Opportunity knocks at Summit Ave! This contemporary ranch is waiting for you. Nestled on a quiet, pretty street in Tappan—one of the area’s best kept secrets. Featuring a unique floor plan with a primary suite on the main level, plus an additional bedroom and two full baths. Laundry room conveniently located on main level as well making doing laundry a breeze. Enjoy an open concept kitchen with island. Dining area, and living room with vaulted ceilings, skylights and hardwood floors. A main level newer extension offers a separate apartment with kitchen, living room, bedroom full bath, laundry room and its own private entrance. Just perfect for flexible versatile living with multi purpose usage and space for everyone. Finished walkout lower level includes a rec room, 2 bedrooms, a den and a full bath. Perfect for home office. Abundant space and storage throughout. Other highlights: home has with a generator hook up, tankless water heater, crown boiler, and 2 zone central air. Private fenced in yard with above ground pool, fire pit, and fun gaming shed. Great for entertaining. Home needs updating and finishing touches to make it complete. It’s an affordable opportunity to buy in the desirable South Orangetown area. Explore your possibilities and creativity to make this your own dream home. Prime accessible location just minutes away to the historic town of Tappan that is rich in history. Close to shopping, public transportation, NYC buses, PIP and NJ border. Only 15 miles to the GW bridge. All this and Award winning South Orangetown schools. Home being sold as is. Don’t miss this rare opportunity!
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Our Executive Mortgage Banker:
$749,000
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 | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,281 | $1,281 | $1,281 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,689 | $3,783 | $4,976 |
| Total Monthly Payment | $5,062 | $5,156 | $6,349 |
* 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.