An exceptional 68 acre property on the highly sought after Quaker Hill of Pawling. The parcel features 24 acres of clear and level land seamlessly blend with old woods crossed by meandering streams and historic trails dating back to the revolutionary era. Nestled in Quaker Hill's esteemed equestrian community, this property offers panoramic views of neighboring mountains and expansive estates. The possibilities here are vast: build your dream home amidst breathtaking vistas, utilize the ample cleared space (formerly a grass airstrip) for livestock grazing or horse paddocks, construct barns or a caretaker's cottage, and explore the 40 acres of wooded terrain with UTVs or hiking expeditions. With over 730 feet of frontage along Tracy Road and an entrance at a bend in Old Quaker Hill Road, the drive unfolds through cleared land leading to a spacious open area perfect for a residence, overlooking a vast pasture with unobstructed 360-degree views. This land, once an airstrip, now zoned as a "horse farm" by the town, showcases its equestrian potential with ample room for paddocks. Additionally, there is potential for subdivision, offering the opportunity to create two additional lots. Located just minutes from the charming Village of Pawling with its array of restaurants, bakeries, shops, pubs, and a Metro North station for convenient travel to NYC.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,819 | $6,399 | $8,630 |
Total Monthly Payment | $5,944 | $6,524 | $8,755 |
* 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.