The Joseph A Pratt House in Malden Bridge, NY is the ideal Hudson Valley retreat. Built in 1785, it is nestled on 67 acres of tranquil green lawns and wooded hills. In pristine condition, the property contains the stately, 3900 square foot main house, a 986 square foot guest house and a large barn (also built in 1785) containing a two-car garage, a workshop and a four-season, finished studio with hand-hewn exposed beams. The main house has retained much of its original footprint, most of its original hardware and moldings, stunning wide-board floors, legacy-glass windows with correspondingly paned storm windows, and an original wire-pulled front doorbell. It is stately while remaining comfortable and convenient. Central AC is being installed and will be functioning by July 25th. The 1st floor of this center hall Federal house welcomes you with a very large and gracious entry hall. To the left is a spacious living room with wood-burning fireplace and built in cabinets and shelves. To the right side is a very large dining room and/or parlor with an exterior access door, another wood-burning fireplace and original built-in cabinets. The kitchen at the back of the house features a wood-burning fireplace, the original chiseled out soapstone sink, and a back staircase along with modern appliances for contemporary living. The back door of the house opens onto a small office (with half-bath) next to the kitchen. The second floor features a spacious landing, the primary bedroom with ensuite full bath, 3 other bedrooms, (two with wood-burning fireplaces, one with a wood stove) and another bathroom with shower. There is also a staircase to the unfinished attic which features a walk-in cedar closet and plenty of storage space. In the basement, you will find the original kitchen with a brick floor, a cooking fireplace and an original, arched side exit. The basement also has a bathroom with a shower, the laundry room and the systems of the house. In addition to the main house, this estate boasts a fully self-sufficient one-bedroom guest house with a lofted bedroom, bath, double-height beamed living room and a modern kitchen. Because 60 acres of this property is enrolled in the Dept of Environmental Conservation Forestry Exemption, there is an 80% reduction in property taxes for these 60 acres. The quoted tax amounts reflect that reduction. Only 2 hours and 20 minutes to NYC. You owe it to yourself to see this one!
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,630 | $9,483 | $12,724 |
Total Monthly Payment | $8,755 | $9,608 | $12,849 |
* 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.