|
Welcome to Liberty Street in downtown Newburgh New York! This two unit apartment building has been wonderfully renovated and furnished, and is perfect for a new neighbor or investor. Currently both units operate as successful short-term rentals and It will be easy to either move in or keep renting over the long or short-term! On the first floor is a one-bedroom apartment with access to a large deck. Historical details like trims and fireplaces have been preserved, and a modern kitchen and bathroom make it move-in or lease-up ready. Upstairs is a charming two-story apartment with kitchen, living room, dining room, and full bath on the first level. The top level of the home has another full bath and three well-sized bedrooms. The walk out basement is semi-finished with a new concrete slab and ample space for storage and laundry. While the building has been totally modernized with contemporary plumbing and electric throughout the home, historical trims, fireplaces, and floors have been preserved. This is a lovely, inviting home on a block with fantastic neighbors and businesses. We can't wait to welcome you to Newburgh!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $519,200 | $519,200 | $519,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $1,463 | $1,463 | $1,463 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,071 | $3,197 | $4,240 |
| Total Monthly Payment | $4,626 | $4,752 | $5,795 |
* 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.