Set on an expansive corner lot, 563 Liberty Street offers exceptional space, layout, and versatility in one of Newburgh’s established residential corridors. Currently operated as student housing, this true single-family residence presents an excellent opportunity for both end users and investors. The home features six bedrooms and three-and-a-half baths, with hardwood floors throughout, an inviting eat-in kitchen, and a traditional layout that includes a formal living room with a decorative fireplace and a dedicated dining room—ideal for entertaining or flexible daily living. A large paved driveway provides rare off-street parking for multiple vehicles. The generous corner lot enhances light, privacy, and future potential, while the home’s classic proportions lend themselves easily to re-imagining as a primary residence, multigenerational home, or continued income-producing property. Whether maintained as a rental or restored to a substantial single-family home, 563 Liberty Street delivers size, function, and long-term value—an increasingly hard-to-find combination in the Newburgh market.
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Our Executive Mortgage Banker:
$525,000
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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $1,144 | $1,144 | $1,144 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,418 | $2,689 | $3,488 |
| Total Monthly Payment | $3,654 | $3,925 | $4,724 |
* 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.