3 Beds
2 Baths
1,344 SqFt
3 Beds
2 Baths
1,344 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $286
MLS Listing ID 1050828
Style Cape Cod
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Rental Info No
Year Built 1950
Annual Tax Amount $7,087
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50x178
Property Sub-Type Single Family Residence
Source onekey2
Property Description
* - The seller is offering a $10,000 price reduction alongside a temporary interest rate buy-down promotion. This offer lowers your effective interest rate to 6% for the first two years, giving market rates time to decrease from their recent peak above 7%.
With a full-price offer and a standard 20% down payment, the owner will deposit funds into an escrow account at closing to subsidize your monthly payments for the first 24 months.
For example, on a $384,000 purchase price with 20% down:
- Current Rate (7.375%): ~$2,958.16/month (including taxes and insurance)
- Effective Rate (6.000%): ~$2,675.53/month ( your Net Cost after Escrowed Buy Down )
- Owner Credit: The seller will escrow the $282.63 monthly difference for two years, providing you with the equivalent of a 6% mortgage rate while you build equity.
This presents a creative opportunity to purchase now rather than waiting out interest rate fluctuations.
Please reach out if you would like to review the figures for your specific situation or if you have any questions. Let's work together to End Run the FED and Create a WIN-WIN !!!
Location
State NY
County Dutchess County
Rooms
Basement Full
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Low Flow Plumbing Fixtures, Open Floorplan, Open Kitchen, Primary Bathroom, Master Downstairs, Smart Thermostat
Heating Forced Air
Cooling Central Air, ENERGY STAR Qualified Equipment, Electric
Flooring Ceramic Tile, Hardwood, Combination
Fireplaces Number 1
Fireplace Yes
Appliance Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Refrigerator, Range, Stainless Steel Appliance(s), Tankless Water Heater, Indirect Water Heater, Geothermal Water Heater
Laundry Electric Dryer Hookup, In Basement, Multiple Locations, Laundry Room, Washer Hookup
Exterior
Exterior Feature Mailbox, Lighting, Rain Gutters
Parking Features Off Street
Fence Back Yard, Wood, Perimeter, Fenced
Utilities Available Trash Collection Public
View City, Neighborhood
Total Parking Spaces 3
Garage false
Private Pool No
Building
Lot Description Back Yard, City Lot, Cleared, Interior Lot, Landscaped, Level, Near Public Transit, Private
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Structure Type Aluminum Siding
Schools
Elementary Schools G W Krieger School
Middle Schools Poughkeepsie Middle School
High Schools Poughkeepsie City
School District Poughkeepsie City
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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