THIS DIAMOND IN THE ROUGH NEEDS REHAB TO BRING BACK TO LIFE! IT IS GOOD FOR SOMEONE WHO WANTS TO LIVE ON ONE SIDE AND RENT THE OTHER OR SOMEONE WHO WANTS TO CONVERT TO A SINGLE-FAMILY HOME. THIS HOME WOULD MAKE AN EXCELLENT AIRBNB! CASH ONLY. Are you searching for a timeless gem with endless potential? Look no further! We present a magnificent old-style two-family home. Nestled in a charming neighborhood, this property is a dream come true for those seeking a project to restore to its former glory. The roof is approximately 14 years old, one furnace is two years old, and the other is about 10. Two-Family Layout: The property is divided into two spacious duplex units, offering endless possibilities for multi-generational living, rental income, or the flexibility to design your dream home while generating additional revenue. Prime location: Located on a lovely corner lot, close to schools, village dining, shopping, apple orchards, wineries, transportation, and more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $701 | $701 | $701 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,910 | $1,860 | $2,400 |
Total Monthly Payment | $2,686 | $2,636 | $3,176 |
* 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.