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Presented by
Michael Casarella |
Peekskill's Premier Investment: Low Overhead, High Returns – Tenants Handle Heat & Hot Water! This unique multi-family home in Peekskill presents an incredible investment opportunity with its thoughtful design and desirable location. The property features private entrances for each unit, ensuring convenience and privacy for tenants. The upper units offers stunning views and boasts a well-designed layout with two spacious bedrooms, a full bathroom, dining room, and an eat-in kitchen, providing ample living space for tenants to enjoy. Each unit is equipped with its own boiler and hot water heater, allowing tenants to manage their own heating and water expenses independently. Additionally, each unit includes two designated parking spots, totaling 8 parking spaces – a rare and valuable feature in the area. This property combines low-maintenance utilities with the charm and convenience of Peekskill living. Situated near all the best that Peekskill has to offer – including vibrant dining, shopping, parks, and cultural attractions – this home is truly a standout. Properties like this are rarely available, making it an exceptional opportunity for investors or owner-occupants alike. Don’t miss out on this easy-to-manage, income-generating property! There are multiple offers, highest and best offers should be submitted no later than Monday January 20th 12PM.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
Sales Associate
William Raveis Real Estate
Phone: 914.804.5537
Michael.Casarella@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $799,200 | $799,200 | $799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $1,897 | $1,897 | $1,897 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,413 | $4,728 | $6,583 |
| Total Monthly Payment | $6,402 | $6,717 | $8,572 |
* 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.