1297 Route 343, Dover Plains (Washington), NY, 12522 | $7,900,000

Nestled in the heart of natural beauty, this extraordinary property offers over 440 acres of pristine land in the municipality of Washington. A rare find, this expansive tract of land is a harmonious blend of rolling hay fields, lush pastures, mature hardwood forests, three tranquil ponds and meandering stream. The property rises from east to west, providing breathtaking views across the Harlem Valley from the vast level areas on the western side. Multiple building sites to choose from as the elevation rises to 1, 175 feet. The open and cleared land, coupled with an extensive network of trails, offers endless opportunities to explore the abundant wildlife and enjoy the utmost privacy. The property comprises five parcels: 332 acres, 88 acres, 10 acres, 9 acres and 1 acre. One of which features two homes a spacious 2, 272 square foot gracious ranch-style home and a vintage 1, 704 square foot two-story farmhouse. Additionally, there are multiple sheds, barns, and a detached garage, providing ample storage and utility. With plenty of room to build multiple residences, this land also offers the advantage of agricultural tax exemptions, making it an ideal investment for those looking to develop or maintain a rural retreat. Current Ag exemption in place reduces taxes from $127, 520 to $79, 679. Don't miss the chance to own a piece of paradise with commanding views, unparalleled natural beauty, and endless potential. Be sure to click on the virtual tour icon to do a 360 degree panorama tour from 7 different areas of this incredible parcel!

Features

  • Town: Dover Plains
  • Zoning: Other
  • Lot Desc: Level, Cleared, Views, Secluded, Wooded, Part Wooded, Possible Sub Division, Sloped, Rolling Slope
  • Elem. School: Dover Elementary School
  • Middle School: Dover Middle School
  • High School: Dover High School
  • School District: Dover
  • MLS#: H6325302
  • Days on Market: 79 days
  • Website: https://www.raveis.com
    /prop/H6325302/1297route343_doverplains_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of McGrath Realty Inc   Phone: 845-8555550

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1297 Route 343, Dover Plains (Washington), NY, 12522

$7,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,320,000 $6,320,000 $6,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.348% 5.911%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,390 $38,913 $52,482
Total Monthly Payment $35,515 $39,038 $52,607

* 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.