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Fantastic. . . renovated two-family, sought-after Liberty Street in Newburgh, experiencing exciting new cafes, bistros, and boutiques! This duplex pics and video have been Virtually Staged for you to see the full potential of the homes! Next door to the prestigious Mount Saint Mary's College. Very close to the popular Newburgh Waterfront with perfect views/dining for residents! Also a short approx. one hour , fifteen mins. for a NYC commute. Whether you're an investor or an owner occupant, each unit offers separate gas and electric meters, along with private entrances for both units for your choice of use. The upper level is complete with four bedrooms, one bath, and 411 ( lower level) offers a three bed one bath home. This property offers a strong income opportunity, for a long term endeavor! Fully renovated rooms and vacant to your finishing touches, and use. With the duplex having two gas meters and two electric meters it's perfect for an investing or separate private living. It's a win, win, with 2100 square feet and total seven beds, two baths. Come and see this catch, of an investment property on the up and coming Liberty Street, in the historic city of Newburgh!
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Our Executive Mortgage Banker:
$400,000
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 | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $526 | $526 | $526 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,842 | $2,049 | $2,657 |
| Total Monthly Payment | $2,443 | $2,650 | $3,258 |
* 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.