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111 Burleigh Road, New Paltz (Esopus), NY, 12561 | $975,000
Developers and Builders take note of this exceptional property that spans over 55+ acres and possesses a truly remarkable location at the end of a tranquil country road within the New Paltz School District, making it an outstanding investment opportunity. Comprising of two parcels with R40 zoning in the Town of Esopus, the property offers a range of attractive features, including a scenic stream, logging roads, mature trees, and captivating mountain views. With its versatile characteristics, this property is perfectly suited for various purposes, such as single-family residences, a youth camp, campground, or resort with the appropriate Special Use Permit (SUP). The property's diverse topography adds to its appeal, encompassing level areas, gentle slopes, and moderate slopes, along with a mix of meadows and woodlands. Additionally, it boasts the presence of small ponds and a beautiful stream, all conveniently located within six miles of the Village of New Paltz, SUNY New Paltz, and the NYS Thruway exit 18. It's worth noting that this property has a history as a former youth camp and is classified as commercial. Also, were 3 wells, however the seller makes to claim to their functionality. Sale includes #110 Burleigh(9. 2 acres) and #111 Burleigh(46. 42 acres) totaling 55. 62 With its idyllic location, expansive acreage, and varied terrain, this exceptional property presents a unique opportunity for development or investment in the highly sought-after area of New Paltz. Whether you envision creating a peaceful residential community, a recreational youth camp, or an inviting campground or resort, this property offers endless possibilities limited only by your imagination.
Features
- Town: New Paltz
- Zoning: Other
- Lot Desc: Part Wooded, Possible Sub Division, Stone/Brick Wall
- Elem. School: Duzine School
- Middle School: New Paltz Middle School
- High School: New Paltz Senior High School
- School District: New Paltz
- MLS#: H6293976
- Days on Market: 240 days
- Website: https://www.raveis.com
/prop/H6293976/111burleighroad_newpaltz_ny?source=qrflyer
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888.699.8876
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
111 Burleigh Road, New Paltz (Esopus), NY, 12561
$975,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,368 | $4,803 | $6,477 |
| Total Monthly Payment | $4,460 | $4,895 | $6,569 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535