Two Stunning Homes with Lake & Mountain Views on One Lot! Welcome to the ultimate compound or lucrative vacation rental opportunity! Nestled in the picturesque landscape of the Catskills, this exceptional property boasts not one, but two homes, each offering breathtaking lake and mountain views. Perfectly situated to nearby Rip Van Winkle Lake, you'll have endless opportunities for canoeing, fishing, and sunbathing at the beach. Plus, enjoy nearby amenities like a skate park, basketball courts, boutique shops, restaurants, Slopes Night Club, and Jolie's Spa. For winter sports enthusiasts, Hunter Ski Resort is just a 10-minute drive away, offering skiing and seasonal festivals. And, with NYC a little over 2 hours away, this is an ideal escape from city life. House#111 has been freshly renovated with beautiful wood floors and features a well-appointed chef's kitchen. It includes four spacious bedrooms, one of which is ensuite, and three beautifully tiled bathrooms. The lower level offers a walkout with a game room and extra sleeping quarters, along with a large deck for entertaining or relaxing on while taking in the mountain and lake backdrop. House #113 is newly constructed, exuding a luxurious Catskill Mountain cabin vibe. It boasts pine-covered walls for a cozy atmosphere, four bedrooms, and two full bathrooms, along with a beautiful kitchen and metal roof. This property is a dream come true for compound seekers, vacation rental investors, and outdoor enthusiasts alike. Whether you're looking to create lasting memories with loved ones or generate rental income, this versatile estate offers endless possibilities. Don't miss your chance to own this incredible property in the heart of the Catskills-schedule a showing todayNote: Total square footage includes both homes and the finished walk-out basement in House #111. Some furniture pieces may be different than photographed at the time of showing/closing due to being updated. Furnishings are available. Inquire.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,065 | $4,467 | $5,994 |
Total Monthly Payment | $4,157 | $4,559 | $6,086 |
* 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.