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Presented by
Jason L. Mehler |
This historically and architecturally significant house, zoned Commercial/Residential needs strategic work, but presents a wonderful canvas for a discerning buyer. The possibilities are endless for the industrious investor looking to seize the next best Hudson opportunity on this showcase parcel. Beyond the house alone, there is great potential to expand as it is a 100'x120' triple lot, unique on Warren Street. Known as the Folger Mansion, 824 Warren is an iconic, standout structure in the Hudson Historic District that anxiously awaits its next chapter. Once the home of Frederick Folger, a businessman and influential Hudsonian, this 1840 Greek Revival house claims a prominent position on upper Warren with its commanding two-story portico on a triple parcel wide lot and must experienced from its grand interior spaces. The ground floor features a broad entry hall with a mahogany staircase, double parlors each with a fireplace, a library, kitchen, and a bathroom. Original doors, hardware, windows, mantels, and architectural trim survive and have been carefully renewed. The second floor has two large bedrooms with fireplaces, two smaller bedrooms and two bathrooms. The third floor, former servant's quarters, contain four rooms. An attached duplex rental apartment, a later addition to the house, contains a Living Room, eat-in kitchen, two bedrooms and a full bath. The ground floor of this annex could easily serve as a retail or office space as its entrance fronts towards Warren Street. The large yard contains mature trees and a detached 3 car garage. Enjoy the shops, art galleries, restaurants and all Hudson has to offer. Convenient to Amtrak station nearby.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $740,000 | $740,000 | $740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,520 | $1,520 | $1,520 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,202 | $4,437 | $6,245 |
| Total Monthly Payment | $5,814 | $6,049 | $7,857 |
* 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.