345 Brown Settlement Road, Livingston Manor (Rockland), NY, 12758 | $650,000

These 132 acres of woodland border Catskill State Park. There are trails through the forest. Every 50 acres of woodland is eligible for a reduction on property and school taxes. The property must be maintained as a tree farm and not sub-divided. A house can be built on the land and some acreage converted to plant production. The existing home could be used as a guest house if it is decided to build a more substantial structure elsewhere on the land. Up to ten cords of wood can be cut for firewood. Maintaining a tree farm benefits all human and animal populations. The maintenance of forestland is an important contribution to the well being of the future animal and human ecosystem. The town of Livingston Manor is a short distance away for shopping, restaurants and the well known Catskill Art Space for art. There is a public transfer station a short distance from the village for recyclables and household waste.

Features

  • Town: Livingston Manor
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Style: Manufacture/Mobile w/Land
  • Year Built: 1975
  • Heating: Electric, Radiant
  • Cooling: None
  • Basement: Partial
  • Approx Sq. Feet: 684
  • Acreage: 132.3
  • Est. Taxes: $5,000
  • Lot Desc: Private
  • Elem. School: Livingston Manor Elementary School
  • Middle School: Livingston Manor High School
  • High School: Livingston Manor High School
  • School District: Livingston Manor
  • Appliances: Oven, Refrigerator
  • MLS#: H6295633
  • Days on Market: 248 days
  • Website: https://www.raveis.com
    /prop/H6295633/345brownsettlementroad_livingstonmanor_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of RM Farm Real Estate   Phone: 845-439-5511

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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

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345 Brown Settlement Road, Livingston Manor (Rockland), NY, 12758

$650,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $417 $417 $417
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,460 $3,456 $4,385
Total Monthly Payment $3,969 $3,965 $4,894

* 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.