1 Mares Trail, New Paltz, NY, 12561 | $689,000

Enjoy country living in a stunning New Contemporary. Oversized windows and sliding doors with views of your own forest frame the great room upon entry. Custom built with special attention to details, by one of the area's finest builders, this thoughtfully designed and finished home is unique in every way. The great room with vaulted ceilings is a luxurious arena for cooking and entertaining. The kitchen with its extensive island is just one of many fine features of the generous cook's kitchen. Tastefully designed cabinets by Apuzzo Kitchens are intended to help you feel like you are almost touching the landscape. Wide board white oak floors throughout, large windows and the finest hardware and fixtures, gas fireplace, solid wood doors, Ipe decking, smart thermostats . . no expense has been spared. Ensuite primary bedroom with vaulted ceilings and master bath with double sinks. The energy efficient design features a heat pump using no fossil fuels with 2 zoned ducted heating and cooling, assist with keeping living expenses to a minimum. As a special feature, the unfinished, insulated basement, with large windows and 9-foot ceilings, offers endless possibilities. One story living is a rare find in new construction, especially in such an elegant package. Conveniently located for commuters and just a couple of miles from the happening town of New Paltz with its vibrant shops and restaurants. And for the athlete and adventurer. . . just minutes to the Hudson Valley Rail trail and Mohonk Preserve to enjoy hiking and biking or just a country stroll with nature. This home is truly a jewel, just move right in. . .

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Contemporary
  • Year Built: 2024
  • Heating: Electric, Heat Pump
  • Cooling: Ductless
  • Basement: Full
  • Approx Sq. Feet: 1,728
  • Est. Taxes: $3,015
  • Elem. School: Duzine School
  • Middle School: New Paltz Middle School
  • High School: New Paltz Senior High School
  • School District: New Paltz
  • Appliances: Cooktop, Dishwasher, Oven
  • MLS#: H6328159
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/H6328159/1marestrail_newpaltz_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 BHHS Hudson Valley Properties   Phone: 845-255-9400

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Mares Trail, New Paltz, NY, 12561

$689,000

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 $551,200 $551,200 $551,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $251 $251 $251
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,349 $3,349 $4,356
Total Monthly Payment $3,692 $3,692 $4,699

* 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.