NEW FOR 2024 THIS HOUSE IS FRAMED AND READY FOR BUYERS TO SELECT COLORS AND FINISHES! You will be impressed by this spacious 2900 sq. ft. Colonial offering 4 Beds and 3 Baths in Town of Newburgh with Marlboro Schools perfect functionality, flexible floor plan with open concept living & quality construction! This home features a 1st floor Primary Bedroom with tray ceilings, spa like ceramic Bath with oversized shower with rain shower heads, soaking tub, dual sinks, and 2 walk in closets, also on 1st floor a 2nd Bedroom could be office and full Bath, Laundry, custom designed Kitchen with Waypoint cabinets, peninsula, granite, stainless Frigidaire appliances & pantry, Dining area & Living Room with dramatic ceilings with gas fireplace , 14 X 16 deck, 2nd floor offers 2 Beds, Bath and a finished Bonus Room with unlimited possibilities. Energy efficient construction with foam insulation & HP glass windows. Unfinished basement with rough plumbing for possible future living space ! It's time to pick your colors - house in framed, sheet rocked and ready for completion. Prime town location & commuter friendly 5 miles to Newburgh Beacon Bridge and 12 miles to Mid Hudson!
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $1,383 | $1,383 | $1,383 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,894 |
Total Monthly Payment | $5,432 | $5,330 | $6,369 |
* 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.