Approved 2. 7-acre building lot in Snedens Landing, located next to one of the Landing's most historic properties, The Big House. Built in 1730, as an English Manor House, a wing of the house reportedly built in the 1690s, and it adjoins this lot. George Washington met General Lafayette on this land during the Revolutionary War. It's rare to find a building lot in Snedens, nonetheless a historic one that's almost 3 acres. This lot features old stone peers as you enter off the road, and there are woodlands that provide much privacy, a large expanse of an open, a big grassy lawn and additional stone walls in the rear. The lot is set far off the road, ideal for building a private home, nestled in the woods. This site is surrounded by multi-million-dollar residences, and is in a R-80, minimum two acre lot building area. Snedens Landing is a neighborhood in Palisades, NY, with the Hudson river to the east, Tallman State Park (732 acres) to the north, and Palisades Interstate Park to the South (2, 200sf+). Snedens Landing is a historic district, where many homes, were built in the 18th, 19th and early 20th centuries. Residents of Snedens can join the S. L. Tennis Association and easily walk to the Hudson River down Washington Spring Road. NYC transportation is a short walk away, as is the Palisades Library and The Market. The village of Piermont is a 5 minute drive and GW Bridge, 12 minutes. A very special place to call home! Additional Information: SoilType: Unknown,
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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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,645 | $5,031 | $6,717 |
Total Monthly Payment | $4,737 | $5,123 | $6,809 |
* 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.