A Maginificent Property with 249 Acres in Jewett with 3 Homes that abuts State Land! It's a beautiful mountaintop setting and landscape along the Schoharie Creek. It has great proximity to the area's destinations and attractions as it is 15 minutes to Windham Ski Mountain, 10 minutes to Hunter Ski Mountain, 20 minutes to Colgate Lake, 20 minutes to CD Lane Park, 20 minutes to North-South Lake, 30 minutes to Zoom Flume Water Park, and 35 minutes to the Hudson River. The property has rich history as a farm, a summer camp, and an arts retreat. There are 3 homes on the property. One home is owner-occupied used seasonally and recreationally. This home has 3 bedrooms, 1 bath, a kitchen, and a Great Room with a beautiful stone fireplace and a woodstove. The other 2 homes are rented with an annual income of $17, 400. The 2nd home has 4 to 5 bedrooms, 2 baths, a living room, a kitchen, a laundry room, & a pantry. The 3rd home has 4 bedrooms, 1 1/2 baths, a living room, a dining room, a kitchen, & a laundry room. There are 2 parcels that go with this sale: tax map # 146-3-7. 1 & 163-2-3 for a total of 249 acres. View our 3D virtual tour of the main home, 3D sky tour of the property, floor plans of the main home, and maps of the property with 1 map showing the State Land.
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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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,314 | $10,219 | $13,576 |
Total Monthly Payment | $9,439 | $10,344 | $13,701 |
* 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.