LAKEFRONT BEAUTY - 4. 2 ACRES ON WASHINGTON LAKE IN YULAN, NY - Washington Lake is a 68 acre stunning crystal clear lake that does permit motorboats/jetskis. The home has a rich history on the lake and once was The Washington Beach Hotel a favorite vacation destination for many, the gorgeous original bar now serves as the kitchen masterpiece where you can cook up breakfast for everyone before heading out for a day on the lake. This home is the quintessential family lake home with three decks, enough space/rooms for everyone to enjoy, did I mention a hot/cold outdoor shower? The third floor/attic space is a very large partially finished suite offering a picture window, high ceilings and lots of light, overlooking the lake. You don't often find this kind of lakefront acreage that offers privacy with approximately 298' of lake frontage. What better way to end a day at the lake than sitting by the burning pit and enjoying the SPECTACULAR sunset directly across the way, you'll never want to leave and your memories will be priceless. All furniture included, just bring your bags. Approximately 2+ hrs from NYC, 30 minutes to trains makes this special home a very easy commute. Close by you'll find many quaint towns for dining/shopping, the Delaware River for rafting/fishing, Bethel Woods Preforming Arts Center, Kartrite Indoor Water Park, Resorts World Casino, skiing at Holiday Mountain/Big Bear at Masthope Mountain, many amazing hiking/biking trails and absolutely the best farmers markets you'll find anywhere, all for a very beautiful life in the country.
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Our Executive Mortgage Banker:
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$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $750 | $750 | $750 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,810 | $4,891 |
Total Monthly Payment | $4,701 | $4,652 | $5,733 |
* 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.