Step back in time and own a piece of Catskills history with this spectacular 3-season Victorian gem, nestled near the tranquil shores of Sullivan County's Masten Lake. This 4-bedroom, 1-1/2 bath home, rich in character and charm, offers a rare opportunity to experience the once alluring Sullivan County Club, a meticulously planned vacation community dating back to the late 1800s. Listed on the National Register of Historic Places, this property is a true testament to the elegance of a bygone era. From the moment you step onto the inviting veranda porch, you'll be greeted by the warmth of original hardwood floors, high ceilings, and a flood of natural light that fills every corner of this bright and airy retreat. The spacious renovated kitchen is perfect for preparing meals after a day at the lake, while the charming living room, adorned with touches of stained glass, invites cozy gatherings around the woodstove. The large dining room and sitting room offer ample space for entertaining, and the walk-up attic presents endless possibilities for expansion. Additionally, a partially renovated cottage with a balcony on the property awaits your creative touch ideal for transforming into an art studio, bunkhouse, or playhouse. This home exudes a private, peaceful atmosphere within a neighborhood that feels beautifully preserved in time, yet tastefully updated with fresh colors and modern finishes. The legacy of this community endures, as evidenced by the homeowners' association's continued stewardship of the lakefront cabanas and beach, originally established in the 1940s. These cherished amenities are still enjoyed by residents today, offering the perfect backdrop for summers spent "at the lake, " creating memories that will last a lifetime.
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Our Executive Mortgage Banker:
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$399,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $319,200 | $319,200 | $319,200 |
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 | $378 | $378 | $378 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,577 | $2,575 | $3,190 |
* 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.