24 Grove Street, Cairo, NY, 12413 | $360,000

Turn key, 3 unit-multi family building located right outside the village of Cairo. This property is on a one way street with off street parking. First floor apartment has 2 bedrooms, 1 bath. Second floor apartment is 2 bedrooms, 1 bath. Third floor apartment has 1 bed, 1 bath.
With apartment 2 currently vacant, a buyer has the unique opportunity to move in and let rental income from the other 2 units help cover the mortgage-live affordably while building equity.

Features

  • Bedrooms: 5
  • Units: 3
  • Laundry: In Unit
  • Style: Other, Traditional
  • Year Built: 1900
  • Heating: Baseboard, Oil
  • Cooling: None
  • Basement: Full
  • Acreage: 0.13
  • Est. Taxes: $3,931
  • School District: Cairo-Durham
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
  • Owner Pays: Electricity
  • MLS#: 20252805
  • Days on Market: 310 days
  • Website: https://www.raveis.com
    /prop/20252805/24grovestreet_cairo_ny?source=qrflyer
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Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
Listing courtesy of Amodio Real Estate & Prop

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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!
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24 Grove Street, Cairo, NY, 12413

$360,000

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 $288,000 $288,000 $288,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.866%
Monthly Tax Payment $328 $328 $328
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,727 $1,797 $2,372
Total Monthly Payment $2,130 $2,200 $2,775

* 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.