All the great design and amenities without the wait. This lightly lived-in one-level home at Tradition at Red Hook, the Hudson Valley's premier traditional-neighborhood development, feels brand new but this one you can have NOW, without the year-plus wait for new construction. Sited on a sunny corner lot and entered through a gracious front porch, this fully upgraded Montgomery Farmhouse features a stunning 40-foot-long open living room, dining room and gourmet kitchen arrangement, with high ceilings soaring to a dramatic 11 feet in both the den and the loft-like living room centered on a fireplace. The house also features 2 bedrooms and 2 full bathrooms, including a large en-suite primary bedroom with an enormous, spa-like bathroom and twin closets. The separate den, entered through double doors from the living room, could also be utilized as a third bedroom. Ample closet space throughout is supplemented by a spotless full basement for even more storage. The living spaces open to a porch and private fenced courtyard, with an over-sized 2-car garage and your own driveway accessed via a private back lane. Walk-able to the charming Red Hook village center and minutes by car to Rhinebeck and the Rhinecliff train station, the house is low-maintenance and features the latest smart technology, including dual-zoned heating and central air-conditioning, GE Profile appliances, Miele washer and dryer, and a generator hook-up. A long list of all the best upgrades, including premium wide-board oak flooring, MSI quartz countertops and Hunter-Douglas window treatments, puts this nearly new home in sync with brand-new Tradition at Red Hook construction, but without the 12- to 18-month wait. And there's only one lot left in the development designated for a Montgomery house, so it could be your last opportunity in a while to own one. With a monthly HOA fee of 392 dollars covering snow removal, lawn care and more, plus a dog park, common Green, and new pool and clubhouse and gym, Tradition at Red Hook is the stylish option for low-maintenance luxury living in the Hudson Valley, and this home lets you enjoy that lifestyle immediately.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,222 | $1,222 | $1,222 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,766 | $4,138 | $5,552 |
Total Monthly Payment | $5,080 | $5,452 | $6,866 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.