Welcome to an unparalleled opportunity to own this top of the world, breathtaking 105 acre historical property located in Nassau NY, Rensselaer County. This large parcel provides a perfect balance of natural beauty and developmental potential. Dramatic western sunsets of the Catskills, and views of the downtown Albany Plaza are provided courtesy of high elevation and a cleared area that allows one to sit, have a campfire, and indulge in the spectacular scenery!This parcel has multiple cleared building sites and an access road which makes it easy to construct your dream home, family compound, equine estate, farm and/or many other ventures. This historic property was originally owned by New York State's Lieutenant Governor Stephen Van Rensselaer circa 1796. This parcel provides a savvy buyer with low taxes and a world class property located just 18 miles from Albany, 15 miles from Jiminy Peak ski resort and the Berkshires, and 1. 5 miles north of the Columbia County border. Recreation opportunities abound as the existing road provides full access through the entire length of the parcel. Hiking, camping, horseback riding, hunting, birdwatching, cross country skiing, snowshoeing, ATV riding are just SOME of the activities that can be done on this exceptional property! This parcel was previously an old farm and thus has a myriad of stone walls and mature trees for one to wander about and explore. There is 450 ft. of private road frontage and a cleared entryway off Dusenberry Hill Road. Power is easily accessible as it runs adjacent to the property. Plentiful educational opportunities abound as this parcel resides in the East Greenbush School District. Additionally, the University at Albany, RPI, Albany Law School, Albany Medical College, Siena, Russel Sage College and HVCC all are within a 30-35 minute drive time. Additionally, The Rensselaer Plateau Alliance provides hiking forests and recreational areas only minutes away. Enjoy all your outdoor activities in this secluded and peaceful private retreat. Escape the hustle and bustle all year round in this idyllic setting where ALL possibilities abound!
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Our Executive Mortgage Banker:
Our Insurance Division:
$479,800
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $383,840 | $383,840 | $383,840 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,554 | $2,551 | $3,291 |
Total Monthly Payment | $2,629 | $2,626 | $3,366 |
* 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.