245 Fostertown Road, Newburgh, NY, 12550 | $489,000

Spacious bi-level with an open floor plan and move-in ready. Updated kitchen with cherry cabinets, granite countertops, and stainless appliances. Dining room with access to the rear deck and backyard for entertaining. Spacious living room with lots of natural light. Hardwood floors throughout. Primary bedroom offers an updated full bath. The lower level has a 4th bedroom, large family room, laundry, half bath, and an additional room for entertaining. Large corner lot on . 95 of an acre. One-car garage with a large paved driveway with plenty of parking space. Central air, new water heater, and furnace in 2022. Convenient location for commuters. Close to 84, schools, shopping, restaurants, wineries, breweries, parks and so much more. Appliances: Range BuildingAreaSource: Public Records, ConstructionDescription: Vinyl Siding, Utilities: Propane,

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Single Family, See Remarks, Bi-Level
  • Year Built: 1986
  • Garage: 1-car Detached
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: None
  • Approx Sq. Feet: 2,036
  • Est. Taxes: $8,300
  • Elem. School: Fostertown Etc Magnet School
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Appliances: Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • MLS#: H800228
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/H800228/245fostertownroad_newburgh_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 HomeSmart Homes & Estates   Phone: 845-547-0005

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

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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

245 Fostertown Road, Newburgh, NY, 12550

$489,000

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 $391,200 $391,200 $391,200
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 $692 $692 $692
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,603 $2,600 $3,354
Total Monthly Payment $3,370 $3,367 $4,121

* 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.