Imagine this: Nestled amidst the picturesque beauty of Ellenville, NY, awaits your sanctuary - a sprawling 3. 1-acre canvas primed to bring your dream home to life. This extraordinary property at Spook Hole Road transcends the ordinary, offering a blank slate brimming with possibilities. The location whispers opportunity: Situated in Ellenville, you'll find yourself mere moments away from the vibrant energy of the town's core. Explore the charming shops, indulge in delectable cuisine, or delve into the rich cultural tapestry that Ellenville offers. For those seeking outdoor adventure, the majesty of the Catskill Mountains awaits, with opportunities for hiking, biking, and nature exploration at your doorstep. But wait, there's more! This exceptional property presents a unique opportunity for expansion. Imagine owning not just your dream home, but a sprawling family compound or an income-generating haven. An adjacent 62-acre parcel (MLS #6311512) boasts two existing homes and a serene pond, perfect for creating a multi-generational retreat or exploring possibilities like an Airbnb venture. Additionally, a separate 1. 3 acres (MLS #6311598) at your disposal, envision a home that seamlessly integrates with the natural splendor surrounding you. Picture expansive windows that usher in the breathtaking scenery, an expansive deck perfect for alfresco gatherings, and ample space to cultivate your own private oasis. While the property whispers of tranquility, it doesn't compromise on comfort. A preexisting well house ensures a readily available water source, laying the groundwork for effortless living. This isn't just a property; it's a foundation for a legacy. Embrace the chance to craft a haven that reflects your style and aspirations. Contact us today and let's turn your dreamscape into a reality. Imagine hosting family gatherings that sprawl across acres of land, creating memories that will last a lifetime. Or, envision a lucrative business venture offering a unique escape nestled in the beauty of the Catskills. The possibilities are endless
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Our Executive Mortgage Banker:
Our Insurance Division:
$50,000
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 | $40,000 | $40,000 | $40,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $273 | $266 | $337 |
Total Monthly Payment | $348 | $341 | $412 |
* 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.