Classic colonial farmhouse with large barn/garage on a mostly level and landscaped parcel. The mostly open 1. 5 acres has two fenced paddocks, perfect for small animals, gardens or outdoor activities. The residence is split into two spacious 2-bedroom apartments. Unit 1 has the living, dining and kitchen on the main level with two bedrooms and a full bath on the upper level. This charming apartment has exposed beams, open kitchen and dining and a large living room. The kitchen has all of the modern conveniences, including a large pantry. The second apartment has living on one level with an entry with large closet, eat-in kitchen, spacious living room, and down a hallway two bedrooms and a full bath. The primary bedroom is expansive and has two large closets. Each of the units has a dedicated deck/outdoor dining area that overlook the landscape. There is a common laundry area in the basement, and each unit has a 100 amp electric panel. Landlord has a new(er) heating system and oil tank (approx 5 years old). The upper level of the house has expansive "finished storage". The large barn/garage has an oversized parking bay, large workshop area, shed-style storage area to the back and stairs to a storage loft. There is additional storage accessible from the fenced lawn - previously a tack and storage area. Low rents - great value-add investment potential . . . or live in one and rent the other! Arlington Central School District
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $747 | $747 | $747 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $3,217 | $3,215 | $3,858 |
* 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.