Seize this rare opportunity to own over 11 acres of untouched land located seconds away from the stunning Cherry Plain State Park in Stephentown, NY! This property offers the perfect blend of privacy and natural beauty, nestled in one of the most scenic areas of Rensselaer County. Situated on a quiet, town-maintained country road, this secluded acreage provides a serene retreat for nature lovers and outdoor enthusiasts. Imagine stepping out your door to hike, fish, and explore the park's trails without ever leaving your property! Plus, with the added benefit of lower Rensselaer County taxes, this is the perfect place for a weekend getaway or year-round residence. Enjoy being just minutes from Jiminy Peak Ski Resort and the cultural riches of the Berkshires, while still being within easy reach of New York’s Capital Region. Albany International Airport, shopping, arts, music, and dining are all just a short drive away. This land boasts several ideal building sites, offering endless possibilities for your dream home or recreational retreat. Call today to explore this rare chance to own land next door to Cherry Plain State Park and see all that this magnificent property has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$85,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $68,000 | $68,000 | $68,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $464 | $452 | $578 |
Total Monthly Payment | $539 | $527 | $653 |
* 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.