Palatial parcel in Putnam Valley. Opportunity is knocking, COME Build your own peaceful get-a-way in this tranquil country setting. This historic town is nestled in the Hudson Highlands, is less than an hour from midtown Manhattan by car, but far from New York's hectic lifestyle & includes several lovely lakeside communities, and the renowned Clarence Fahnestock State Park which has many miles of hiking and riding trails. Access to Taconic State Pkwy roughly 2. 5 miles! I-84 just minutes away. Easy commuting distance to NYC, Rockland, Orange, Putnam, Westchester & northern Putnam, Duchess Counties. Peekskill Metro North, Hudson line train station 12 miles, NYC by car approximately 1 hour. The parcel is between #42 and #34 Homes on Wicopee and is 1. 65 acres. The zoning is R3 witch is a 3 acre zone so a variance will most likely be needed. No BOH Approvals. Sold as is. ( No board of health filed)
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Our Executive Mortgage Banker:
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$64,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $51,999 | $51,999 | $51,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $346 | $346 | $446 |
Total Monthly Payment | $421 | $421 | $521 |
* 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.