Amazing opportunity to purchase a beautiful 1880 building having over 11, 000SF of area which includes two (2) apartments with the potential for more. Rustic wooden beams accentuate the interior and you'll get the feeling of being inside an old railroad building back in the day. At the front of the building is a grade level loading dock with sloped flooring that allows for easy moving and storage to and from the basement. The above grade garage door at the front allows easy access for the movement of large items in and out of the main floor. This building has not been available for decades and the potential abounds in this one of a kind building. The rear landscape is level and surrounded by plush vegetation which lends privacy to this lot and ample parking is available in front. Rt#44 carries a high traffic count and restaurants, shopping and a ski resort along with other amenities are within close proximity. Please due your due diligence and bring your imagination with you. Don't miss out on a great opportunity to own this historic piece of property with endless possibilities!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $191 | $191 | $191 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,616 | $2,074 |
Total Monthly Payment | $1,903 | $1,882 | $2,340 |
* 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.