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Welcome to 18 Russo Drive, a spacious bi-level home nestled at the end of a tranquil cul-de-sac in the sought-after Marlboro School District. Set on over half an acre, this property offers a perfect blend of comfort, versatility, and peaceful surroundings. This thoughtfully designed home features a living room, dining room, den, family room and 4 bedrooms and 2. 5 baths, providing ample space for everyday living and entertaining. The split-level layout enhances its appeal, offering distinct areas for gatherings or quiet retreats. Natural light pours in throughout the home, creating a warm and inviting atmosphere. A standout feature is the one-bedroom accessory apartment, ideal for guests, extended family, or potential rental income. This flexible space allows you to maximize your investment while providing privacy for everyone. Enjoy the benefits of renewable energy with the owned solar panels, offering an eco-friendly solution to your energy needs while keeping utility costs in check. The large backyard invites outdoor enjoyment, whether it’s gardening, play, or simply unwinding after a long day. The cul-de-sac setting ensures a peaceful environment while still being conveniently located near local shops, dining, and parks. With its prime location and functional design, 18 Russo Drive is an exceptional opportunity for those seeking a well-rounded home in Newburgh. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $758 | $758 | $758 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,893 | $1,944 | $2,593 |
| Total Monthly Payment | $2,726 | $2,777 | $3,426 |
* 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.