Just renovated Sylvan Lake cottage makes for a tranquil vacation destination. This seasonal home, open April-November, makes a great destination for "snowbirds" or locals looking to find some peace outside of the big city. Updates include new kitchen, bathroom, floors, windows, roof, water heater, plumbing, landscaping/tree removal and more. Freshly painted inside and out, this home has been redesigned with "tiny living" in mind to accommodate the whole family and then some. Large 'Trex' style deck to watch beautiful Hudson Valley sunsets or have that morning cup of coffee when you are trying to unwind. Amenities include community pool and clubhouse, as well as close proximity to Sylvan Lake and the Town of Beekman Recreation Center ensuring that you will have many things to do Spring through Fall. Less than 2 minutes drive from TSP as per google Maps. Don't miss out this will not last!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $64,000 | $64,000 | $64,000 |
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 | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $426 | $425 | $549 |
Total Monthly Payment | $501 | $500 | $624 |
* 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.