Tribeca meets Dutchess County. Stunning contemporary on 7. 28 private acres and sited high above the Landsman Kill Stream which borders the rear of the property. This C. 1910 house is a surviving structure once belonging to the Gilded Age Linwood Estate built by eccentric beer baron and New York Yankee owner Colonel Jacob Ruppert. Located on Mill Road known for a century as "Estate Road" which had many original Livingston estates along the five mile road. The house has the feel of a large New York City loft. Soaring 20 foot ceilings feature exposed beams and the skylights let in an abundance of light. Cherry wood floors throughout the main floor. The open floor plan is ideal for entertaining family and friends. The living room opens onto a large, sleeping-screened porch and expansive deck offering views, serenity and being one with nature. The main floor primary suite has fantastic light and a full spacious en-suite full bathroom with jacuzzi tub and steam shower. The lower level has a spacious living area/family room, full bathroom and second large primary bedroom that opens out onto a private patio. There is the option to add a third bedroom legally. There have been several upgrades made over the years: new central air conditioning, Bosch hot water heater, whole house Generac generator, roof is metal. This unique setting and early home were described in the writings of Edith Wharton and Henry James and Thomas Wolfe who wrote "Look Homeward Angel" in a nearby stone cottage. The house is close to the Village of Rhinebeck with fantastic shopping and restaurants. The property is in an area known for its scenic beauty, the arts, farm to table restaurants and wineries. Close to farmers markets, Mashomack Polo Club and Tamarack Preserve. Great location, only two miles to Amtrak and 90 minutes by car to New York City.
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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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $720 | $720 | $720 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,645 | $5,097 | $6,771 |
Total Monthly Payment | $5,457 | $5,909 | $7,583 |
* 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.