Nestled atop the Shawangunk Ridge within the historic artist colony of Cragsmoor, this magical property epitomizes peace and relaxation amidst natural splendor. As you drive along the gravel path to your front door, you will be greeted by exquisite stone hardscapes that lead to an inviting entrance. Thiis mid-century single level home has been rejuvenated while maintaining classic features and design. The simple, clean lines provide a serene retreat from everyday stress. Inside, the open-concept kitchen, living and dining areas seamlessly flow into a generously sized family room. The primary bedroom boasts a walk-in closet and ensuite bath. Two generously sized additional bedrooms and guest bath complete the first floor. Attached two car garage adds additional convenience with access to the full basement. Lower-level stores mechanicals and awaits your creative touch to transform the space. With an abundance of nature walks right outside your door, you can enjoy expansive vistas and easy access to Sam's Point Preserve, Bear Hill, the Cragsmoor Library, and the Cragsmoor Historical Society. This charming residence offers not only a sanctuary of natural beauty but also an exceptional lifestyle. With frontage on both South Gully and Henry Road, the property is centrally located for hosting family, friends, neighbors and gatherings, yet it is set back just enough to ensure privacy without seclusion. For artists, creators and hobbyists, an additional 30 x 60 pole barn with soaring 14-foot ceiling, loft, concrete floor, water and electric provides endless possibilities. Hike, bike or create all day, then come home to enjoy a starry night gathered around the fire pit. Beautifully situated on a gentle knoll with 2. 4 park-like acres, this property truly checks all the boxes.
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William Raveis Real Estate
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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 | $580,800 | $580,800 | $580,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $843 | $843 | $843 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,623 | $3,529 | $2,415,160 |
Total Monthly Payment | $4,558 | $4,464 | $2,416,095 |
* 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.