Purchased by the Foster family in 1790, this property encompassed the majority of what is now the Historic Hamlet of Hillsdale. Sited in the center of the Hamlet, this Greek Revival home, built in 1810 by Isaac Foster, who inherited the land from his father. Prior to 1790, the property was in the family of Catherine Van Renssalaer Schuyler - mother-in-law of Alexander Hamilton. The home has been recently renovated to preserve its historic value as the third oldest house in town. With its large backyard and mature trees, the property was fully restored to respectfully celebrate its grandeur and elegance. This designer-ready, stylish farmhouse offers a unique opportunity to anyone wanting a turnkey property in the majestic Hudson Valley. The renovation included a new dual-zoned centralized heat and cooling systems, new plumbing, electrical wiring, water heater and furnace, structural re- stabilization, and a replaced roof. All new appliances were installed, including an upstairs laundry space with stacked Samsung washer and dryer. The walls, plaster and paint have been fully re-finished. Antique glass was used to restore the period windows, and original wood flooring was kept and restored to offer warm and cozy interiors. Upon entering, there are warm oak floors, view of both the living-room and formal dining room, windows' with unique casings, an example of Greek Revival design, and the fireplace features two original miniature carved Greek friezes guarding either end of the mantel. The spacious kitchen, a walk-in pantry, granite countertops, new Bosch appliances, and informal dining space. Carrara marble in both bathrooms with a full suite of traditional-styled fittings. The primary suite features a vanity set, soaking tub, separate shower. There can be up to 4 bedrooms, (including a first-floor mother-in-law style apartment with private entrance and bathroom with a shower). The home offers a flexible floor plan for use as a residence, a business, or dual use - the building is zoned as both commercial and residential. Situated halfway between Hudson, NY and Great Barrington, MA, walking distance to amenities of Hillsdale Hamlet, a general store, florist, kitchen store, brewery, restaurants, coffee shops, and grocery store with wine shop. Catamount skiing, hiking trails, lakes, and walkable access-point to the Rail Trail.
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William Raveis Mortgage, LLC
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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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,339 | $4,227 | $5,363 |
Total Monthly Payment | $4,431 | $4,319 | $5,455 |
* 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.