New to the market...The Hamlet Inn at Warwick is for sale...18 room busy motel in the eclectic Village of Warwick...only one of its kind...don't miss out on this fabulous investment opportunity in an area that has been a mecca for summer, fall and winter vacationers providing many events to include live music concerts also featuring arts and entertainment at popular performance venues, wineries, shopping, farm markets as well as Octoberfest, skiing and snow boarding in fall and winter. This property includes 1 triple king suite, 3 double suites, 13 single suites (one of which is handicap equipped and one pet friendly) one manager's studio apartment and a lovely two family residence, both 2 bedroom, 2 baths each unit with projected $4400 monthly income.
1 Overlook Drive, Warwick, NY, 10990
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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