Nestled conveniently between Albany and Hudson, this nearly 60-acre parcel offers a perfect balance between accessibility, tranquility and awe with the potential for stunning, unobstructed river views from your future home. Divided by Route 9J (River Rd), the land features over 27 acres on the east side and more than 32 acres on the west. The western portion borders the serene Schodack Creek, which flows into the Hudson River, granting riparian rights. The east side hosts a winding, roughed-out driveway leading up to an expansive 5-acre open field, an ideal spot for your future residence. Beyond this meadow, you'll discover a beautiful landscape of mature Hemlocks, Oaks, and Birch trees, along with logging trails. A babbling creek meanders through the back of the property, enhancing its charm. Just 15 minutes north is Albany, the vibrant capital city where you can enjoy shopping, dining, shows, and concerts, or catch a flight from the international airport. Albany also offers easy access to Amtrak for a quick two-hour ride to New York City. A mere 30 minutes south brings you to the picturesque city of Hudson, renowned for its antique shops, farm-to-table dining, and upscale boutiques. If you're looking to build your dream home and embrace the beauty of the Hudson Valley while remaining close to essential amenities, then look no further - this is the place for you.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,501 | $1,462 | $1,886 |
Total Monthly Payment | $1,576 | $1,537 | $1,961 |
* 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.