57 N Chestnut Street, New Paltz
Incredible potential here at this Village of New Paltz mixed use building. In a prime location with high visibility for a business and a turn-key rental market, this building was once an operational insurance agency, which is now vacant. The ground-floor commercial space is ideal for a business owner, or an investor, with additional residential rental income in the two additional legal apartments. In addition to the main level commercial office space, there is a rented studio apartment with kitchen and private bathroom. The second level is a three bedroom apartment with a private kitchen and bathroom. There is ample parking in the rear of the property for both patrons and tenants. This is a rare opportunity to purchase a prime piece of real estate in the thriving New Paltz economy.
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.