Cabin on Shandelee is a beautifully updated home that offers contemporary style with breathtaking views of the surrounding Catskills landscape. Sitting on 2 acres atop Shandelee Mountain, just minutes outside of Livingston Manor, NY, the property is a desirable mix of scenic beauty and convenient location. The original house was torn down to the foundation and rebuilt in 2015, and now boasts fresh, modern design. The sliding glass doors and windows found in every room allow abundant natural light to flood the living spaces, creating a warm and inviting atmosphere. The open-concept floor plan seamlessly connects the living room, dining area with wood burning stove, and kitchen, making it an ideal space for entertaining. The primary bedroom has plenty of room for a king sized bed, and also features a walk-in closet and a private en suite bathroom. The generously sized guest bedroom provides comfortable accommodations for your guests or family. A separate, detached bedroom/studio, just steps from the front door, offers additional flexibility for guests, home office, or creative pursuits. This versatile space can be easily adapted to suit your needs. The property has a proven track record as a short-term rental. In addition to being a beautiful vacation home, Cabin on Shandelee also works as an income producing property. Whether or not it is your intention to rent the property, it is a tremendous value to have the option. The location is within walking distance to local stalwart The Arnold House, which features a popular tavern, new swimming pool, and nature trails. Beyond that, a 10 minute drive will get you to the buzzy town of Livingston Manor, where you can find a modern art gallery, wine bar, coffee shops, cafes, grocery stores, and excellent retail shopping. Appliances: Electric Water Heater
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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 | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $573 | $573 | $573 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,079 | $3,972 |
Total Monthly Payment | $3,825 | $3,744 | $4,637 |
* 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.