The long and winding driveway leads down to complete privacy with very dramatic and scenic views for your new home. The entrance from Plank Road invites you into your private lakefront hideaway. This unique 5 acre cleared peninsula boasts two water fronts, one on each side. McCauley's Lake on one side and a large private pond on the other. Excavated then paved by hand with stone, three twenty foot wide patio steps take you to the water's edge where nature created a vision from a fairy tale. The property includes survey, septic and foundation plans, ready to build the secluded lakefront home of your dreams. A proposed house plan is also included with a cottage style storage shed to provide inspiration or a perfect place to camp while contemplating life in this perfect location. Ready to build with preparatory steps underway. A value in any market, this parcel will prove to be an excellent investment for the right owner. Distances are enough to hunt on your own property or go fishing. Minutes to fine dining, Bethel Woods Performing Arts Center, Resort World Catskill Casino, Kartrite Resort and Waterpark and the Delaware River. Just 94 Miles from NYC via the easy, scenic Palisades Parkway!
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,500
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 | $183,600 | $183,600 | $183,600 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,222 | $1,220 | $1,574 |
Total Monthly Payment | $1,297 | $1,295 | $1,649 |
* 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.