268 Edinburgh Drive, Ridge, NY, 11961 | $399,000
Rare opportunity to secure a detached ranch at an unbeatable price point in a highly desirable adult community. This home is the ultimate "blank canvas" for a buyer looking to trade a little elbow grease for instant equity. The interior is ready for a full aesthetic transformation - including wallpaper removal, fresh paint, new flooring, and window replacements. However, this home does have a 2 year old roof. The functional floor plan features a one car attached garage and the privacy of a stand alone home with no shared walls. The very private yard has a patio and the front covered portico is perfect for relaxing. Bring your contractor, your vision, and your paint swatches to transform this diamond-in-the-rough into your custom retirement retreat. Being sold strictly AS-IS; don't miss the chance to make this space entirely your own in a quiet, manicured neighborhood. This home is in a 55+ homeowners association with outdoor heated Salt-water pool, pickle ball courts, bocci court clubhouse, wood shop, travel club and more
Features
- Amenities: Clubhouse, Fitness Center, Landscaping, Maintenance Grounds, Pool, Snow Removal
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Style: Ranch
- Year Built: 1979
- Garage: 1-car
- Heating: Electric
- Cooling: Central Air
- Basement: None
- Approx Sq. Feet: 849
- Acreage: 0.07
- Est. Taxes: $5,848
- HOA Fee: $400 Monthly
- Adult Communities: Yes
- Elem. School: Ridge Elementary School
- Middle School: Longwood Junior High School
- High School: Longwood High School
- School District: Longwood
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
- MLS#: 987328
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/987328/268edinburghdrive_ridge_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
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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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
268 Edinburgh Drive, Ridge, NY, 11961
$399,000
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 | $319,200 | $319,200 | $319,200 |
| 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 | $487 | $487 | $487 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,965 | $2,044 | $2,672 |
| Total Monthly Payment | $2,527 | $2,606 | $3,234 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535