This ranch-style home in the Town of Newburgh offers a functional layout with comfortable living areas and a setting designed for everyday ease. Hardwood floors run throughout the main level, and large windows bring in natural light. The living room features a classic fireplace that creates a warm focal point, while the layout connects easily to the rest of the home for both daily living and entertaining. The kitchen includes granite countertops, ample cabinetry, and direct access to the back deck, making outdoor dining and gatherings convenient. The main level offers three bedrooms and a full bath. The lower level adds flexibility with additional usable square footage and a half bath, a great option for buyers looking for a home with a basement for hobbies, storage, or extended use. Set on 0. 46 acres, the property features a level backyard, a deck for outdoor enjoyment, and a storage shed. An attached garage and driveway provide everyday convenience. Located in the Newburgh school district, this property offers a practical combination of indoor comfort and outdoor features for buyers searching for a ranch home under $400K.
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Our Executive Mortgage Banker:
$385,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $308,000 | $308,000 | $308,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $336 | $336 | $336 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,845 | $1,945 | $2,537 |
| Total Monthly Payment | $2,256 | $2,356 | $2,948 |
* 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.