Updated 3-Bedroom Bi-Level in Prime Town of Newburgh Neighborhood ! Located in a highly desirable, well-established area, this wonderful 3-bedroom, 2. 5-bath bi-level offers comfort, updates, and an unbeatable commuter location. Step inside to find beautifully updated 2 full ceramic baths, hardwood floors throughout the main living area, and an inviting open-concept living, dining, and kitchen with stainless appliances, granite counter & glass tile backsplash, a layout perfect for everyday living and entertaining. Major improvements include an updated heating and air conditioning system, along with a newer roof and windows, providing energy efficiency and peace of mind. Enjoy outdoor living on the deck overlooking a perfectly manicured yard, ideal for relaxing, entertaining, or enjoying the peaceful surroundings. Additional highlights include all municipal services and a functional layout with generous living space. Conveniently located near Chadwick Lake and Algonquin Parks, shopping, dining, and major commuter routes including Newburgh Beacon Bridge to Metro-North Beacon Station, I-84, and I-87, this move in ready home offers the perfect balance of neighborhood living and accessibility.
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Our Executive Mortgage Banker:
$495,000
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 | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $596 | $596 | $596 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,372 | $2,500 | $3,288 |
| Total Monthly Payment | $3,043 | $3,171 | $3,959 |
* 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.