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Welcome to 18 Power Line Lane in Staatsburg—a charming and versatile legal two-family property set on an expansive 3-acre lot, offering the perfect blend of comfort, privacy, and opportunity. This cozy yet spacious home features two well-designed units. Unit 1 offers 3 bedrooms and 2 full bathrooms, ideal for an owner-occupant seeking generous living space. Unit 2 includes 1 bedroom and 1 bathroom, perfect for extended family, guests, or rental income. Surrounded by nature, the property provides plenty of outdoor space to relax, entertain, or simply enjoy the peaceful setting. Whether it’s hosting gatherings, creating a garden, or enjoying open-air activities, the possibilities are endless on this beautifully sized lot. Additional features include a full basement with great potential for storage or future finishing, as well as separate septic systems for each unit, offering added convenience and functionality. Whether you’re looking for an investment opportunity, a multi-generational living setup, or a private retreat with income potential, this property delivers both flexibility and charm in a serene location. Don’t miss the chance to make this unique property your own.
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Our Executive Mortgage Banker:
$430,000
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 | $344,000 | $344,000 | $344,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $770 | $770 | $770 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,118 | $2,172 | $2,857 |
| Total Monthly Payment | $2,963 | $3,017 | $3,702 |
* 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.