540 S Ohioville Road, New Paltz (Plattekill), NY, 12561 | $985,000

Escape to your own picturesque countryside haven with this enchanting horse farm retreat nestled in the heart of New Paltz. Set amidst 13. 8 acres this charming residence offers a perfect blend of rustic allure and modern comfort. Upon arrival, you'll be greeted by the tranquility of the surroundings and the timeless elegance of the farmhouse architecture. Step inside to discover a home filled with character and warmth, featuring 4 bedrooms and 2 baths, including a luxurious master suite for your ultimate relaxation. A delightful outdoor patio complete with a stone fireplace for serene evenings under the stars, and a charming old chicken coop awaiting restoration But the allure doesn't stop there. The property also includes rental units that effortlessly cover the annual taxes, providing both financial stability and flexibility. Outside, the possibilities are endless within the expansive outdoor oasis. Two working barns await, offering ample space for equestrian pursuits with 6 premium horse stalls and room for expansion. A second barn, currently utilized for storage, presents the opportunity to create a cozy 1-bedroom apartment, perfect for guests or additional rental income, as well as mobile home lot lease income. Embrace the outdoor lifestyle with easy access to nearby Mohonk Preserve and Minnewaska State Park, where endless adventures await amidst breathtaking natural beauty. Or indulge in the local delights, from apple picking at nearby orchards to exploring the vibrant village filled with quaint boutiques, cafes, and restaurants. Conveniently located near colleges, cultural attractions, and major highways, this idyllic retreat offers the perfect blend of seclusion and accessibility, ensuring that both relaxation and adventure are always within reach. Don't let this rare opportunity slip away. Make your dream of owning a captivating country retreat in New Paltz a reality today!

Features

  • Town: New Paltz
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Units: 2
  • Style: Farmhouse
  • Year Built: 1800
  • Garage: 4-car Detached
  • Heating: Oil, Radiant
  • Cooling: Central Air
  • Basement: Crawl Space
  • Approx Sq. Feet: 2,172
  • Acreage: 13.8
  • Est. Taxes: $11,018
  • Elem. School: Ostrander Elementary School
  • High School: Wallkill Senior High School
  • School District: Wallkill
  • MLS#: H6300291
  • Days on Market: 210 days
  • Website: https://www.raveis.com
    /prop/H6300291/540sohiovilleroad_newpaltz_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of eXp Realty   Phone: 888-276-0630

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

540 S Ohioville Road, New Paltz (Plattekill), NY, 12561

$985,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $788,000 $788,000 $788,000
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 $918 $918 $918
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,474 $4,852 $6,544
Total Monthly Payment $5,484 $5,862 $7,554

* 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.