Orchard Hill is a spacious 1955 mid-century ranch home, with 270 degree views of the Rondout Valley. To the South, the Shawangunk Ridge and Sky Top tower are clearly visible from the property. To the north, the sprawling Stone Ridge Orchard's apple groves and pond. Turn westward and take in the sunsets that make this valley so magical over Mombaccus Mountain and Ashokan High peak. The long driveway brings you up to this hillside oasis, with mature apple trees and lush perennial gardens surrounding the home. A sprawling bluestone patio with hot tub spans the length of the home, with doors from both sides of the kitchen and the primary suite leading outdoors. The formal entrance of the home leads to a light filled living room, dining room, and den. The oversized country kitchen has entrances from the front hall, or directly into the dining room. To the right, find three generous bedrooms, including a massive primary suite. The home was originally four bedrooms, but one was redesigned into a primary bath fit for a king. Dual sinks, soaking tub, and elegant tile shower provide plenty of space for two. The hall bathroom also features two sinks and a large shower. The kitchen has its own powder room as well. Open and spacious, the ranch style layout provides easy living. The den opens to the backyard, where you will find a hillside with apple trees and a mix of lawn and wild meadow. The 3. 57 acre lot is spacious enough to provide privacy, especially with Stone Ridge Orchard behind. The sellers plan to adjust the lot line slightly to deed the road that passes through the Orchard back to that property, resulting in a minimal reduction in overall acreage. The home has been fully vetted and approved as a short term rental by the town of Marbletown, but was recently rented on a long term basis for $6, 500 per month, so if investment is your goal, this property has significant income producing potential. When it comes to location, this property simply cannot be beat. It's just under a mile to Stone Ridge Plaza with a grocery store, wine shop, pharmacy and more. Dining options abound, including Butterfield's at Hasbrouck House, Hash for amazing breakfast and lunch, and of course Ollie's Pizza, just 1. 3 miles away in the heart of High Falls. This home is just 7 minutes to downtown Rosendale, 20 to New Paltz or Kingston, and 10 minutes to Mohonk Preserve's Spring Farm Trailhead. Let the Gunks and the Sundown Wild Forest be your backyard, and don't sacrifice the conveniences of village life on your move Upstate. Orchard Hill truly has it all.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $676,000 | $676,000 | $676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $943 | $943 | $943 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,891 | $4,273 | $5,704 |
Total Monthly Payment | $4,926 | $5,308 | $6,739 |
* 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.