Welcome to this exquisite custom Colonial at The Reserve in the popular town of New Windsor. Originally built in 2005, the gracious four-bedroom, 2. 5-bath home presents wonderfully from the street, with lush lawns and landscaping, a lovely front porch, and a two-car garage. Entering, you'll discover an attractive central hall layout with huge windows and wide-plank hardwood floors throughout. A spacious study is to the right, and an expansive Great Room concept is to the left with sunny exposures on three sides. The light-filled front living area transitions seamlessly to an adjacent formal dining room, perfect for entertaining and holiday get-togethers. The huge kitchen has entries on all four sides, a prep/dining island, upscale stainless steel appliances, and plenty of room for a big breakfast table. A butler's pantry houses a side-by-side washer and dryer as well as a sink. Next to the kitchen is a spacious family room with a gas fireplace, recessed overhead lighting, and oversized windows overlooking the backyard. A powder room off the front hall adds extra convenience. Private quarters are upstairs, highlighted by an incredible owners' suite with a sitting/media room, a giant closet, and an ensuite bath with a spa tub, separate shower, and twin-sink vanity. There are three more generously sized bedrooms at this level, as well as a handsome hallway bath with a twin-sink vanity and a combo tub and shower. Additional recreation and entertainment possibilities are at the lowest level, with a giant basement awaiting your finishing touches. The property itself is an integral part of the appeal, with perfectly manicured lawns wrapping around all four sides with an irrigation system to go with it. The big backyard is separately fenced and ready for summer barbeques. Also notable is the two-car garage with independent remotes for each bay, as well as rooftop solar panels and two water heaters to make this home energy efficient! offering a perfect blend of luxury, comfort, and convenience. Surrounded by verdant greenspaces, the Reserve is a single-family home community within the historic town of New Windsor. Brown's Pond and Kristi Babcock Memorial Park are nearby, and groceries, retail, and restaurants are a five-minute drive away. Commuting is a breeze via I-87, I-84, the Hudson River ferry, and the Newburgh-Beacon Bridge, and there are numerous other attractions in the area such as golf, tennis, horseback riding, and Brotherhood, the oldest winery in America.
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Our Executive Mortgage Banker:
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$725,000
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 | $580,000 | $580,000 | $580,000 |
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 | $1,202 | $1,202 | $1,202 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $5,153 | $5,149 | $6,267 |
* 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.