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Presented by
Kate Bellantoni |
This well maintained multi-family property offers the perfect blend of charm, space, and flexibility, ideal for both homeowners and investors alike. The main three-bedroom unit lives like a single-family home, featuring a welcoming rocking chair front porch, a spacious foyer, and formal dining room. Upstairs, you’ll find three generously sized bedrooms, along with a walk-up third floor (accessed from the hallway) offering excellent potential for future expansion or your storage needs. The unit has been refreshed with new carpeting, updated stair treads, and fresh paint throughout. The lower level one bedroom unit provides a private and comfortable living space with a separate rear entrance, ideal for rental income, but can also be accessed via stairway from the first floor, offering a good option for extended family. It has been updated with brand new flooring and fresh paint, and enjoys access to a large, fenced-in backyard. Each unit is equipped with its own laundry and separate electrical meter. Gas, heat and hot water is shared, helping to streamline maintenance and reduce overall equipment costs. The property has just been delivered vacant, giving the new owner immediate flexibility to set rents at current market rates (estimated at approximately $3, 650/month for Unit 1 and $1, 900/month for Unit 2 in their current condition). Ideally located just steps from vibrant downtown Peekskill, with its shops, restaurants, waterfront, and Metro-North access (less than 1 mile away), this is a rare opportunity to own a versatile property in a highly rentable location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.804.1775
Kate.Bellantoni@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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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 | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.520% | 5.880% |
| Monthly Tax Payment | $1,337 | $1,337 | $1,337 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,839 | $2,995 | $3,954 |
| Total Monthly Payment | $4,268 | $4,424 | $5,383 |
* 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.