Your story begins here. . . Lot 2- 66. 5 acres of vast fields- Welcome to Salem View Farms, a 400-acre haven of high, open fields, vintage stone walls, and stunning vistas. This former working farm offers an unparalleled opportunity to craft dream equestrian estates with 5 parcels comprised of 38-66+ acres of cleared, established farmland. Located on the North Salem/Southeast border, Salem View Farms is part of a like-minded equestrian community that boasts more than 56 horse farms which include five Olympian show jumping riders that call this area home. The layout of the farms are a testament to the vision of renowned Olympic show jumping riders Kent Farrington and Daniel Bluman who both own horse properties in this area. Highly successful trainers and owners also operate some of the most elaborate equestrian properties in this horse-friendly locale. State-of-the-art veterinary clinics and farriers ensure top care for your horses. Recently permitted to include your custom home, stables, riding rings, and paddocks, the parcels are nestled in a community that cherishes the equestrian lifestyle. Salem View Farms holds a strategic location with close proximity to many FEI rated horse show venues and CSI 2*- 5* events held at Old Salem Farm, HITS Saugerties, Silo Ridge Masters, the Greenwich Polo Club in Conyer's Farm and the Hampton Classic. The property also has access to an extensive trail system and is home to the Golden's Bridge Hunt. The community brims with a diverse choice of restaurants, entertainment venues, and shopping options. A little over an hour from NYC, access to major airports facilitates travel for European competitions. Salem View Farms presents a unique opportunity to create your own equestrian paradise, the ideal complement to the seasonal competitions in Florida. We have a team of local architects, builders, stable and ring builders ready to bring your vision to life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$10,000,000
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 | $8,000,000 | $8,000,000 | $8,000,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,423 | $49,910 | $66,969 |
Total Monthly Payment | $45,548 | $50,035 | $67,094 |
* 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.