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Great value in Monticello! Move right in or get your Airbnb started in this spacious ranch situated on an oversized lot, with lake rights to Melody Lake. 738 Rose Valley Road is a country charmer located on the border of Monticello and Forestburgh. The house offers three bedrooms and two bathrooms, spread out over 1, 692 square feet. The eat-in kitchen offers a peninsula and stainless-steel appliances. The large living room features cathedral ceilings and plenty of space for a large couch. Off the living room is a massive sunroom with exposed wooden beams and a slider out to the yard. These two rooms offer ample space for get-togethers and parties. In addition to the three bedrooms, there is a bonus room that can be used as a 4th bedroom, den, or home office. There are two full bathrooms, one of which has a washer & dryer. The third bedroom also provides secondary access to the garage. There are plenty of closets and ample storage space throughout the house. On the outside, a circular driveway leads to the spacious two-car garage. With almost an acre of land, there is plenty of space to play, relax or entertain. The grounds are nicely landscaped and offer lots of shade and privacy. Melody Lake is a peaceful, private lake for non-motorboat water activities. Located right up the road from all the shopping and entertainment that Monticello has to offer, you are close enough for convenience but far out enough to enjoy quiet and privacy. Resorts World Catskills & The Kartrite Indoor Water Park are located about 10 minutes away, as are Walmart, Shoprite and a myriad of other shopping options. Melody Lake does not have an HOA and short-term rentals are allowed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $398 | $398 | $398 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,617 | $1,595 | $2,058 |
Total Monthly Payment | $2,090 | $2,068 | $2,531 |
* 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.