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INVESTOR SPECIAL! Situated on a half-acre homesite with multiple separate living areas, this flexible property is great for house-hackers, investors, or multi-generational living, offering privacy without duplicating land costs. Live in one residence while offsetting your mortgage with rental income from the others, all with separate entrances and long-term tenancy infrastructure already in place. Significant system upgrades reduce future capital expense, including replaced electrical receptacles, upgraded 4-ton Goodman HVAC, updated A/C ductwork, energy-efficient windows, new drainfield, replaced power pole and exterior breaker box, and all new code-compliant exterior locks. The main residence features a fully modernized interior with drywall finishes, an updated kitchen with ample storage, movable island and breakfast bar, contemporary lighting, and a remodeled primary bathroom with soaker tub, tiled shower walls, granite vanity, and recessed lighting. The primary bedroom includes hardwood flooring and organized closet storage. The Office/Den has a built-in bunkbed. The permitted one-bedroom apartment functions as a true standalone dwelling with its own kitchen, living area, inside laundry, insulated exterior walls, and a jacuzzi bath. A separate in-law suite provides additional living space and rental potential with full kitchen, one bedroom, inside laundry, garden tub bath, and access to a shared screened patio. All units are clean and well-kept. Exterior features include a 30-amp RV/camper hookup with sewer access and a shed/greenhouse with reinforced pressure-treated flooring. Not a traditional single-family home or duplex, this is a purpose-built, income-supporting property for buyers focused on space, flexibility, and long-term value.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $151,200 | $151,200 | $151,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | $29 | $29 | $29 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $894 | $931 | $1,225 |
| Total Monthly Payment | $998 | $1,035 | $1,329 |
* 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.