Sunset Terrace-When the morning light shines through the two story stained glass windows, to the sun setting over the majestic Catskill Mountains, this vintage Dutch Farmhouse is now on the market for the first time in 50+ years. Sited a good distance from the road, down a circular driveway, the 5. 4 acres directly overlooks west towards the breathtaking views of the Catskill Mountains, and is bordering the Tivoli Bays Nature Preserve. Built in 1901 with a grand architectural style, it resonates charm and grace. There are beautiful hardwood floors throughout, high ceilings on both levels, the uniquely shaped windows, and three fireplaces. A walkup attic for whatever your imagination brings, while the large garage and full basement has plenty of storage and would make a great workshop or studio. Of course, the true magic here is the sweeping views and endless possibilities this extraordinary property offers. Make this Dutch Farmhouse the home of your dreams. Appliances: Electric Water Heater
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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 | $636,000 | $636,000 | $636,000 |
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 | $1,008 | $1,008 | $1,008 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,231 | $4,227 | $5,363 |
Total Monthly Payment | $5,331 | $5,327 | $6,463 |
* 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.