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Take advantage of this sweet buildable lot in the heart of Rosendale. Located in a charming residential neighborhood above the Rondout Creek, this . 18 acre parcel is already connected to municipal water and sewer. The existing 3BR/1BA ranch, while it has been a beloved family home for generations, has fallen into disrepair. It will most likely need to be removed in order to build a small, efficient dream home. Let your imagination run wild! The property has two level sites with a small slope between- perfect conditions for a walkout basement and deck. The private backyard is a canvas for creative landscape design. Plenty of room for a fire pit, hot tub & gardens. There’s always something to enjoy within walking distance as well. Walk to Main Street with its plethora of tasty local restaurants & quirky shops. Explore miles of hiking trails around Williams Lake. Take a jog or bike ride on the nearby Wallkill Rail Trail. Visit the pool, playground, tennis & basketball courts at Rosendale Recreation Center just down the street. A convenient mid-point between Kingston and New Paltz, Rosendale offers everything an upstate town can provide: beauty, community, food, music & more. Estate sale as is. Cash or construction loan only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $159,200 | $159,200 | $159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $430 | $430 | $430 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $879 | $942 | $1,269 |
| Total Monthly Payment | $1,384 | $1,447 | $1,774 |
* 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.