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Welcome to 165 Forest Ave – A Rare Find and Incredible Value in the Heart of Pearl River! This expanded colonial offers 2, 489 sq ft of living space, combining classic charm, a flexible layout, and an unbeatable location — all at a price hard to find in today’s market. With 3 bedrooms and 2 full baths, this home is ideal for a variety of lifestyles, from growing families to multi-generational living. Step inside to a welcoming entry foyer with an open spiral staircase, setting the tone with natural light and timeless character. The spacious living room features a cozy gas fireplace and flows seamlessly into a formal dining room and eat-in kitchen. A den off the living room includes a built-in Murphy bed — great for guests or flexible use. The main floor also includes a full bath with walk-in shower and a convenient laundry area, adding to the home’s functionality. A converted garage offers a large bonus space for a home office, gym, or additional living area — and can easily be converted back if needed. While some updates may be desired to make it truly your own, this home has been lovingly maintained and offers tremendous potential to add value and create your dream space. Set on a beautifully maintained . 52-acre lot — this property offers both space and privacy, with a park-like setting just minutes from downtown Pearl River’s shops, restaurants, transportation, and top-rated schools. A true gem in today’s market — solid bones, a classic layout, and an unbeatable location make this one of Pearl River’s best values. Don’t miss your chance — schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$615,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $492,000 | $492,000 | $492,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $1,340 | $1,340 | $1,340 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,871 | $2,989 | $3,987 |
| Total Monthly Payment | $4,303 | $4,421 | $5,419 |
* 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.