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Opportunity knocks in Deer Park. This value packed single family ranch is loaded with potential for investors, builders, and buyers looking to create serious upside in a high demand area. Set on a 0. 20 acre lot, this home offers hardwood floors, an eat in kitchen, updated bathroom, newer roof and heating system, plus a full cellar with exterior access that’s begging to be finished. Detached garage with additional kitchen, full bath, bedroom, and living area, private driveway, and a spacious backyard open the door for expansion, redesign, or creative improvements. With the right vision, the cellar and garage present strong potential for additional living space or future apartment style income, subject to permits and approvals. Whether you’re planning a fix and flip, buy and hold, or long term rental strategy, this property checks the boxes. Located minutes from major highways, shopping, dining, schools, and transportation, this is the kind of opportunity investors hunt for but rarely find. Perfect for cash buyers or renovation financing. Bring your contractor, bring your ideas, and unlock the full potential of this Deer Park gem. Act fast. Opportunities like this do not last! Property being sold As-Is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
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 | $368,000 | $368,000 | $368,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | $754 | $754 | $754 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,089 | $2,236 | $2,983 |
| Total Monthly Payment | $2,918 | $3,065 | $3,812 |
* 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.