The options are endless for this very special 120-acre property on a spectacular country road in beautiful Ancramdale, NY. The property, which has been a family compound for multiple generations, begins with a very long private driveway that leads to the original 1850's farmhouse and guest cottage overlooking a gorgeous 4+ acre pond. As you continue down the driveway, past lovely rolling hills, an old swimming pool & tennis court, a summer cottage and a couple of other outbuildings, the property goes up a hill to two additional residences built in 1970 and 2000, with stunning views of the mountains and exquisite surrounding farmland. This fabulous property is waiting for new owners to make a new family compound. With the exception of the house built in 2000, the others all need to be torn down or completely re-built (all the infrastructure is in place such as driveway, electric, septics, wells), so it is a question of building, but not putting in infrastructure. Conveniently located to all that the Hudson Valley has to offer, less than 10 minutes to Millerton and Pine Plains, less than 30 minutes to Rhinebeck, Hudson and Millbrook and just 2 hours to Manhattan. Bring your imagination, wonderful properties that offer this level of privacy and views extremely rare. , Other School: DUTCHESS DAY, OTHERROOMS: Office/Computer Room, Library/Study, Great Room, Laundry/Util. Room, Rec/Play Room, Family Room, InteriorFeatures: Electric Dryer Connection, Walk-In Closets, Sliding Glass Doors, Gas Stove Connection, Basement: Interior Access, Garage Access, FLOORING: Wood, Ceramic Tile, AboveGrade: 4144, ROOF: Metal, EQUIPMENT: Carbon Monoxide Detector, Smoke Detectors, Cooling: Ceiling Fan, Below Grnd Sq Feet: 300, FOUNDATION: Concrete
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$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,120 | $2,120 | $2,120 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,356 | $12,477 | $16,742 |
Total Monthly Payment | $13,601 | $14,722 | $18,987 |
* 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.