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Exceptional value-add opportunity in the heart of Haverstraw, Rockland County! This value-packed property offers an incredible opportunity for both investors and end users looking to secure a home with strong upside potential and immediate income. Currently generating $3, 200/month in rental income, this property presents excellent cash-flow potential with room for future growth. This charming and well-laid-out home welcomes you with a beautiful front yard and inviting spacious living room filled with warmth and functionality. Connected is a nicely sized eat-in kitchen featuring a practical layout for everyday living along with direct access to the spacious backyard—perfect for outdoor enjoyment, entertaining, or future added value. The main level offers 2 nicely sized bedrooms and a full bathroom, while the upper level includes an additional 2 bedrooms, providing flexibility for extended living, work-from-home space, or maximizing occupancy potential. Complete with a private driveway, convenient carport, and generous backyard space, this property is ideally located near shopping, schools, transportation, and more. Whether you are looking for a strong investment property with existing income or an affordable home with future upside, this is an opportunity you do not want to miss!
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Our Executive Mortgage Banker:
$425,000
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 | $340,000 | $340,000 | $340,000 |
| 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% | 6.887% | 6.078% |
| Monthly Tax Payment | $1,043 | $1,043 | $1,043 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,093 | $2,177 | $2,846 |
| Total Monthly Payment | $3,211 | $3,295 | $3,964 |
* 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.