Don't miss this opportunity to revive this ''Diamond in the Rough'' back to the classy elegance she once presented as a Sprawling Ranch Home. Built in 1967, this almost 2, 000 sq. ft. of one level living was the envy of the neighborhood. Solid construction, featuring a brick front on a level lot with amazing mountain views. Single level offering, the opportunity to rework the floorpan to suit your needs. Main level laundry, breakfast nook, and 3 season room which would make a perfect mud room. Two car garage is complimented by a third garage door into the basement area, opening up a world of possibilities. In the basement you will discover a newer, high-efficiency BUDERUS Boiler, one of the oldest manufacturers of Boilers in the world, and considered one of the best. Bring your Architect, raise the roof and create a wall of windows to the west and enjoy the breathtaking sunsets over the Shawangunk Mountains! Gaze northward and enjoy the view of the Mohonk Tower! Did I mention the inground pool, 3 stall barn, run-in shed and separate storage shed. Most of the fencing is existing, so bring the horses, ponies or llamas and maybe a chicken or two and create that mini-farm you have always dreamed of! Plenty of room for that veggie garden, and some fruit trees, too! Perhaps, you are a collector or need a workshop. . . . there is also plenty of room in those buildings for that type of use, if that is what you choose!! Lots of options here, bring your imagination. Location, location just minutes to the Mohonk Preserve, Minnewaska State Park, Wallkill Valley Rail Trail for all those hikers, bikers or climbers. Within 30 minutes to Metro-North, Stewart International Airport and Interstates 87 and 84 the Crossroads of the Hudson Valley. Enjoy the many farm markets, breweries and wineries and wide variety of restaurants found through the Valley. There are plenty of music and cultural venues, to keep busy with. Don't miss this opportunity to restore this sprawling ranch into a one-of-a-kind modern masterpiece. Directions: From 44-55, south on Albany Post, approx 1 mile house on right, just after Stokes Lane. Brick Ranch.
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Our Executive Mortgage Banker:
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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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $818 | $818 | $818 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,187 | $2,187 | $2,845 |
Total Monthly Payment | $3,080 | $3,080 | $3,738 |
* 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.