55 High Street, Monroe, NY, 10950 | $599,000

A rare opportunity knocks in the village of Monroe! This outstanding two-family home has been thoughtfully upgraded and meticulously maintained by the current owner for nearly 30 years but now it’s ready for someone new to take advantage of its incredible potential. Perfect for multigenerational living or as an investment property, you can live in one unit while enjoying the benefit of the solid tenants in the other. Hardwood floors run throughout both floors and light, neutral interiors are sure to impress. Renovations were just completed in the three bedroom upstairs apartment, making it move-in ready for you or your next tenant. Fresh paint throughout complements a brand new kitchen featuring soft-close cabinets, solid surface countertops and backsplash, and all new stainless steel appliances including a convection oven with air fryer and self-cleaning features. Living room flows into the dining room and all three bedrooms are spacious. Primary bedroom offers two closets and opens to the full bathroom with newer fixtures for an ensuite feel. The lower-level unit also received a quality kitchen makeover in 2023 and while the layout closely mirrors the upstairs, this level offers two large bedrooms. Additional features that set this property apart are private laundry in each apartment, the two car garage (with individual bays), 4+ car resealed driveway and separate basement spaces providing storage and convenience tenants rarely find. Individually metered natural gas, electric and water keep things simple and hassle-free for all. Additional perks include municipal sewer and sanitation, all in an ideal commuter location less than 4 miles to commuter train station and just minutes to bus, highway, shopping, dining, parks, area attractions and so much more.

Features

  • Bedrooms: 5
  • Baths: 2 full
  • Laundry: In Hall, In Unit
  • Style: Duplex
  • Year Built: 1982
  • Garage: 2-car
  • Heating: Baseboard, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Partial, See Remarks, Storage Space, Unfinished
  • Acreage: 0.16
  • Est. Taxes: $14,326
  • Lot Desc: Back Yard, Level, Near Golf Course, Near Public Transit, Near School, Near Shops
  • Elem. School: Smith Clove Elementary School
  • Middle School: Monroe-Woodbury Middle School
  • High School: Monroe-Woodbury High School
  • School District: Monroe-Woodbury
  • MLS#: 939805
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/939805/55highstreet_monroe_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Howard Hanna Rand Realty   Phone: 845-928-9691

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
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  • 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.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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

55 High Street, Monroe, NY, 10950

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.345% 6.533% 5.783%
Monthly Tax Payment $1,194 $1,194 $1,194
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,835 $2,990 $3,913
Total Monthly Payment $4,121 $4,276 $5,199

* 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.