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Welcome to this beautifully renovated home in the charming Lake Peekskill community, offering the perfect balance of peaceful surroundings, flexible living space, and everyday convenience. While legally configured as a 2-bedroom 1-bathroom home, the interior layout lives much larger than the official records suggest. Additional finished spaces, including a second full bathroom and a bright loft area with multiple rooms, provide flexible options for guests, a home office, studio, or additional sleeping areas, allowing the home to function more like a 3-bedroom layout with added bonus space depending on your needs. The home has been extensively updated and thoughtfully renovated, creating a move-in-ready space that blends modern improvements with the cozy character of a Hudson Valley lake retreat. Natural light fills the living areas and the layout maximizes both comfort and functionality. Step outside to the spacious deck featuring seasonal views of Lake Peekskill, a perfect place to relax, entertain, or enjoy quiet mornings surrounded by nature. Adding to the appeal, the property includes deeded lake rights, giving owners access to the lake and all the recreation the community offers. Conveniently located just minutes from local restaurants, parks, schools, delis, gas stations, shopping, and the post office, the home also provides easy access to Metro-North, making commuting or weekend trips to New York City simple. This is a rare opportunity to own a fully renovated home in the Lake Peekskill community that offers far more space and flexibility than it appears on paper.
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Our Executive Mortgage Banker:
Our Insurance Division:
$540,000
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 | $432,000 | $432,000 | $432,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $771 | $771 | $771 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,521 | $2,625 | $3,501 |
| Total Monthly Payment | $3,384 | $3,488 | $4,364 |
* 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.