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HAMLET OF WALLKILL! CORNER LOT! For the first time in over 65 years 16 Cottage St and all of its character is being offered for sale. Steeped in nearly a century of history, this 1928 village home has character, craftsmanship, and the opportunity to make it your own. Offering 936 square feet, the home features three bedrooms, including a convenient first-floor bedroom, original spruce wood flooring, exposed beams, rich wood trim, and a wood-burning stove that anchors the living space with warmth and rustic appeal. A bright rear sunroom provides additional living space overlooking the backyard, while the galley kitchen and full basement with laundry offer a practical layout. Set on approximately 0. 27 acres, the property also includes a one-car garage/workshop, carport, rear overhang, and municipal water and sewer. Its original details and solid bones provide an excellent canvas for buyers looking to restore and personalize a home with lasting character. This property requires updating and is being offered as an opportunity for buyers with vision to restore its original character while adding their own personal touches. Municipal water and sewer, oil heat, and a convenient village location complete the package. Conveniently located in the Hamler of Wallkill, close to local shops, parks, and everyday amenities.
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Our Executive Mortgage Banker:
$315,000
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 | $252,000 | $252,000 | $252,000 |
| 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 | $466 | $466 | $466 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,531 | $1,591 | $2,093 |
| Total Monthly Payment | $2,072 | $2,132 | $2,634 |
* 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.