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Situated in the Town of Newburgh, this 2-bedroom, 1-bath ranch offers 904 square feet of living space on a 0. 27-acre lot, blending classic character with practical updates. Buyers searching for a home with an updated kitchen, hardwood floors, fireplace, attached garage, leased solar panels/generator hookup, and outdoor entertaining space will appreciate the functionality and value this property provides. The bright living room features original hardwood flooring and a fireplace, creating a welcoming space for everyday living. Updated windows, approximately two years old, bring in natural light while contributing to improved energy efficiency. The kitchen, updated approximately 10 years ago, features granite countertops, stainless steel appliances, ample cabinetry, and space for casual dining. Two comfortable bedrooms and a full bath complete the main level, while the unfinished basement with an attached one-car garage offers excellent storage, workshop potential, or future expansion opportunities. Outside, enjoy a spacious rear deck that's ideal for outdoor dining, grilling, or relaxing, along with a shed for additional storage and a paved driveway with ample parking. Conveniently located near shopping, restaurants, schools, parks, major highways including I-84 and I-87, and Stewart International Airport, this property also provides easy access to the Beacon Metro-North Station and Newburgh-Beacon Ferry, making commuting into the Hudson Valley and New York City more convenient. Buyers and investors looking for a Newburgh ranch with an updated kitchen, hardwood floors, outdoor living space, and convenient commuter access will appreciate the value and potential this Orange County property has to offer.
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Our Executive Mortgage Banker:
$250,000
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
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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 | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $275 | $275 | $275 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,215 | $1,263 | $1,661 |
| Total Monthly Payment | $1,565 | $1,613 | $2,011 |
* 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.