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Welcome to 16 Lancaster Drive, a captivating colonial home in the heart of Suffern, New York! This impressive 4-bedroom, 2. 5-bathroom home offers a generous 2, 600+ sq. ft. of living space, with an additional 800+ sq. ft. unfinished basement, waiting for your personal touch. The main floor features gleaming hardwood floors throughout, a cozy family room with a fireplace, and a spacious formal dining room, perfect for hosting family dinners and entertaining guests. The island kitchen, with its charming dinette area, is the perfect space for cooking and gathering. Upstairs, you'll find the spacious master suite with its own fireplace and luxurious ensuite bath. Along with the master, the second level boasts three enormous bedrooms, each featuring large closets and a shared full bathroom, offering plenty of space for family or guests. Step outside onto the expansive deck—ideal for relaxing, entertaining, or enjoying those summer evenings. This home also features a flat property with a turn-around driveway, a 2-car garage, and a convenient laundry in the mudroom. Located in one of Suffern's most desirable neighborhoods, close to parks, shopping, and transport, this home offers the perfect blend of modern living and classic charm. Don't wait—this home won’t last long! Schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$920,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $736,000 | $736,000 | $736,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $1,804 | $1,804 | $1,804 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,179 | $4,713 | $6,211 |
Total Monthly Payment | $6,075 | $6,609 | $8,107 |
* 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.