Location Location Location! This charming well-maintained cottage, nestled in the magical Catskill Mountains, is only seven minutes from Belleayre Mountain, an outdoor lover's paradise with skiing, mountain biking, rock climbing, swimming, and hiking right at your fingertips. Belleayre also plays host to a vibrant music scene with events throughout the year. Five minutes away, the quaint village of Margaretville invites you to explore its charming shops, delicious eateries, and a lively arts scene with a local theater and several galleries. Enjoy the soothing sights and sounds of Dry Brook Creek along with beautiful mountain views right across the road from the cottage. The interior features hardwood floors throughout and a bright spacious living room that opens to a large eat-in kitchen. Not included in the official square footage is the semi finished walk-out lower level which adds approx. 448 sq ft of additional flexible space, ideal as a recreation room and third bedroom. Situated walking distance from the quaint town of Arkville, with its cozy mom-and-pop shops and small-town charm. The cottage is also a short drive from world-class fishing at the Pepacton Reservoir and East Branch of the Delaware River. Live here and be right in the middle of everything the Catskill Mountains have to offer. Lovingly maintained for 20 years, this home is ready for new owners looking to relax, unwind, and find adventure whether as a short-term rental or full-time retreat.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $228,000 | $228,000 | $228,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $162 | $162 | $162 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,515 | $1,955 |
Total Monthly Payment | $1,754 | $1,752 | $2,192 |
* 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.