Lakefront living with million-dollar views, all in the Blue-Ribbon Cornwall Central School District. . . Located one hour from New York City this 4 BR 3 Full Bath recent remodel has three levels of new Trex decks with 7 decks in all with lake & mountain views. The top level boasts an exquisite primary bedroom suite with vaulted ceilings, a wall of windows, and a private deck. A full bath with a jacuzzi tub and a sitting/office area completes the primary suite. There is also a second bedroom on the top level. The second floor has a beautiful open living/dining area, a kitchen, dining room, full bath, and extra living area/game room with a pool table and vaulted ceilings. The bottom level offers a family room, two bedrooms, and a full bath with a separate entrance, allowing for amazing In-law suite mother/daughter or AIRBNB rental potential. It currently has plumbing ready to go for the lower-level kitchen with your dream vision. This level also includes an exercise room and a beautifully restored covered porch that leads to the outdoor living area, complete with a patio and Trex deck enclosed pool. The outside property includes mature landscaping, front privacy fence, large parking area, front porch, walkway leading to the lake, pergola arbor, large storage area and a shed. The lake owners' lake right includes a clubhouse and access to a private beach 2 houses from the property. This home has all the privacy and accessibility the Hudson Valley offers. This property is a commuters' dream, perfectly located only 5 minutes to the Salisbury Mills train station, 10 minutes to Stewart International Airport, 15 minutes to West Point, and one hour to NYC.
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William Raveis Real Estate
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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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $1,067 | $1,067 | $1,067 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,941 | $3,987 | $5,059 |
Total Monthly Payment | $5,100 | $5,146 | $6,218 |
* 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.