7 Maiden Lane, Ellenville
Excellent Investment!!!! Cap Rate 10%! Conveniently located in middle of village within walking distance to school, shopping and restaurants. Large duplex apartments that have been well maintained and are fully rented. Each apartment has its own basement with washer/dryer hook up and separate furnace room. Kitchen, Living room and half bath located on 1st floor, bedroom(s) and full bath located on second floor. Black top driveway with plenty of parking spaces, large backyard that tenants can use for children's play area, BBQ, etc.... . Tenants pay all utilities (heat, electric & water), Owner pays - taxes, insurance, garbage, lawn maintenance and snow plowing/removal.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.