Invest in Leisure! Whether you are looking for a luxury log cabin retreat as your personal escape from city life or to add a well-established Airbnb to your existing investment portfolio in the thriving resort community of Hunter, NY, this lakefront property is a must see! Set on the shores of the lake and with a spectacular 4, 552 sqft layout, you'll enjoy all the space, comfort and privacy you could need. The first floor is set under a dramatic vaulted and beamed ceiling with the living room, dining area and kitchen warmed by a stone fireplace. Walls of windows frame views of the lake and mountains and there is also a wrap-around deck, a patio, fire pit and hot tub for ultimate relaxation. There are two bedrooms and two full baths on this level while upstairs, the plush owner's suite awaits with an ensuite for added comfort. The fourth bedroom also enjoys a private bath and there is a large loft that can be used as a peaceful reading nook, an office space or a sleeping area. The layout continues to the spacious and bright walk-out basement featuring a luxurious two-bedroom apartment complete with a sauna and private entrance. Additional features include Energy-efficient radiant heat w/20 zones, hot water on demand and insulated foundation. This upstate retreat is selling fully furnished and is ready to be enjoyed as your personal escape or continued use as an income generating cash cow/vacation rental with incredible rental history!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,690,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $1,352,000 | $1,352,000 | $1,352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,215 | $8,882 | $11,870 |
Total Monthly Payment | $8,340 | $9,007 | $11,995 |
* 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.