Incredibly charming, original details, plus mountain views this renovation opportunity just awaits your vision. With a front porch overlooking the Shawangunk Ridge and a prime location right between Kerhonkson and Ellenville, it's easy to envision just how special this home will be! The updated kitchen provides a great jumping off point while you renovate room to room. There is plenty to preserve here with beautiful hardwood floors, the home's original staircase, and a vintage cast iron tub. Outside you will find this property perfectly tucked into the hillside with unobstructed views of the majestic ridge beyond. This low-maintenace lot has updated landscaping, flowering trees, two storage sheds, and plenty of room to start a veggie garden or wildflower meadow! The current owner has paved the way for the next owner by addressing all structural concerns, replacing the existing basement mounted 275 gallon oil tank and recommissioning the heating and h/w system, as well as additional repairs. A highly regarded local architect has already created draft plans for how the home could be reconfigured in a renovation. There are some great financing options for a project like this and we can share additional details upon request! This property is connected to municipal water and sewer. Head in any direction from this home and you'll find great options for coffee, dining, markets, and more. Morning Sunshine, Everything Nice, Market on Market, Mill + Main, Flying Goose Tavern, Harana Market, Blue Bird Wines . The list goes on and on, with all of these places just 13 minutes or less away! Enjoying the outdoors is just as easy with Minnewaska State Park 15 minutes away. Venture 25-35 minutes away and find both New Paltz and Kingston, and you're only 85 miles to the GWB!
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William Raveis Real Estate
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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 | $184,000 | $184,000 | $184,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $389 | $389 | $389 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,223 | $1,578 |
Total Monthly Payment | $1,688 | $1,687 | $2,042 |
* 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.