Experience one of the most stunning vistas of the Western Catskills at Tower Mountain, an exceptional 25 acre lot with a thoroughly prepared build site. The land has been intentionally cleared in an area that captures the best long range views of the mountains and the Cannonsville reservoir. Build your full-time dream home or a peaceful retreat, this property combines natural beauty with easy accessibility. Tower Mountain's 25 acres are blanketed ineastern hemlock, haple, and birch trees giving the cleared buildable area a private, nestled feeling amongst the woods. Wildlife abounds with white-tailed deer, bald eagles, and even the occasional black bear roaming the woods. Many thoughtful preparations have been completed at the build site. The area has been excavated, select trees removed to open up the view, grass planted, and successfully perc tested. There is both electricity and high-speed cable internet on the paved town road. Finally, there is already a gravel driveway built to to the clearing. The driveway is short enough for convenience, but long enough for total privacy. Everything is there but your dream house. The areas around Tower Mountain are an outdoorsman's paradise. The Rock Rift Fire Tower hike is just around the corner, or take your kayak to the Cannonsville reservoir which is only 1 mile away. There are countless other opportunities for hiking, fishing, mountain biking, or whatever other adventure you wish to find. The property is about a 20 minute drive from the useful towns of Walton, Hancock, or Deposit. Any of these towns provide amenities such as grocery stores, dining, shopping, and entertainment. The property is 2 hours and 45 minutes from the George Washington Bridge, so easily within reach for a weekend getaway from the city. You truly need to visit the property to understand its unique and majestic beauty. Book a showing today! CurrentUses: Single Family,
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $2,470 | $2,468 | $3,111 |
* 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.