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21 Korosko Farm Road, Newburgh, NY, 12550 | $689,000
So close to everything yet so secluded. Privacy abounds with this perfect commuter location home. Minutes to shopping, restaurants, schools, Metro North train, and all major highways. Nearby recreational sights include Newburgh waterfront, West Point, Beacon, New Paltz, Storm King, Bear Mountain and wide variety of hiking trails. This historic 1880 horse stable purchased in 1986 by current owners saw several major additions/renovations and updates. The original renovation included master bedroom, kitchen, full bath and laundry. A 24' x 24' two story addition with full basement, large great room with masonry wood burning fireplace with ash pit and barn beam mantle, 2 bedrooms, and a full bathroom was completed in 1990. The 2001 renovation added a 60' x 20' second story to original barn and includes a family room/playroom with ample storage, primary bedroom suite with full bathroom and large custom walk-in closet, a large study/office, and a full attic. A new custom gourmet eat-in kitchen with solid maple Crown Point cabinetry, Vermont soapstone farm sink, honed granite countertops, stainless appliances, and large butcher block center island. Original electrical and heating systems were upgraded to include 220 AMPs, 4 zone heating, and new water tank. Most recent upgrades (2023-2024) include: refinished wide plank floors on all three levels; new tile, vanities and toilets in all bathrooms; new refrigerator, dishwasher, built-in microwave, washer/dryer; and interior painting throughout. Original bedroom downstairs converted to home office making 2 designated office spaces in total. Original barn features were retained in both renovations and include relocation of stable doors and professional faux plaster walls in great room. For a more detailed list of renovations please see documents! Outside features include mature landscaping with perennial plantings, and a very private 36' x 18' pool with deep end surrounded by large trex deck. Plenty of room for your family and guests! Must see to truly appreciate and understand the details of this special home!
Features
- Rooms: 11
- Bedrooms: 3
- Baths: 3 full / 1 half
- Laundry: In Unit
- Style: Colonial, Converted Barn
- Year Built: 1880
- Heating: Oil, Baseboard, Hot Water
- Cooling: Window Unit(s)
- Basement: Bilco Door(s), Partial, None, Walk-Out Access
- Approx Sq. Feet: 3,432
- Acreage: 1.3
- Est. Taxes: $13,765
- Lot Desc: Level, Sloped, Stone/Brick Wall, Wooded, Near Public Transit, Cul-De-Sec, Private
- Elem. School: Magnet Sch of Math Science & Design
- High School: Newburgh Free Academy
- School District: Newburgh
- Pool: Above Ground
- Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Purifier Owned, Stainless Steel Appliance(s)
- MLS#: H6310448
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/H6310448/21koroskofarmroad_newburgh_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.
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888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
21 Korosko Farm Road, Newburgh, NY, 12550
$689,000
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 | $551,200 | $551,200 | $551,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
| Monthly Tax Payment | $1,147 | $1,147 | $1,147 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,714 | $3,714 | $4,764 |
| Total Monthly Payment | $4,953 | $4,953 | $6,003 |
* 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