75 Allhusen Road, New Paltz (Plattekill), NY, 12561 | $1,425,000

The Thaddeus Hait House has historical significance and is listed on the National Register of Historic Places. The farm was established in 1819 and sits along both sides of Allhusen Road. In 1728 the property was a land patent granted to John Spratt and Andrich Marshalk. By the late 18th century much of the patent was subdivided and the farmland passed through Adam Baker and Henry Lockwood prior to Hait purchasing an initial 97 acres parcel. By 1828, Hait continued to enlarge the property through multiple surrounding acquisitions, and the farm had grown to 153 acres. Around this time Hait's Federal style two-story, three-bay farmhouse neared its completion featuring a frame and stone construction. Hait descended from a prestigious, wealthy family that settled in Westchester County, and he spared no expense in the design of his home. There is an elegant second floor parlor, which was a distinct local feature in the style of homes in that era. The superior craftmanship displayed on paneled doors and channeled moldings throughout the residence reflect the wealth and stature of the family. There are several outbuildings on the now 117 acre property. A Dutch barn that likely dates to the late 18th century boasts characteristics that include a timber H-frame, hand-hewn anchor beams and a three aisle floor plan. A second barn that exists on the property is unusual in that it is made of stone, a material that was normally used during that period for dwellings and/or smokehouses. For many years the property was a well-known dairy farm that was run by Ira Hait, Thaddeus's son. The property farm eventually passed on to Thaddeus Hait's grandsons, Ira and John Elting. Ira Elting ran the dairy farm until he sold it in 1888. It then passed through two owners until 1906 when the Allhusen family purchased it and operated a dairy farm for the next 76 years. In 1982 the Adair family purchased the property. Jim Adair was a well-known watercolor artist who used the stone barn for his art studio Red Pump Art Gallery. The property is magnificent and has tremendous potential for a variety of uses. Red Pump Gallery is a fantastic light filled workspace awaiting its new owner/artist. Plenty of storage in the lower level and a walk out entrance. Smaller outbuildings dot the landscape. Close to town, shopping and restaurants.

Features

  • Town: New Paltz
  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Farmhouse
  • Year Built: 1790
  • Heating: Oil, Forced Air
  • Cooling: None
  • Basement: Partial
  • Approx Sq. Feet: 2,332
  • Acreage: 117
  • Est. Taxes: $17,933
  • Middle School: New Paltz Middle School
  • High School: New Paltz Senior High School
  • School District: New Paltz
  • MLS#: H6316431
  • Days on Market: 132 days
  • Website: https://www.raveis.com
    /eprop/H6316431/75allhusenroad_newpaltz_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Houlihan Lawrence Inc.   Phone: 845-677-6161

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NMLS Mortgage Loan Originator ID 1880936

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75 Allhusen Road, New Paltz (Plattekill), NY, 12561

$1,425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,140,000 $1,140,000 $1,140,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $1,494 $1,494 $1,494
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,384 $6,927 $9,391
Total Monthly Payment $8,003 $8,546 $11,010

* 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.