71 Orange Street, Marlboro, NY, 12542 | $519,000
Income Producing Brick Ranch: This charming, well-kept ranch-style two-family home is ready for you to make it your own. Imagine the ease of living with both apartments offering convenient ground-floor entrances—no steps to worry about, making everyday life so much simpler. Each apartment is thoughtfully laid out with three cozy bedrooms and a full bathroom, ideal for guests. The kitchens are fully equipped with modern appliances, inviting you to create delicious meals and lasting memories. The basement unit is relatively new, built in 2021, ensuring peace of mind and contemporary comfort. With a roof and HVAC system that are both in excellent condition, plus classic all-brick siding, you’ll enjoy a home that’s not only beautiful but also built to last. Both apartments are currently occupied producing $4, 800 per month in rent with each tenant knowing the new owner may wish to occupy one of the units. Municipal water and sewer services mean you won’t have to fret about well or septic maintenance. And, with access to the highly regarded Marlboro School System, this is a fantastic place to raise a family or invest in the future. Whether you’re looking to offset your ownership costs with rental income or seeking a low-maintenance investment, this property offers the perfect blend of practicality and warmth. Picture yourself here—where comfort, convenience, and opportunity come together.
Features
- Bedrooms: 6
- Baths: 2 full
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
- Style: Ranch
- Year Built: 1950
- Heating: Baseboard, Hot Water, Oil
- Cooling: Central Air
- Basement: Finished
- Acreage: 0.21
- Est. Taxes: $8,155
- Elem. School: Marlboro Elementary School
- Middle School: Marlboro Middle School
- High School: Marlboro Central High School
- School District: Marlboro
- MLS#: 975678
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/975678/71orangestreet_marlboro_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
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
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
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
71 Orange Street, Marlboro, NY, 12542
$519,000
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 | $415,200 | $415,200 | $415,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $680 | $680 | $680 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,456 | $2,556 | $3,390 |
| Total Monthly Payment | $3,228 | $3,328 | $4,162 |
* 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