Beilke Road, Millerton (North East), NY, 12546 | $599,000

Large estate parcel with sub-division possibilities. 21 acre parcel of land in the town of Northeast NY. Has a current BOHA for 6 bed home, preliminary site plan has a location for an in-ground pool and large barn with loft. This site is totally cleared with beautiful views to the east. Ideally situated for geothermal heating and cooling and solar panel installation. An easy stroll or roll approximately 1500ft down to Main St in the Village of Millerton where you can enjoy the Sat morning Farmers Market, a coffee and croissant at Irving Farms or a viewing of the latest film at The Movie house. You'll also find The Oakhurst Diner which sits at the entrance of the Harlem Valley Rail Trail. This parcel can be sub-divided with approvals from the town into a few larger estate-sized parcels which would be in extremely high demand in today's market. The parcel is also zoned medium density 1/2-acre zoning) which would allow with town approvals, for some much-needed work force housing. Millerton and the Town of Northeast are a growing and thriving community with a mix of weekend and year-round residents that are engaged and excited about the town's future.

Features

  • Town: Millerton
  • Zoning: Other
  • Elem. School: Webutuck Elementary School
  • High School: Webutuck High School
  • School District: North East
  • MLS#: H6324689
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /prop/H6324689/beilkeroad_millerton_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 DUTCHESS COUNTRY REALTY INC. M   Phone: 518-7896185

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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Beilke Road, Millerton (North East), NY, 12546

$599,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
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 N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,188 $3,185 $4,109
Total Monthly Payment $3,280 $3,277 $4,201

* 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.