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Presented by![]() Monica Smith |
Searching for a serene and quaint family town to establish a residence while generating rental income? This exquisite ranch features a rental accessory apartment , exclusive rights to a private lake situated adjacent to Kirk Lake and a community park. Mahopac Lake and the vibrant town center, replete with shops, stores, and restaurants, are approximately one mile away. This appealing three-bedroom, one-bathroom residence features a living room, equipped with a fireplace, providing warmth on chilly evenings. Air conditioning units and ceiling fans throughout offer comfort during warmer months. The open kitchen boasts granite countertops, sliding glass doors that lead to a brick patio and a spacious backyard, with all kitchen appliances—including a refrigerator, electric stove, microwave, and dishwasher—being approximately year and half old. The full bathroom has been newly updated, and hardwood floors extend throughout the home. The master bedroom measures approximately 9'2" x 15"feet and includes a walk-in closet as well as access to the hall bathroom. The second and third bedrooms measure approximately 11'4 x 8'4" & 10'9" x8' 4" feet. The property encompasses 0. 18 acres of fenced, flat land and provides two parking spaces for the main house and two parking spots for the accessory unit. Additionally, this inviting residence features a private entrance to a one-bedroom accessory apartment equipped with all new appliances, a newly updated bathroom, hardwood floors, a wall-mounted air conditioning unit, designated parking spaces, and a side yard for use. The property includes two separate hot water tanks and electrical service boxes, along with an above-ground oil tank and a resealed furnace chimney. A new roof has been installed down to the studs, completed in May 2024. The town of Mahopac offers delightful summer activities on the lake, including boating, canoeing, jet skiing, and swimming, accompanied by live music. Kirk Lake boasts a community park that features a spectacular Fourth of July celebration, while the fall season is marked by an apple festival serving hot cider and opportunities for ice skating on the lakes during winter. Located only 52 minutes from Manhattan, this charming home, complete with an array of amenities, merits your consideration.
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$559,000
Sales Associate
William Raveis Real Estate
Phone: 617.974.7020
Monica.Smith@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $447,200 | $447,200 | $447,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $855 | $855 | $855 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,827 | $2,975 | $3,774 |
Total Monthly Payment | $3,774 | $3,922 | $4,721 |
* 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.