Home of many fond memories and a canvas for your dream to come true! Re-invent Turner's Farm sited on 7. 6 +/- pastoral acres including a pond, woodlands and sweeping meadows. The over 150 acre parcel is in process of being subdivided into 4 parcels, thereof three with existing dwellings. 130 acres are presently in the 480a state forest conservation program. Going forward the plan for the remaining 130+ acres is to protect it from development. The land conservancy easement will also include the stretch across the street with the pristine Peter's Kill traversing. The farm house was converted into a two family dwelling. The property is in need of a complete rehab, featuring original hardwood floors and an abundance of old-world charm. On the walkout lower level, there are two additional rooms that were used as living space, and a hidden root cellar that could be a great wine cellar or a cheese cave! Take a stroll to the pond and explore this diverse nature sanctuary. A short walk from an amazing swimming hole and only a few minutes' drive to the historic hamlet of Accord. Close to Mohonk Preserve and Minnewaska State Park, Arrowood Brewery and Westwind Orchards, Harana Market, Skate Time, Saunderskill and Kelder's Farms, CSAs and farm stands, and all the goodness the Rondout Valley has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,601 | $3,340 |
Total Monthly Payment | $2,743 | $2,676 | $3,415 |
* 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.