A tremendous opportunity awaits in Holmes. Featuring two homes on over an acre of property with babbling brook, gardens, sheds, walking distance to Whaley Lake and within the Pawling school district. Renovations have been ongoing on both properties, and you can bring your vision to put the final touches into place. The larger, main home features an open floor plan with expansive living room inclusive of wood burning fireplace. Within the chef's kitchen you will notice an island, stainless appliances, and ample counter and cabinet space. The main level of the home also includes two bedrooms, a renovated full bath, and laundry room. The second level of this home provides you with three additional bedrooms, another large renovated full bathroom and storage space. Step into the second home on the property to find an open concept floor plan with the living room flowing into the kitchen and dining area. On the second level of this home you will find a flex space atop the stairs, a generous sized bedroom and an updated bathroom. A perfect opportunity for someone to live in one unit and rent the other or add both rentals to your portfolio. Convenient location provides close proximity to route 84, Pawling train station, shops, restaurants and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $991 | $991 | $991 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,148 | $3,185 | $4,041 |
Total Monthly Payment | $4,231 | $4,268 | $5,124 |
* 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.