This spectacular approved subdivision consists of 63 mostly five-acre lots. 12 lakefront lots, 14 riverfront lots and 40 wooded lots. This subdivision is ready for building immediately. The land is located in the Town Of Bethel on Sullivan County's largest boating lake, the nine mile long Swinging Bridge Reservoir. This phenomenal piece of property borders the world-renowned Chapin Estates to the south and the very popular community of Smallwood to the North and West. If you are a developer looking to build a world class Resort or you are just looking for one of the nicest pieces of real estate in the Catskills now is your chance. You will be near all the great attractions the area has to offer including The Resorts World Catskills Casino, The Yo1 Health & Wellness Center and Yoga Retreat, The Monticello Motor club, Bethel Woods Center For The Arts AKA Woodstock, For directions do a Google search for Whispering Woods Dr, Mongaup Valley Bethel NY 12762.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,435 | $14,772 | $19,923 |
Total Monthly Payment | $13,560 | $14,897 | $20,048 |
* 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.