2 Lincoln Terrace, Newburgh, NY, 12550 | $525,000
Original Details • Fully Renovated Interiors • Open-Concept Living • Modern Kitchen At 2 Lincoln Terrace, classic character meets modern intention. This fully renovated 3-bedroom, 3-bathroom home offers approximately 1, 700 square feet of living space designed for comfort, style, and everyday ease. Original details hint at the home's rich past, while a thoughtful renovation brings it into the present. The open-concept layout creates a natural flow from the inviting living area to the sleek, modern kitchen. Updated bathrooms, warm finishes, and curated design moments add a layer of sophistication to the home's approachable feel. A standout feature, the rare three-car garage offers versatility, whether for storage, creative pursuits, or future expansion. Set on a quiet, tree-lined street in one of Newburgh’s most welcoming neighborhoods, this home offers the best of both worlds: historic appeal and turnkey convenience. Just minutes away, you'll find Gold’s Gym and Planet Fitness for wellness needs, Stop & Shop and the newly opened Freshtown for groceries, and the Newburgh Mall for shopping and entertainment. Commuters will appreciate easy access to the Newburgh–Beacon ferry, which connects to Metro-North trains to Grand Central, or ShortLine buses that reach Manhattan in under two hours. It’s a neighborhood that blends small-town warmth with modern-day practicality. Whether this would be your everyday home or weekend getaway, this charming residence is the perfect place to be.
Features
- Rooms: 7
- Bedrooms: 3
- Baths: 3 full
- Style: Traditional
- Year Built: 1920
- Garage: 3-car
- Heating: Hot Water, Other
- Cooling: Wall/Window Unit(s)
- Basement: Full, Storage Space, Unfinished
- Approx Sq. Feet: 1,564
- Acreage: 0.08
- Est. Taxes: $11,586
- Elem. School: Horizon-On-The-Hudson Magnet School
- Middle School: South Middle School
- High School: Newburgh Free Academy
- School District: Newburgh
- Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer
- MLS#: 892249
- Days on Market: 182 days
- Website: https://www.raveis.com
/prop/892249/2lincolnterrace_newburgh_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
2 Lincoln Terrace, Newburgh, NY, 12550
$525,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $966 | $966 | $966 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,586 | $2,689 | $3,516 |
| Total Monthly Payment | $3,644 | $3,747 | $4,574 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535