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Investor Special Near Trout River - 3-Bedroom Fixer-Upper with Huge Potential!
Opportunity knocks! This 1, 688 sq ft property near the serene Trout River is the perfect investment for savvy buyers looking to bring a little TLC and vision to a home with serious potential. Featuring 3 bedrooms, 2 bathrooms, and a spacious layout, this fixer-upper is ready to be transformed into a true gem.
The home sits on a generous lot with ample yard space—ideal for future landscaping, outdoor living areas, or potential value-add improvements. Inside, you'll find a solid structure with great bones, just waiting for updates and personal touches to bring it to life.
Whether you're looking to flip, rent, or renovate for long-term equity, this is your chance to invest in a growing area near one of the city's peaceful natural getaways. Conveniently located near local amenities, parks, and the river, this property offers a blend of location and potential that investors dream of.
Don't miss out!
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Our Executive Mortgage Banker:
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$69,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $55,920 | $55,920 | $55,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $353 | $367 | $468 |
Total Monthly Payment | $634 | $648 | $749 |
* 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.