18 Oak Terrace, Suffern (Ramapo), NY, 10901 | $525,000

Nestled on a quiet tree lined street in the desirable Village of Suffern, this beautifully maintained home has so much to offer! With 1600 square feet of living space, which includes the finished lower level, this 3 bedroom ranch style home is move in ready. Featuring a neutral palette, the home's open floor plan has a spacious living room with hardwood floors, a beautiful fireplace with light brick mantel and moldings throughout, which add a beautiful design element. The living room's wall of windows brings in so much natural light. The formal dining room leads into the renovated eat-in kitchen that boasts white cabinetry, a center island, stainless appliances, tiled backsplash and ample counter space. The bedrooms are spacious and the large bathroom has been renovated. The finished lower level has a large family room, an office area and laundry room. The notable features of the home continue as you walk-out to the spacious deck, where you can relax under the deck's awning or enjoy summer and fall evenings on the new paver patio with fire-pit. The backyard is adorned with perennials and privacy trees and there is a separate dog pen area. The home has new central air, new windows, a young roof, maintenance free vinyl siding, young hot water heater, new Bosch dishwasher, new washing machine and a stand-up attic. The detached garage has a young electric door and a tremendous driveway, offering ample parking. Take advantage of all that Suffern has to offer with great restaurants, shops, and the landmark Lafayette movie theater. Go hiking at the nearby State parks or play a round of golf at the award winning Spook Rock Golf Course. Great commuter location to NJ/NYC. Located in the award winning Suffern schools. Inventory is still so low Grab this opportunity because it won't last! Taxes with basic Star are $12, 767.

Features

  • Town: Suffern
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: In Unit
  • Style: Ranch
  • Year Built: 1937
  • Garage: 1-car Detached
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 1,110
  • Acreage: 0.15
  • Est. Taxes: $13,949
  • Lot Desc: Level, Near Public Transit
  • Elem. School: Richard P Connor Elementary School
  • Middle School: Suffern Middle School
  • High School: Suffern Senior High School
  • School District: Ramapo-suffern
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: H6296689
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/H6296689/18oakterrace_suffern_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Realty   Phone: 845-634-0400

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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
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Our Insurance Division:

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18 Oak Terrace, Suffern (Ramapo), NY, 10901

$525,000

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 $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $1,162 $1,162 $1,162
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,830 $2,791 $3,601
Total Monthly Payment $4,084 $4,045 $4,855

* 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.