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Opportunity awaits for this 2 Family income-producing property in a quiet area within walking distance to nearby De Hoyos Memorial Park and Pond. Location is conveniently located to major highways making it easy for commuting, nearby shopping and public transportation, including area attractions of Resorts World Casino, Bethel Woods, Monticello Motor Club, Forestburgh Playhouse and the Kartrite Resort Indoor Waterpark are just a few minutes drive. The 2 bedroom apartment is located on the 1st first floor and the 1 bedroom is on the 2nd floor. Both units offer private entrances for added convenience and privacy. Tenant have been long standing tenants who would like to remain. This multi-unit home is ideal for investors / owner-occupants looking to generate steady income in Sullivan County. Property being Sold As Is.
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Our Executive Mortgage Banker:
$279,000
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 | $223,200 | $223,200 | $223,200 |
| 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 | $324 | $324 | $324 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,374 | $1,409 | $1,853 |
| Total Monthly Payment | $1,773 | $1,808 | $2,252 |
* 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.