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16 Arbor Trail, Monroe (Blooming Grove), NY, 10950 | $225,000
Escape to Schunemunk Mountain living at this 2-bed, 1-bath bungalow offering one of the most private properties in Mountain Lodge Park with . 73 of an acre of idyllic land & a second usable structure! Entering through the kitchen, you're greeted with airiness as it opens into the living area with its high ceiling. Bedrooms are situated off the living area and the 2nd bedroom has steps up to a loft. Continuing through, you'll find a spacious enclosed porch to enjoy or you have the deck off the kitchen. The basement is a staircase down where you'll find your washer, dryer and room for storage, and an additional space that has great transformational potential with access to the backyard. This home's true rustic form is sure to give you your own cozy, personal retreat that you get to call home. BUT THERE'S MORE! You can cross 1 of 2 cute miniature bridges and pass through an archway to the second structure. The second structure welcomes you into an open space of 268 sqft that the current owner once used as an art studio, but may be reinvented into whatever you want! It will be connected to electricity August 2024 and can be connected to water, but currently isn't. There are 2 wells on the property, providing an additional water source to use for backup and allows for the connection to the second structure. SELLING AS-IS.
Features
- Town: Monroe
- Rooms: 5
- Bedrooms: 2
- Baths: 1 full
- Style: Cottage, Bungalow
- Year Built: 1933
- Heating: Oil, Forced Air
- Cooling: Central Air
- Basement: Partial, Unfinished, Walk-Out Access
- Approx Sq. Feet: 807
- Acreage: 0.73
- Est. Taxes: $5,304
- Lot Desc: Part Wooded, Private
- Elem. School: Round Hill Elementary School
- Middle School: Washingtonville Middle School
- High School: Washingtonville Senior High School
- School District: Washingtonville
- Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
- MLS#: H6310637
- Days on Market: 115 days
- Website: https://www.raveis.com
/prop/H6310637/16arbortrail_monroe_ny?source=qrflyer
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888.699.8876
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
16 Arbor Trail, Monroe (Blooming Grove), NY, 10950
$225,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
| Monthly Tax Payment | $442 | $442 | $442 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,123 | $1,094 | $1,422 |
| Total Monthly Payment | $1,640 | $1,611 | $1,939 |
* 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