Down a private lane off a country road, 5 minutes to the Catskill mountains, a circular driveway leads to a stately home on 1. 7 acres of lush lawns and surrounding woods. Built in 2006 and renovated in 2021 with a relaxed, contemporary flair, it features 3 bedrooms and 2 baths on the second floor that include a super spacious primary ensuite bedroom, plus a den/4th bedroom with full bath on the main floor. The minimalist, streamlined eat-in kitchen with breakfast bar/island and lounging space is a delight. A formal dining room accommodates large family gatherings and dinner parties. A nearby game room/exercise space/library is an unexpected bonus in this casual layout. The living room and kitchen doors lead to an expansive deck with a hot tub that overlooks the back yard greenery and woods, a firepit and a large, fenced dog park for your critters or a safe play space for the kids. A dedicated laundry room near the kitchen is super convenient and a full, dry basement offers expansion options. A separate 3-car garage provides endless storage or conversion options for a studio for artistic pursuits, exercise, playhouse - you name it. The roof's 21 solar panels are owned, an electric battery charger acts like a generator and there's an electric car charger too! A transferrable Airbnb short term rental permit issued by the town of Saugerties is included in the sale. The house is also offered as a turnkey, fully furnished package, right down to the linens and silverware - the Peloton, hand weights and Foosball table in the entertainment/exercise room, all the outdoor furniture and even the basketball hoop in the driveway! An 80K rental income potential has been estimated by the management company who stands ready to resume booking/cleaning services. Minutes to the quaint villages of Saugerties and Woodstock for art, music, theater, restaurants, antiques. Nearby Palenville offers Kaaterskill Falls and hiking trails, Circle W Caf & General Store, Rip & Wolf Tavern, Rip Van Winkle Brewing Co, Griffin House and Vinnie's farm market. 10 minutes to HITS horse shows, 15 minutes to Hunter Ski Resort and to the village of Catskill. Less than 30 minutes to Kingston.
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Our Executive Mortgage Banker:
Our Insurance Division:
$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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $884 | $884 | $884 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $4,164 | $4,161 | $5,085 |
* 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.