This exceptional building lot presents a rare opportunity to craft your dream home right on the doorstep of Windham Mountain. Offering the ultimate canvas for those aspiring to design a bespoke winter retreat or year-round sanctuary, this plot is positioned within a short distance to the base lodge, amidst a community of luxury homes and duplexes. The current owners, with a keen eye for design, provide added value through professional architectural drawings and site plans tailored for this specific lot. These plans showcase the potential for a stunning 4-bedroom, 2800 square foot, two-story single-family residence or a stylish multi-family duplex, aligning with the elegant architectural vernacular of the area. Being part of the Windham Mountain Homeowners Association, residents benefit from essential services including road maintenance, as well as sewer and water services, ensuring peace of mind and convenience. Whether you choose to utilize the seller's visionary plans or bring your own dream designs to life, this plot is a blank slate ready for transformation. Ideal for those passionate about outdoor recreation or a developer eager to make their mark in the bustling Windham real estate market, this lot promises a blend of adventure and tranquility. Envision creating a four-season vacation home or an investment property in the heart of the Catskills. The opportunities here are as vast as the surrounding landscapes. Embrace the chance to build not just a home, but a legacy in Windham.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,526 | $3,205 |
Total Monthly Payment | $2,571 | $2,601 | $3,280 |
* 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.