Uncover the potential of this delightful fixer upper in the serene hamlet of Haines Falls, NY. This historic home boasts 4 bedrooms, 2 bathrooms, original hardwood floors, and newer windows, all situated on a generous 0. 87-acre lot. Surrounded by the natural beauty of the Catskills, this property is a true gem waiting to be restored to its former glory. Upon entering the home, you'll be greeted by the warmth of the hardwood floors and the character of the original features. The spacious layout provides ample room for both living and entertaining, with plenty of natural light. This home offers a unique opportunity for those with a passion for restoration. While the property requires work, it presents a canvas for creating a personalized retreat in the Catskills. With some tender loving care and creativity, this home can be transformed into a showcase of its original beauty. One of the standout features of this property is its location. Just a short drive away, you'll find Hunter Mountain, renowned for its skiing and snowboarding in the winter. Kaaterskill Falls, one of New York's most stunning natural attractions, is also nearby, offering hiking trails and breathtaking views of the cascading waterfalls. Whether you're seeking a year-round residence or a vacation getaway, this historic fixer upper is a rare find in a sought-after location. Cash or rehab loan for purchase.
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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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,046 | $1,046 | $1,333 |
Total Monthly Payment | $1,121 | $1,121 | $1,408 |
* 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.