Experience the pinnacle of waterfront living with this undeniably beautiful 4. 5-acre parcel, currently the finest in the Hudson Valley. Nestled in the picturesque Balmville neighborhood, this property features a charming 1850 historic farmhouse, surrounded by magnificent million-dollar estates and offering breathtaking river views that are simply unparalleled. The lot is framed by lush trees and stunning natural scenery, providing an idyllic setting for your dream home. Its prime location places you moments away from the iconic Philip Johnson Wolfe House and the vibrant arts scene in Beacon, featuring celebrated venues like Dia: Beacon and Storm King Art Center perfect for art lovers and cultural enthusiasts. For outdoor adventurers, a network of scenic hiking trails awaits, offering opportunities to explore the area's remarkable landscapes. This parcel is not only a private sanctuary but also presents potential for subdivision, allowing for development opportunities, or you could selfishly keep it all for yourself! Commuters will appreciate the convenient access to Grand Central Station, ensuring a seamless balance of tranquility and connectivity. Nearby, The Powelton Club offers exclusive golf and tennis facilities, further enhancing the luxurious lifestyle this property provides. With its rich history and breathtaking surroundings, this area stands out as one of the most sought-after locales in the region, making it a perfect canvas for your dream home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
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 | $1,145 | $1,145 | $1,145 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,470 | $8,196 | $10,888 |
Total Monthly Payment | $8,740 | $9,466 | $12,158 |
* 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.