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Presented by
Vera Clark |
102 Mill Street, Hancock, NY, 13783 | $179,000
This new multifamily listing features four one-bedroom units. It is located in a desirable neighborhood, making it an excellent investment opportunity for those seeking to expand their real estate portfolio. Numerous updates have been made to this property. Convenient off-street parking, along with one garage and one carport, make it an attractive option for tenants seeking convenience and comfort. Everyone knows that housing is a major factor in building your net worth! This property brings an impressive cap rate, offering the potential for a great return on your investment. With a reliable rental history and high demand in the area, this multifamily property is an excellent opportunity for both experienced & first-time investors. Minimum 24-48 hours' notice to show. Call today to schedule a viewing and take the first step towards securing your financial future with a real estate investment!
Features
- Bedrooms: 4
- Baths: 4 full
- Units: 4
- Style: Two Story
- Year Built: 1929
- Garage: 1-car Detached, 1 Car Detached
- Heating: Natural Gas, Baseboard
- Cooling: None
- Basement: Bilco Door(s), Partial, Unfinished
- Approx Sq. Feet: 1,850
- Acreage: 0.13
- Est. Taxes: $5,616
- Elem. School: Hancock Elementary School
- Middle School: Hancock Junior-Senior Hs
- High School: Hancock Junior-Senior Hs
- School District: Hancock
- MLS#: H6237087
- Days on Market: 433 days
- Website: https://www.raveis.com
/prop/H6237087/102millstreet_hancock_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Vera ClarkSales Associate
203.605.3798
Vera.Clark@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Nico SharpVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 337556
424.356.4321
Nico.Sharp@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
102 Mill Street, Hancock, NY, 13783
$179,000
Vera Clark
Sales Associate
William Raveis Real Estate
Phone: 203.605.3798
Vera.Clark@raveis.com
Nico Sharp
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 424.356.4321
Nico.Sharp@raveis.com
NMLS Mortgage Loan Originator ID 337556
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $143,200 | $143,200 | $143,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
| Monthly Tax Payment | $468 | $468 | $468 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $977 | $952 | $1,208 |
| Total Monthly Payment | $1,520 | $1,495 | $1,751 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535