27 Fox Island Road, Port Chester (Rye), NY, 10573 | $649,900
PLEASE READ CAREFULLY. This all stone multi-family property is a great investment. The property features six one-bedroom/one bath units. Municipal records are different from how the property is currently set up/appears. Per municipality: current use: six family residence; currently authorized use: two-family. The house is going to need extensive work either to convert it back to a two-family or to try to obtain approval for more units than that. Put the work in now and start reaping the benefits of a great real estate investment. There is an unfinished basement with utilities, above ground oil tank. There is driveway parking for at least 4 cars. Property to be sold in "as is" condition. Buyer and buyer's agent to complete due diligence before making an offer so they understand the current use and what it will take to convert this property. Please verify all info. Additional Information: Heating Fuel: Oil Above Ground. ONLY ALL CASH OFFERS will be considered. BuildingAreaSource: Other,
Features
- Town: Port Chester
- Units: 6
- Style: Duplex
- Year Built: 1920
- Heating: Oil, Hot Water
- Cooling: None
- Basement: None
- Acreage: 0.12
- Est. Taxes: $22,330
- Elem. School: John F Kennedy Magnet School
- Middle School: Port Chester Middle School
- High School: Port Chester Senior High School
- School District: Port Chester-rye
- MLS#: H6324409
- Days on Market: 95 days
- Website: https://www.raveis.com
/prop/H6324409/27foxislandroad_portchester_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
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
27 Fox Island Road, Port Chester (Rye), NY, 10573
$649,900
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 | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $1,861 | $1,861 | $1,861 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,459 | $3,456 | $4,458 |
| Total Monthly Payment | $5,412 | $5,409 | $6,411 |
* 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