Beautifully situated at the end of Ulster Heights Lake is this 60. 8 acre parcel located in Ellenville NY, Ulster County. This property would be a perfect spot for your new home or cabin with many variations of recreational use or logging potential. The property consists of an approximate 1, 000 ft. driveway that leads to a nicely maintained 10 acre field. Majority of the woodlands are mature hardwoods and could be available to log. The parcel has over 1, 300 ft. of road frontage. There is a small portion of wetlands at the back of the property where Botsford Brook feeds the lake. Great property for your private estate, weekend getaway, homesteading, hunting, and hiking. Enjoy the Ulster Heights Lake amenities and all the surrounding area has to offer. Centrally located to the nearby Rondout and Neversink Reservoirs and many Ulster County attractions such as local breweries, shops, and Minnewaska State Park. This property is also located less than 2 hours to the George Washington Bridge. An adjoining 23. 1 acre parcel is also available at an additional price.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $372,000 | $372,000 | $372,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,475 | $2,472 | $3,137 |
Total Monthly Payment | $2,550 | $2,547 | $3,212 |
* 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.