Opportunities like this seldom arise-this truly exceptional and exclusive listing on private Little Whaley Lake, a serene 46-acre spring-fed, motor-free lake with only six homes. This lot offers 150 feet of lake frontage and a private dock, ideal for peaceful swimming, fishing, kayaking, and regular sightings of the resident heron. The 2-story cabin, built in 1906, retains its original character, featuring 5 bedrooms, an authentic fireplace, propane lighting, and is equipped for propane appliances. This cabin also boasts a wraparound front porch and a second-floor balcony offering a rare chance to own a property that embodies true tranquility and timeless charm. The cabin requires updating, but the blueprint is there for your imagination to complete as you want. Located in Pawling, NY, just 70 miles from NYC, the property is easily accessible by car or via Metro-North station in town. Proof of funds or a bank letter is required. Showings by appointment only accompanied by realtor.
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$799,999
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 | $639,999 | $639,999 | $639,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,312 | $4,204 | $5,397 |
Total Monthly Payment | $4,660 | $4,552 | $5,745 |
* 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.