Nestled in the foothills of the Ramapo Mountains in the Town of Tuxedo Park NY, this completely rebuilt and reimagined home is like new from roof to systems. The architecture is by noted local architect Chris Papaleo, who did all of the architectural design work for Valley Rock Inn and The Ranch Hudson Valley. Both of these are significant properties located in the adjacent Village of Sloatsburg. Chris is known for his love of the mountains and brings that sensibility to the spacious 4 bedroom, 3 Full & 2 Half Bath home. There is also an office, mudroom, bonus finished room in the lower level, a two car garage and expansive storage spaces. The open plan main floor flows from the outdoors in. There is an oversized kitchen with a large Viking Range, adjacent walk-in pantry and laundry room. There are two wood burning fireplaces and beautiful historic barn beams. The home is sited on a double lot with beautiful landscaping and opens on to open space for privacy and serenity of nature. There is a seasonal waterfall and brook that flows through the edge of the property. In the garden there is a high-end hot tub. The neighborhood is historic and very popular because it offers an easy walk to school, the town of Tuxedo and the train station to NYC. The finishes are the type you would expect to find in a multimillion dollar home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,175,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $940,000 | $940,000 | $940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $600 | $600 | $600 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,337 | $5,864 | $7,869 |
Total Monthly Payment | $6,062 | $6,589 | $8,594 |
* 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.