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Calling All Investors!!! Be the first to come and see this Amazing Opportunity to own a piece of history. Newly offered, a 1930's Farmhouse with detached garage, in the country town of Forestburgh NY. This particular property is a fixer-upper, and for the investor with the right eye and vision, could be a "home-run", in the real estate world! This property is also, one of three, in the portfolio of the present owners. If the deal is right, you could purchase the whole package. Do yourself a favor and take a drive to the countryside. Take in a show at the Forestburgh Playhouse or do some eagle watching, fishing and some hiking at the Mohican Lake and Monguap Valley Preserve, all of which are less than a mile in either direction from the property. Make a showing appointment to see this "diamond in the rough", potential property. You won't be disappointed. Bring your contractor, tools, hiking boots, fishing rods, lunch, your vision and, don't forget to bring your checkbook. (more pictures coming. )
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:
$265,900
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 | $212,720 | $212,720 | $212,720 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $244 | $244 | $244 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,310 | $1,345 | $1,766 |
| Total Monthly Payment | $1,629 | $1,664 | $2,085 |
* 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.