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Discover a rare opportunity to own a 2-family home in Suffern, NY on an exceptional 1. 56-acre lot—more than 9x larger than the typical two-family lot size sold in the area. This beautiful 1877 farmhouse combines historic charm with modern convenience and offers outstanding investment potential or an ideal owner-occupant setup. Set on a flat, green, L-shaped property, this home provides expansive outdoor space that is nearly impossible to find with multi-family homes in Rockland County. The long, level lawn creates a peaceful, private setting with room for recreation, gardening, or future expansion. A sweet front porch, original water well, and hardwood floors throughout highlight the home’s timeless farmhouse character. Inside, the home offers two well-kept rental units, each with its own washer/dryer hookup, updated utilities, and access to a private backyard. The property has been a reliable income-producing investment, and the seller can deliver it vacant, allowing the next owner to set market rents or move right in. Additional benefits include ample parking and a well maintained basement with improved mechanical systems. One of the standout features is the oversized barn with newer garage doors—a perfect space for equipment storage, cars, hobby use, or potential additional rental income (with proper approvals). Whether you’re an investor looking for a cash-flowing two-family house or a homeowner seeking extra land and flexibility, this property delivers exceptional value. Located just 0. 5 miles from Kakiat State Park, residents enjoy quick access to hiking trails, nature paths, and the popular dog park. The home is also close to downtown Suffern, local shops, commuter routes, and top-rated schools, making it a highly desirable choice for renters and homeowners alike. This unique multi-family property in Suffern, NY offers historic charm, significant acreage, and incredible versatility—an extremely rare combination on today’s market. Don’t miss your chance to own one of the most distinctive and spacious two-family homes in the region.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,353 | $1,353 | $1,353 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,791 | $5,206 | $7,249 |
| Total Monthly Payment | $6,269 | $6,684 | $8,727 |
* 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.