THE ULTIMATE CATSKILL RETREAT 47 WASHINGTON LANE 9 Acres. Luxe Chalet. Income Potential. Discover 47 Washington Lane, a one-of-a-kind, custom-built chalet in Monticello, NY, where luxury meets adventure. Spanning nearly nine private acres, this 1, 398 sq. ft. architectural masterpiece is more than a home it's an Airbnb goldmine, earning $300/night, and an exclusive escape from the ordinary. What Makes It Extraordinary Striking Chalet Design: Towering windows, vaulted ceilings, and rustic textures create an airy, light-filled haven. Open Concept Living: A spacious layout with a wood-burning stove, chef's kitchen featuring granite countertops, and an eat-in island perfect for gatherings. Seamless Indoor-Outdoor Living: Bask in nature on the expansive front porch or private back deck overlooking your own koi pond and forested serenity. Income-Generating Guest House & Unlimited Potential A fully plumbed and electrified guest house offers countless possibilities: a guest suite, artist's studio, or rental opportunity. Plus, a 1, 195 sq. ft. unfinished basement invites you to dream big. Modern Comforts in Rustic Elegance 200-amp electric, two Rheem hot water heaters, and ductless mini-split systems ensure year-round comfort. Lush Grounds: Whispering trees, rolling landscapes, and nature's soundtrack set the tone for peaceful living. Location Perfection While this retreat feels secluded, it's just minutes from Monticello's vibrant village offering dining, shopping, and year-round outdoor activities. 47 Washington Lane is more than a property; it's a lifestyle a hidden gem for discerning buyers seeking an unparalleled Catskill experience. Whether you're looking to expand your portfolio or find your forever escape, this home delivers. Your dream retreat awaits. Don't miss it. Appliances: Electric Water Heater
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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 | $720,000 | $720,000 | $720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $571 | $571 | $571 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,032 | $4,375 | $5,931 |
Total Monthly Payment | $4,695 | $5,038 | $6,594 |
* 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.