64 Wells Road, Newburgh, NY, 12550 | $580,000

*** STILL TIME TO CUSTOMIZE YOUR FINISHES! Estimated completion: February 2025***Introducing THE ELM model, a stunning new build nestled on 1. 16 acres of land in the heart of the Town of Newburgh. This meticulously crafted single-family home features 4 bedrooms and 3 full baths, offering a perfect blend of luxury and comfort. The upper level dazzles with gleaming hardwood floors throughout, a warm and inviting living room adorned with vaulted ceilings and a gas fireplace, and a custom kitchen boasting granite countertops and a central island with a seating overhang. Retreat to the luxurious master bedroom complete with tray ceilings, a spacious walk-in closet, and a private bathroom featuring a double vanity and tiled shower. Downstairs, discover a generous family room with a second fireplace, another bedroom, a full bath, a convenient laundry room, and a 2-car garage. Equipped with state-of-the-art heat pump systems, this home ensures optimal comfort and energy efficiency year-round, lowering utility bills and reducing environmental impact. Located in the picturesque Hudson Valley, Elm Farm Estates offers a vibrant and tight-knit community atmosphere, where neighbors become friends and every corner holds a story. Enjoy easy access to an array of amenities, from quaint village shops to bustling eateries, enriching daily life. With 52 brand-new construction homes, we present six carefully selected floor plans that cater to every preference, from elegant colonials to charming ranches and contemporary bi-levels. Each residence boasts modern features and spacious layouts designed to accommodate your lifestyle. Enjoy the serene backdrop of surrounding trees and views, creating an idyllic setting for your dream home. Conveniently situated off Highways I-84 and I-87, Elm Farm Estates provides seamless access for your daily commute. Explore neighboring towns, or venture into New York City, just 60 miles away, via the nearby Metro North. Newburgh is a fast-growing hub for businesses and new work opportunities with major companies established in the area and more on the horizon. Don't forget to visit our website for more information, including a 3D simulation video of Elm Farm Estates. Additional Information: ParkingFeatures: 2 Car Attached,

Features

  • Amenities: Park
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Colonial, Contemporary
  • Year Built: 2024
  • Heating: Other, Forced Air
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 2,210
  • Acreage: 1.16
  • Est. Taxes: $13,116
  • Lot Desc: Near School, Near Shops, Near Public Transit, Level
  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Appliances: Electric Water Heater
  • MLS#: H6332352
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/H6332352/64wellsroad_newburgh_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 eXp Realty   Phone: 888-276-0630

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

64 Wells Road, Newburgh, NY, 12550

$580,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $464,000 $464,000 $464,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $1,093 $1,093 $1,093
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,126 $3,084 $3,913
Total Monthly Payment $4,311 $4,269 $5,098

* 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.