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Welcome to 231 High Avenue, a beautifully updated Colonial Revival two-family in the heart of vibrant downtown Nyack, delivering two turnkey income streams in one of Rockland's most sought-after rental markets. Apartment 1, on the first floor, is a sun-filled 1-bedroom, 1-bath with soaring high ceilings, gleaming hardwood floors, and an updated kitchen and bath. Apartment 2 spans the second and third floors as a spacious 2-bedroom, 2-bath duplex with renovated kitchen and baths and charm at every turn. Tasteful updates throughout drive strong tenant appeal and minimal landlord lift. Each unit enjoys its own dedicated rear patio, private washer/dryer in the walk-out basement, abundant storage, and efficient baseboard heat. A welcoming covered front porch and a 2-car garage round out a rare in-village package. Live in one and rent the other, or hold both for steady cash flow, an ideal play for investors and owner-occupants alike. Minutes to the Mario Cuomo Bridge and steps from art walks, live music, and riverside dining, this is an address that practically rents itself. Income, charm, and location. 231 High has it all.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$769,000
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 | $615,200 | $615,200 | $615,200 |
| 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% | 6.776% | 6.078% |
| Monthly Tax Payment | $1,424 | $1,424 | $1,424 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,788 | $3,939 | $5,150 |
| Total Monthly Payment | $5,304 | $5,455 | $6,666 |
* 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.