547 Fostertown Road, Newburgh, NY, 12550 | $407,000
Original owner has treasured this home for 45 years but it is time for someone new to make memories - and to start planning the parties! This house was built for entertaining - both inside and out! Find the perfect combination of privacy, size and a peaceful setting as this raised ranch is set back off the road and sits pretty on a large . 67 acre lot. Curb appeal is noted from the moment you arrive with elegant stone work and paver walkway leading you inside to find nearly 2000 square feet of living space. Open kitchen has been beautifully renovated with rich wood cabinets, granite countertops, gas cooktop and sleek tile backsplash. Enjoy dining or serving at the peninsula or at the buffet opening to the light filled living room. Three bedrooms round out the main floor and primary bedroom opens to updated hall bath for an en suite feel. Find flexibility to suit your needs on the lower level complete with family room with custom built bar. Fourth bedroom is ideally situated for guests or home office with full bath with stall shower just outside the door. There is no shortage of "wow" when you step outside onto the HUGE paver patio to find another party bar and an oversized deck. Backyard is uniquely private and backs to stone wall for plenty of room to roam. Outstanding commuter location in the town of Newburgh just minutes to highway, shopping, area attractions, restaurants and so much more.
Features
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full
- Laundry: In Unit
- Style: Raised Ranch
- Year Built: 1979
- Heating: Oil, Baseboard
- Cooling: Ductless, Window Unit(s)
- Basement: Finished, Walk-Out Access
- Approx Sq. Feet: 1,968
- Acreage: 0.67
- Est. Taxes: $5,599
- Lot Desc: Level, Stone/Brick Wall, Private
- Elem. School: Magnet Sch of Math Science & Design
- High School: Newburgh Free Academy
- School District: Newburgh
- Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Oven, Washer
- MLS#: H6317274
- Days on Market: 20 days
- Website: https://www.raveis.com
/prop/H6317274/547fostertownroad_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.
Customer Service
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
547 Fostertown Road, Newburgh, NY, 12550
$407,000
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 | $325,600 | $325,600 | $325,600 |
| 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 | $467 | $467 | $467 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,166 | $2,164 | $2,792 |
| Total Monthly Payment | $2,708 | $2,706 | $3,334 |
* 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