425 Spring Lake Road, Red Hook, NY, 12571 | $550,000

Discover the potential of this three-bedroom, one-bath cottage with a barn and garden, set on 17 picturesque acres in the heart of the Hudson Valley. Nestled along the shores of the private, spring-fed Spring Lake exclusive to residents this property offers a rare blend of tranquility and opportunity. Historic stone walls and natural stone outcroppings adorn the landscape, creating a charming backdrop for your vision. Whether you're looking to renovate or build your dream home, this slice of heaven provides the perfect canvas. Explore the peaceful grounds, paddle the serene waters of Spring Lake, or simply bask in the beauty of nature. Bring your imagination and make this idyllic retreat your own. Opportunities like this are hard to find don't miss out! Located just minutes from the heart of Red Hook, Bard College and the Taconic Parkway, this property combines rural serenity with convenient access to nearby amenities.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Cottage
  • Year Built: 1964
  • Garage: 1-car Detached
  • Heating: Oil, Forced Air
  • Cooling: Zoned
  • Basement: None, Unfinished
  • Approx Sq. Feet: 988
  • Acreage: 17.38
  • Est. Taxes: $5,500
  • Water Front: Yes
  • Middle School: Linden Avenue Middle School
  • High School: Red Hook Senior High School
  • School District: Red Hook
  • MLS#: H6329814
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/H6329814/425springlakeroad_redhook_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 FOUR SEASONS SOTHEBY'S INT'L REALTY RH   Phone: 845-876-5100

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

425 Spring Lake Road, Red Hook, NY, 12571

$550,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $440,000 $440,000 $440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $458 $458 $458
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,927 $2,924 $3,711
Total Monthly Payment $3,477 $3,474 $4,261

* 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.