An outstanding example of Dutch stone architecture, 73 Mill Dam Road exudes the rich history of the Huguenots immersed in the local charm and natural surroundings of magnificent Hudson Valley, New York. Inspired and designed after the Jean Hasbrouck House in Huguenot village located in New Paltz, this home was built in 2002 with the design, craftsmanship, and detail of the eighteenth century. It includes original stone from the local quarry; wood beams, doors, flooring and staircases milled from the property's oak, pine and cherry trees and iron hardware on doors and railings made specifically for this home. There is a left and right wing - each with its own living room with fireplace, electrical service, hot water heater and central air conditioning system. Seven bedrooms, each with an ensuite bathroom, a beautiful chef's kitchen, third floor media room complete with wet bar and a vaulted ceiling, lower-level recreation room and den, end-to-end exterior deck and in-ground pool complete this breathtaking 10, 000 square foot estate. Set on 79+ park-like acres, the property includes ponds, streams and various species of forest your own oasis of privacy, tranquility and peace, conveniently located close to New Paltz, Rhinebeck, and Kingston which is rich in history and the arts.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,525,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,620,000 | $3,620,000 | $3,620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $3,546 | $3,546 | $3,546 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,433 | $21,414 | $29,819 |
Total Monthly Payment | $23,104 | $25,085 | $33,490 |
* 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.