A rare opportunity to purchase a magnificently situated 36. 5 acre estate, one hour drive from Manhattan in the beautiful, historic and prestigious gated community of Tuxedo Park, NY. Stunning planned gardens, stone walls, gorgeous paths, inviting lawns, mature trees, and wild woodlands surround this special contemporary styled home. The exquisite setting provides privacy and serenity and the home design welcomes nature inside and out with dramatic architectural windows, and a beautiful mix of stone and wood throughout the interior and exterior spaces. The home provides one level living with vaulted ceilings in nearly every room. Many of the rooms have direct access to various patios and perennial gardens. The large great room with three French doors to the main lawn is ideal for entertaining or the addition of a pool. The home is currently designed with Three bedrooms and Five Full and Two-Half Baths, all in excellent condition. This is truly a one of a kind property that has been meticulously maintained. The roof is 2 years old, skylights in the foyer and great room were replaced with the roof 2 years ago, Furnace 2023, Exterior painted in 2019, four of the five AC units replaced in 2020 or sooner, and more. Other amenities include a Sauna, Home Office, Large English Stone Koi Pond with a Fountain, Automatic switch generator, flower bed irrigation, and more. The gated Village of Tuxedo Park provides a 24/7 Police Department and is surrounded by the beautiful Ramapo Mountains in the lower Hudson Valley. There are pristine swimming lakes, boating, biking, racquet sports, golf and endless miles of hiking nearby. Easily the chicest place to live within an hour of NYC. Updated on 9/28: Town/County Taxes have been grieved successfully by 25% for all three parcels. The new 2025 Taxes are estimated to be a total of $60, 167 for all 3 parcels included in the sale. Village Taxes are eligible for grievance in February 2025. Updated tax amount for 2025 has been input to MLS.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,584,000 | $1,584,000 | $1,584,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $5,014 | $5,014 | $5,014 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,994 | $9,753 | $13,154 |
Total Monthly Payment | $14,133 | $14,892 | $18,293 |
* 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.