Perched high above the Hudson River is a 5000+ square feet unfinished home awaiting your finishing touches. This property, nicely situated on approximately 2 acres overlooking the Hudson River near the Kingston-Rhinecliff Bridge, is a place to enjoy the tranquility as you watch for bald eagles soaring. This work-in-progress is the culmination of a dream that the owner had when he was a boy. The owner lovingly built a remarkable home with beautiful stonework, whose centerpiece is an enormous Great Room with wood-paneled vaulted ceiling, floor-to-ceiling windows and a wood-burning fireplace. The approximately 4000 square feet addition has radiant heat, with heated floors throughout, including the garage and basement floors. The home also features 4" thick Douglas Fir trim, Weather Shield windows, Alder solid-wood doors, beautiful tile and hardwood floors, French doors and underground utilities. In addition to the Great Room, this home is comprised of 2 apartments, plus the original structure from 1920. Each apartment has beautiful granite countertops, solid wood cabinets, and gas range. One of the apartments has a special loft that could be used as a bedroom and walk-in closet, or could be a child's tree house! Enjoy fresh eggs from the chicken coop. Spacious 24' x 36' 2-story barn. Swim in the above-ground pool overlooking the Hudson River. This property is one-of-a-kind. Close to all the Hudson Valley has to offer. Conveniently located near uptown Kingston, Rhinebeck, Red Hook, Woodstock and Saugerties. Less than 20minutes to Amtrak. Less than an hour from skiing at Hunter Mountain and Belleayre. 2 hours from NYC. Additional Information: ParkingFeatures: 2 Car Attached,
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $1,617 | $1,617 | $1,617 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,248 | $5,390 |
Total Monthly Payment | $6,015 | $5,957 | $7,099 |
* 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.