Charming 2 bedroom (plus additional sleeping porch) in Catskill Lake Community. This seasonal home feature's Two cozy bedrooms, one of which features a private entry door and a fireplace, providing added convenience and privacy. There is an additional sleeping porch, perfect for guests or a serene reading nook, this extra space ensures you have room for everyone. There is a quaint sitting area that leads to the dining room and kitchen. The living room/sunroom has a large propane fireplace, is bathed in natural light and doubles as a spacious living area, perfect for relaxing or entertaining with an additional area that can be used as an office space or additional dining area. This home has a lot of rustic charm with vaulted beamed ceilings and knotty pine walls. The yard is spacious and serine with a koi pond, stone patio, stone steps, hammock, firepit and plenty of space to entertain. The parking area can accommodate up to 8 cars, parking will never be an issue for you or your guests. This home has a lot of charm and would make a great Airbnb. Walking distance to Mountain Lake, a serene non-motorized lake in Smallwood where you can kayak, fish or relax on the beach. Smallwood has a 100 acre hiking trail, a forest reserve with a mini waterfall, outdoor circuit training facility along a babbling brook, a dog park, a heated pool and 2 club houses, pickleball, tennis and handball courts, a ballfield, basketball court, a pub/restaurant and more. Roof is 2 years old. Close to Bethel Woods (Original Woodstock Festival Site), Catskill Resort Casino, Toronto Reservoir, Swinging Bridge Reservoir, restaurants and shopping. Low Taxes.
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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 | $116,000 | $116,000 | $116,000 |
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 | $147 | $147 | $147 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $772 | $771 | $995 |
Total Monthly Payment | $994 | $993 | $1,217 |
* 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.