Listing Provided by Teso Realty Corp
128 Center, Ellenville
Excellent investment opportunity with 8% cap rate. Well maintained three family house in Ellenville Village. Off street parking for tenants, walking distance to school, shopping and restaurants. All apartments were fully renovated four years ago including replacement of most of the windows. Electrical system was updated two years ago. Both one-bedroom apartments downstairs have electric baseboard heat paid by the tenants. Large 2bdr upstairs apartment has baseboard oil heat paid by the owner. The boiler also heats water for all apartments. Each tenant pays for his electric. Municipal water/sewer and garbage is paid by the owner. All rents are paid up to date.
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.