Experience the epitome of historic grandeur and refined contemporary living in the heart of "Queen City", at 16 Garfield Place. Dating back to 1853 and meticulously remodeled over the years, this 7-8 bedroom, 5 bath residence epitomizes timeless elegance with the perfect juxtaposition of historic details, seamlessly combined with present day amenities. Nestled in the heart of the city's prestigious historic district, this home is sited on a sprawling . 72 acre lot and is surrounded by similar caliber homes. Step inside to discover exquisite craftsmanship and period details, from the tiger oak hallway and French empire chandelier to the parquet flooring, pocket doors, custom/ornate fireplaces and mouldings, an homage to the Gilded Age period when this home was first established. The first floor features a grand entry hall which leads to a parlor, a formal living room, formal dining room, a study and a stunning chef’s kitchen which flows seamlessly into a spacious solarium offering garden views and creating an ideal setting for relaxation and entertainment. The second floor boasts 4 wonderfully sized bedrooms (one with kitchenette/ensuite bath potential) and two full baths. The third floor includes 3-4 more bedrooms, a full bath, plus another kitchenette/studio and even more storage. With 11-foot ceilings on the main level and 9-foot ceilings on the second, the home exudes a sense of grandeur and space. Additional highlights include a separate office/flex space with it’s own entrance (also it's own furnace, AC and thermostat), full unfinished basement with walkout, a charming potting shed and a brick 1 car garage at the rear of the property (with additional access from South Ave. ) which provides added convenience and potential for creative use such as art studio, storage rental, etc. Some updates include 3 new furnaces (96% high-efficiency) and updated plumbing and electric throughout. Roof is about 12 years old and HWH is approximately 7 years old. Located within walking distance of the Bardavon performing arts center and Poughkeepsie's thriving culinary and arts scene, just minutes to Metro North, Vassar Brothers Hospital, the Culinary Institute of America, Marist and Vassar Colleges and much more. This residence offers an unparalleled lifestyle of sophistication and convenience. Now is your chance to own this historic masterpiece – schedule your private tour today. Invest in the past and discover YOUR future here on Garfield Place! Clink on the Virtual Tour link for floor plans and 3D interactive experience. Additional Information: Amenities: Storage, ParkingFeatures: 1 Car Detached,
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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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $1,117 | $1,117 | $1,117 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,772 | $4,801 |
Total Monthly Payment | $4,934 | $4,981 | $6,010 |
* 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.