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7 Smith Street, Red Hook, NY, 12571 | $349,900
INCREDIBLE MARKET FIX & FLIP OPPORTUNITY IN THE VILLAGE OF RED HOOK! The house sits on a large, level lot in the center of the village, tucked away privately at the back of the property, offering both privacy and village living. It's a single-family home with a legal accessory unit. The demo and prep work has already been completed—ready for the next phase. This will require a full renovation. Seller has a survey and full set of completed architectural plans for what will be an amazing finished product. The plan includes: - Over 2, 400SF of total living space - Open kitchen with vaulted ceilings - Comfortable living room and home office - 3 bedrooms including a spacious master suite - Spacious Second-floor studio unit with a private exterior entrance—perfect for rental income or use as a guest/in-law suite - A large, detached garage/workshop. Please reach out for the survey, full plans, and conceptual renderings. Please note: renderings are for visualization only and not exact representations of features or finishes. There is a fully renovated Village home within the mile in March for $915, 000. There was also a non renovated home that sold just this month for $784, 900 (ask for links/addresses). Note that both sold over asking. First pictures are from renderings and then at the end it shows the current ones.
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 3 full
- Laundry: Laundry Room
- Style: Other
- Year Built: 1988
- Garage: 2-car
- Heating: Electric, Other
- Cooling: None
- Basement: Crawl Space
- Approx Sq. Feet: 2,400
- Acreage: 0.51
- Est. Taxes: $8,189
- Lot Desc: Front Yard, Level, Private
- Elem. School: Mill Road-Intermediate Grades
- Middle School: Linden Avenue Middle School
- High School: Red Hook Senior High School
- School District: Red Hook
- Appliances: Other
- MLS#: 940145
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/940145/7smithstreet_redhook_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7 Smith Street, Red Hook, NY, 12571
$349,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,920 | $279,920 | $279,920 |
| 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 | $682 | $682 | $682 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,634 | $1,701 | $2,269 |
| Total Monthly Payment | $2,391 | $2,458 | $3,026 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535