In the heart of the majestic Catskills, this expansive 12. 47-acre wooded haven offers an unparalleled opportunity to build your dream home or a secluded cabin retreat. Enviably located close to the exhilarating Hunter Mountain, this property is a mere walking distance from North-South Lake and the iconic viewing platform of the world-famous Kaaterskill Falls. The allure of nature's grandeur surrounds you, promising adventures and serene beauty at every turn. This exceptional parcel boasts an impressive 215 feet of road frontage on North Lake Road, providing easy access to the site. The rear of the property is gracefully bordered by Wesley Acres Road, enhancing its accessibility and potential for creative development. A gentle stream meanders through the front, adding a peaceful ambiance and a picturesque landscape feature that is both rare and coveted. The land's tranquil, serene setting is complemented by its prime location. Despite its secluded feel, the property is conveniently close to the NYS Thruway, making trips to and from the city effortlessly manageable. Whether you're looking to escape for a weekend or settle down amidst the tranquility of nature, this property is ideally situated to cater to all your needs. Don't miss the chance to own a piece of the Catskills' enchanting wilderness, where nature's beauty and a world of possibilities await. Whether for a private retreat or a home away from home, this land offers the ideal backdrop for a lifestyle embraced by nature and unmatched in its beauty and tranquility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$170,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $136,000 | $136,000 | $136,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $916 | $904 | $1,147 |
Total Monthly Payment | $991 | $979 | $1,222 |
* 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.