LOCATION, LOCATION! The key words in real estate!! Don't miss the opportunity to be on a quiet neighborhood street within blocks of the vibrant, endearing Village of Nyack where you can enjoy boutiques, restaurants, local theatre, concerts, hiking and parks alongside the majestic Hudson River. This village home is part of a strip built in the late 1800s by John Hull Browning for families of workers on the Northern Railroad. The passenger service ended in 1966 and was replaced by a park and the Esposito Trail, a walking/cycling path that runs from Nyack to Piermont and is directly behind this property. Bring some creative vision to restore this home and make it your own! It features 7 rooms, including a den/office or first floor bedroom and full bath on the main floor plus 2 bedrooms and a second full bath on the upper level. You’ll find hardwood floors in the Living Rm and one of the upstairs bedrooms, and there’s parquet flooring in the Dining Rm. A new heating system and hot water heater were installed 2020. Become part of this endearing River Town for the New Year and enjoy! You’ll love having a wraparound front porch and pretty street views and being within walking distance of all the Village has to offer. A great location for commuters, too, via the NYS Thruway and the Cuomo Bridge. DON'T WAIT!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $1,042 | $1,042 | $1,042 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,099 | $3,057 | $3,879 |
Total Monthly Payment | $4,233 | $4,191 | $5,013 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.