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This one of a kind Cobblestone Craftsman inspired home is set on 1. 40 acre and is carved into a 1700's sandstone quarry. Originally known as Willow Knoll it was built for James Ellicot, the inventor of the air brake as a summer residence. This exceptional estate consists of both a main house plus a 1000 sf guest house. Boasting expansive river views, pastoral gardens and extensive stonework the property exudes a peaceful feeling - a retreat from the hustle and bustle of life. Both homes feature extensive and original details including hand hewn benches, moldings, stone fireplaces, and surprise built ins and cubbies. The extra wide wrap around porch with its grand arches was crafted to present the river views as if in a Hudson Valley water color painting, and is perfect for staying cool on a hot summer day. The floor plan is open with generously sized rooms, high ceilings, beautiful wood floors, and antique glass. The Chef's kitchen with its commercial grade stove, and thick marble counters opens onto the perfect breakfast room and butlers pantry with a great open gas fireplace. The primary bedroom is ensuite and features a round window alcove which perfectly frames the river below as well as a domed ceiling. The sweetest guest house has been home to a variety of writers and actors including Game of Thrones Peter Dinklage. The guest house is perfect for artists, writers, yoga or extra income. Equidistant to the Villages of Nyack and Piermont.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $2,917 | $2,917 | $2,917 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,567 | $8,085 | $10,968 |
Total Monthly Payment | $10,609 | $11,127 | $14,010 |
* 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.