This circa 1870, 2 bed, 1 bath home sits on 3/4 acre on Sparkill Creek and is one of the last untouched properties on the new "gold coast" of Piermont. CHECK THE VIRTUAL TOUR FOR MORE!!! Home to a world renown artist for the last 60 years, this wooded property borders the Mill Pond of Sparkill Creek. The open living room and kitchen are filled with light, The double lofts add to the open feeling. The back bedroom has access to the new upper deck, which is a fabulous vantage point high above the Creek. There are two studio spaces on the ground floor, each with a door out to the lower deck and the expansive property that slopes down past the mature trees to the Mill Pond. The oversized artist's studio space is ready for it's next incarnation. South Piermont Avenue has transformed from the blue collar neighborhood of railroad and mill to a vibrant 21st century community that is reimagining how to live in such natural beauty yet remain so close to Manhattan. Walk to Piermont village shops, restaurants, galleries, library, marinas, the Piermont Pier, and Tallman Mountain State Park and hike or bike along the Piermont to Nyack upper trail. NOTE: If you are reading this on Zillow to access the Virtual Tour you will need to click on the More Facts & Features Tab.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $951 | $951 | $951 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,247 | $3,207 | $4,081 |
Total Monthly Payment | $4,290 | $4,250 | $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.