Bell Hollow Road, Putnam Valley, NY, 10579 | $260,000

Build your dream home in a quiet secluded glen, opposite 14, 086 acre Fahnestock State Park. Come and explore eight-plus acres of park-like forest. A brook cuts through, three-minute walk in from the road, that runs year-round, fed from the park at Canopus Lake, stocked with game fish.
Buyer is to obtain any and all requirements for a building permit which is required to build on this property. This 8. 66 acres is towards the end of the dead end road located after house #205 on left and is Surrounded by Fahnestock State Park with 7. 3 miles of hiking trails. There is 309 feet of road frontage which provides direct access to power & fiber internet, property widens in the back. No one can build behind because the property abuts "The Appalachian Trail". State land is across the street so no one can build there. Property is located 20 minutes to the MTA Hudson Line Train Station 75 Minutes from NYC. The Seller made a natural path to follow to the Brook from the road. Enjoy the walk

Features

  • Lot Desc: Hilly, Rolling Slope, Sloped, Wooded
  • Elem. School: Putnam Valley Elementary School
  • Middle School: Putnam Valley Middle School
  • High School: Putnam Valley High School
  • School District: Putnam Valley
  • MLS#: H6312401
  • Days on Market: 166 days
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /raveis/H6312401/bellhollowroad_putnamvalley_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Patricia MorelockLicensed Real Estate Salesperson

845.304.1985

Patricia.Morelock@raveis.com

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Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 24240

914.494.1459

Vincent.DiMella@raveis.com

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978.457.6220

Jennifer.Hart@raveis.com

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Bell Hollow Road, Putnam Valley, NY, 10579

$260,000

Patricia Morelock

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 845.304.1985

Patricia.Morelock@raveis.com

Vincent DiMella

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.494.1459

Vincent.DiMella@raveis.com

NMLS Mortgage Loan Originator ID 24240

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $208,000 $208,000 $208,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.802% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,349 $1,332 $1,727
Total Monthly Payment $1,424 $1,407 $1,802

* 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.