Rare opportunity to own a small apartment building in South Orangetown.Great cap rate building well maintained in good condition Upgrades include heating system upgraded 3 years ago the exterior painted 2 years ago. Last year one apartment completely renovated.All 4 apartments in very good condition All tenants pay their own utilities.Investment property or live in one apartment and rent the other 3 . Plenty of parking.Two blocks to downtown Sparkill shops and NYC transportation.St Thomas College in walking distance.Close to New Jersey border and 22 miles to Manhattan.Limited showing schedule. BuildingAreaSource: Public Records, ConstructionDescription: Stucco, PropertySubType: Quadruplex,
Heating:
Natural Gas, Baseboard, Hot Water
Basement:
Unfinished, Walk-Out Access
Parking:
11-car, Parking Lot
Elementary School:
William O Schaefer Elementary School
Middle School:
South Orangetown Middle School
High School:
Tappan Zee High School
School District:
South Orangetown
341 Route 340, Sparkill, (Orangetown), NY, 10976
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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