Looking for a full-time residence or weekend getaway? Look no further! Nestled in the woods off a quiet country road sits an adorable updated cottage surrounding the Mohican Lake which allows for fishing, swimming, electric motorboats and more. Lake is just a short walk down the private road with no through traffic, deeded restrictions or HOA fees! Home has been tastefully renovated down to the studs and was converted from a two bedroom to a spacious one bedroom with one full bath. Gleaming hardwood floors, cathedral ceilings and natural sunlight throughout are a few favorites. As you enter you are graced with a cozy wood stove that leads into the kitchen with stainless steel appliances, butcher block countertops and a stackable washer and dryer. Off the kitchen leads to the screened in porch that makes great for relaxing on those long summer nights. Enjoy breakfast on the open deck with beautiful lake views along with a private backyard allowing plenty of room to store your RV, boat trailers and more! Property comes with your own private dock and storage shed. Conveniently located minutes to local restaurants, coffee shops, grocery stores and just 25 minutes to hot spot Bethel woods, Resorts World Casino and Kartrite waterpark. Just under 2 hours to NYC, come check it out! Roof is approx. 4 years old, 100amp service box (2023) * PLEASE NOTE THIS SALE INCLUDES TWO ADJACENT HOMES 16 & 26 BEACH ROAD *
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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 | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $307 | $307 | $307 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,373 |
Total Monthly Payment | $3,043 | $3,040 | $3,755 |
* 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.