CHARTER OAK FARMA rare small farm in the perfect location, this 12-acre property is one of the last family farmsteads to be offered with expansive views of the Catskill Mountains and Frederic Church's Olana. Nestled amidst rolling hills of protected woodlands and agricultural meadows, this property boasts inspiring Hudson River School sunsets that made the region famous. Charter Oak Farm has it all: a well-proportioned late-19th century Colonial Revival farmhouse, an early 20th century bungalow with a contemporary addition, a classic 2-story barn, a greenhouse, an agricultural pavilion, hundreds of young productive apple trees, extensive deer fencing, and a large open meadow awaiting further transformation to agricultural, horticultural, or recreational use. The property could be residential, a boutique farm, or a combination of both. The secondary house could accommodate guests, help support a small business operation, or generate rental income. Perfectly situated within 8 minutes to the City of Hudson and Amtrak, the Rip Van Winkle Bridge and the Hudson River, in a region of public landscapes and parks, including the Empire State Trail and Olana State Historic Site. The stunning views of and from the property are timeless: they are part of Olana's historic viewshed, a protected panorama of largely agricultural and residential properties. Highfield, the 90-acre parcel that abuts Charter Oak Farm to the north will be protected, so that all of the rear views from Charter Oak Farm a total of 700 contiguous acres will continue as premier examples of classic Hudson Valley scenery. Some deed restrictions will apply to the sale of Charter Oak Farm, in keeping with the seller's intention to preserve the special qualities of the gorgeous surroundings. Charter Oak Farm is a unique opportunity to add your vision to an already iconic Hudson Valley landscape.
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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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,791 | $7,364 | $9,932 |
Total Monthly Payment | $6,916 | $7,489 | $10,057 |
* 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.