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Welcome to 26 E Catherine Street, a well-maintained duplex located in the heart of the Village of Nyack. This versatile property offers a great opportunity for investors seeking reliable rental income as well as end-users looking for a home with an additional unit to offset expenses. The building features two thoughtfully arranged 2-bedroom units, each with its own private entrance and comfortable living spaces. The first-floor unit includes two bedrooms, a full bathroom, a bright living room, and an efficient kitchen. This unit is currently occupied with a monthly rent of $1, 800, providing immediate income. The second-floor unit offers a bedroom plus an additional room used as a second bedroom, a full bathroom, living area, and kitchen, and is currently rented for $1, 700 per month. Both units benefit from natural light, a practical layout, and well-kept interiors. The property has a history of steady tenancy and offers strong rental potential in a location known for convenience and walkability. Residents enjoy close proximity to Nyack’s vibrant downtown, including shops, dining, parks, public transportation, and waterfront attractions along the Hudson River. With its flexible configuration and established rental history, this duplex is an excellent option for those looking to invest, live with additional income, or hold for long-term growth in one of Rockland County’s most desirable river towns.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.533% | 5.920% |
| Monthly Tax Payment | $925 | $925 | $925 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,393 | $2,490 | $3,288 |
| Total Monthly Payment | $3,393 | $3,490 | $4,288 |
* 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.