Delightful and charming cottage with some surprising large open spaces for a home under 2, 000 sq. ft. One house in from E. Lake Road hidden so offers the desired privacy not often available. Set on a Spectacular Historic 1. 6-acre lot features stone stanchions, boulder stone walls, ruins and stone steps. Flat usable land surrounds the home. One area offers seasonal main lake views and behind the home some of the historic walls create a courtyard feel. First floor entry foyer 2 story living room, formal dining, primary bedroom with full ensuite bath, well-appointed kitchen, additional back door to stone patio and full-size awning, half guest bath and guest closet. Second level has balcony and area large enough for an office or den space, 2 bedrooms and a full bath. Lower level recently finished is full length of house, bright and light, beautiful new hardwood floors. A wall of closets, mechanical room, laundry room other storage areas (possible wine closet) additional full bath completes this generous entertaining/play area. This property's is magical and must see. Private and historic Tuxedo Park is a small 24/7 gated police-guarded community within an hour of mid-town Manhattan. The Village offer swimming, boating, biking, fishing and hiking at your doorstep.
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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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,333 | $1,333 | $1,333 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,836 | $5,309 | $7,088 |
Total Monthly Payment | $6,294 | $6,767 | $8,546 |
* 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.