Don’t miss this once-in-a-lifetime opportunity to grab one of the region’s best 4-season views of the Hudson River. This wide and deep 76+ acre site, located midway between Kingston and the Village of Saugerties and only 2 hours from NYC, features no less than a quarter-mile of prime Hudson River frontage, unobstructed by train tracks or road, plus 2 points of entry from Route 32. A mix of flat wooded fields opening to spectacular hilly terrain as you get closer to the waterfront, the property offers a dramatic bird’s eye view of the river plus state lands and tranquil Dutchess County farmland beyond. Zoned for Low Density Residential development (2-acre minimum lots) close to the river, and Moderate Density Residential development (1-acre minimum lots) on other portions, the parcel offers a diverse range of potential investment options, with a long and logical road path already roughed in from Route 32 all the way to the waterfront. Secluded and quiet, the site is also perfect for a single dream home, or compound, with a . 65-mile approach through flat woodlands leading to the stunning and panoramic hillside perches above the Hudson.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,960,000 | $1,960,000 | $1,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,975 | $11,909 | $16,145 |
Total Monthly Payment | $11,100 | $12,034 | $16,270 |
* 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.