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Discover the potential of this charming 2-bedroom, 2-bathroom condo in the tranquil community of Northwood Village, perfectly positioned within walking distance of the Newburgh Waterfront. This inviting home offers an open floor plan that seamlessly connects the living and dining areas, providing a bright and spacious environment ideal for entertaining or relaxing. Ample closet space and additional common storage ensure plenty of room for all your belongings, while a private terrace allows you to enjoy serene views of the landscaped Northwood Village grounds. Though this unit is in need of some TLC, it offers an incredible opportunity to create a personalized space or a strong investment property. Perfectly situated for commuters, you’ll enjoy easy access to major highways including 9W, I-84, and I-87, as well as the Newburgh/Beacon Bridge. The nearby ferry provides a convenient connection to the Beacon Metro North train station, making your daily commute to NYC effortless. With its unbeatable location, potential for customization, and investment appeal, this condo is ready for its next owner. Don’t miss the chance to make it yours—schedule a viewing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$169,900
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 | $135,920 | $135,920 | $135,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $274 | $274 | $274 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $772 | $815 | $1,093 |
| Total Monthly Payment | $1,121 | $1,164 | $1,442 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.