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A Great Property in a Beautiful Setting with Mountain Views in Prattsville! There are a total of 6 Townhouses with 1. 92 acres currently used as term rentals. There's an adjacent parcel of land being offered with 6. 68 acres with a creek - Johnson Hollow Brook. The 6 Townhouses have a total of 6, 280 sq ft. The corner units have 1. 200 sq ft and the middle units have 970 sq ft. There are a total of 12 bedrooms, 6 full baths, and 6 - 1/2 baths. Each townhouse has 2 bedrooms and 1 1/2 baths. The utilities are separate for each unit. The townhouses have been approved by the Attorney General as individual townhouse units which may be sold off separately through the existing HOA. There's a paved driveway, paved parking lot, fenced area for trash, back decks, and yard space for the tenants. The townhouses have great proximity to the area's destinations and amenities. It's 15 minutes to Windham Ski Mountain, 20 minutes to Hunter Ski Mountain, 5 minutes to the Schoharie Reservoir, and 2 minutes to the Village of Prattsville. There are 7 parcels with this sale with tax map #'s: 74-1-39, 40, 41, 42, 43, 44, & 45. The 6. 68 acre adjacent land parcel offered in addition to this sale is tax map #: 113. -1-26. View our 3D virtual sky tour.
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William Raveis Real Estate
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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 | $1,160,000 | $1,160,000 | $1,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.071% | 6.108% | 6.056% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,406 | $6,955 | $9,711 |
Total Monthly Payment | $6,531 | $7,080 | $9,836 |
* 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.