ATTENTION INVESTORS, AND CONTRACTORS: Upscale renovation in progress. Two separate houses included. New stone patio, blue tread on steps and stone walkways. Two new septic systems, most of the landscaping, new roofs, siding windows and doors. The Main House has the hardwood floors installed, custom window and door trim (either installed or ready to be), a potential first floor bedroom and an atrium off the living room, 2 full baths - one on each floor, installed custom staircase, 2 bedrooms upstairs, in addition to a wide hallway and a laundry room. It also has a new natural gas furnace. Beyond what you can see, most of the materials for the completion, including refrigerator, range, washer and dryer are included. The main exceptions being the kitchen cabinets, sinks, toilets, garage doors and the property needs a new WELL. The second house (cottage) also has custom window and door trim available, hardwood floors, a sun room, kitchen/living room area, 1 bath and 2 bedrooms. The cottage is equipped with a new HVAC split heating and air conditioning system. Also includes attic opening (for pull down stairs) with blown-in insulation. In addition, all new windows, siding and roof. Completion materials are mostly there, including Trex for the deck. Cottage needs kitchen cabinets, sinks, toilet and the shower to be completed. A closet area needs to be constructed for the included stacker washer and dryer. No access to garages. This is a hidden gem. Don't miss this opportunity. ATTENTION INVESTORS, AND CONTRACTORS: Upscale renovation in progress. Two separate houses included. New stone patio, blue tread on steps and stone walkways. Two new septic systems, most of the landscaping, new roofs, siding windows and doors. The Main House has the hardwood floors installed, custom window and door trim (either installed or ready to be), a potential first floor bedroom and an atrium off the living room, 2 full baths - one on each floor, installed custom staircase, 2 bedrooms upstairs, in addition to a wide hallway and a laundry room. It also has a new natural gas furnace. Beyond what you can see, most of the materials for the completion, including refrigerator, range, washer and dryer are included. The main exceptions being the kitchen cabinets, sinks, toilets, garage doors and the property needs a new well. The second house (cottage) also has custom window and door trim available, hardwood floors, a sun room, kitchen/living room area, 1 bath and 2 bedrooms. The cottage is equipped with a new HVAC split heating and air conditioning system. Also includes attic opening (for pull down stairs) with blown-in insulation. In addition, all new windows, siding and roof. Completion materials are mostly there, including Trex for the deck. The cottage needs kitchen cabinets, sinks, toilet and the shower to be completed. The cottage also needs a closet area to be constructed for the stacker washer and dryer included. Refrigerator and range is included for this kitchen as well. No current access to the garage areas but will be for serious buyers. This is a hidden gem just waiting for the right person to finish this project and reap the benefits. Don't miss out, this opportunity will not last long!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
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 | $526 | $526 | $526 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $3,129 | $3,127 | $3,806 |
* 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.