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CLASSIC EARLY 1099s VICTORIAN IN THE HEART OF WALDEN!!! Bring your vision and your contractor! This 3-bedroom, 1. 5-bathroom Victorian-era home offers 1, 216 sq ft of living space and incredible value-add potential. Whether you are looking for your next profitable flip or aiming to expand a buy-and-hold rental portfolio, this property provides the perfect canvas to build immediate sweat equity. Step inside to find great bones and historic charm waiting to be restored. The main level boasts original hardwood floors, high ceilings, large bay windows that flood the rooms with natural light, and a classic original staircase. The spacious living and dining layout leads into a generously sized kitchen footprint that is primed for a complete modern redesign. Head upstairs to discover three well-proportioned bedrooms, all continuing the home's original hardwood flooring—a perfect candidate for a professional sanding and refinishing to bring back their historic shine. The bedrooms offer solid natural light and functional layouts, with some rooms featuring open closets with built-in wooden shelving. The second-floor landing provides an open flow and additional storage options. The full bathroom currently features a tub/shower combination with a tile surround and a vanity, offering a straightforward footprint for a contemporary cosmetic overhaul to maximize your after-repair value (ARV) or rental appeal. Outside, the home features a quintessential covered front porch. The fully fenced backyard and rear deck structure offer a great foundation for a private outdoor retreat or tenant amenity space once cleared and updated. Location is everything, and this property delivers. Situated right in the Village of Walden, it is incredibly convenient and walkable. You are just moments away from a variety of local eateries, shopping centers, banking, and postal services. The home is surrounded by community amenities, sitting near all five village area parks and located within the highly-regarded Valley Central School District. For commuters, it is just a short drive to Interstate 84 and major Hudson Valley thoroughfares. This is a true diamond in the rough requiring TLC. Don’t miss out on this fantastic investment opportunity—schedule your showing today!
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Our Executive Mortgage Banker:
$299,999
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 | $239,999 | $239,999 | $239,999 |
| 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 | $591 | $591 | $591 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,478 | $1,537 | $2,009 |
| Total Monthly Payment | $2,144 | $2,203 | $2,675 |
* 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.