Town of Montgomery in Valley Central School District. . . New construction approximately 2976' sq. ft. modular home on beautiful lot to be built in 2024-2025. Located in a spacious, convenient & easily accessible subdivision of 9 homes in total, 7 of them already built one sold & 2 under contract which is on a dedicated municipal road w/spacious lot of 0. 96 acres. Beautiful private cul-de-sac w/natural level green landscaping in this beautiful part of the Hudson Valley. 4 bedrooms, 2. 5 bathroom colonial style home, 2 car garage, spacious kitchen, laundry room, living room, dining room, master bedroom w/walk-in closet, master bathroom w/soaking tub, separate tiled shower & double sinks. Two unit c/air. Walk-out unfinished basement w/some egress windows . Ceiling fans throughout & c/air. Paved driveway, concrete walkways and automatic garage openers included in the purchase price. Enjoy country living w/just a short 5 min. drive to downtown village of Montgomery, I-84 & 20 minute drive to Newburgh Beacon bridge to Metro N train station. Approx. 45 min. drive to West Point, Gardiner and most Mid/Hudson Valley colleges. Enjoy one of the most beautiful parts of county with natural beauty, filled with American history and all year around four seasons of activities. Just an hour commuting to New York City.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,721 | $4,722 |
Total Monthly Payment | $3,817 | $3,813 | $4,814 |
* 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.