Wonderful opportunity to own a multifamily house. Great for investors or Owner occupied. Tarrytown is such a picturesque village! A 3-family house there is like hitting the real estate jackpot. The fact that it's within walking distance to the metro north adds a whole new level of convenience, making it easy for residents to explore the city or simply enjoy the village's vibrant atmosphere. With its proximity to shops, theaters, restaurants, and parks, it's not just a home; it's a lifestyle. The village itself offers the charm of river town walks and biking, providing a perfect blend of relaxation and recreation right at your doorstep. This property is a dream for both investors and those looking to live there. The idea of having the other two units contribute to the mortgage while you enjoy the benefits of homeownership is a savvy move. It's like having your cake and eating it too! Sure, it needs a bit of TLC, but that's an opportunity in disguise. It gives you the chance to infuse your personality into the property and make it uniquely yours. It's not just a house; it's a canvas waiting for your creative touch. All in all, it sounds like a fantastic opportunity in a vibrant village your own little piece of Tarrytown magic!
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,798 | $1,798 | $1,798 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $6,143 | $6,138 | $7,371 |
* 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.