Total renovation required and possible expansion to create your own dream home on almost 3 acres with privacy and serene lake access! This one-of-a-kind log-style home is nestled atop a ridge in the highly sought-after Lake Woodrock. Lake rights to a pristine sandy beach, perfect for swimming, fishing, and boating, to enjoy year-round outdoor fun and lots of community gatherings. The property includes a detached two-car garage with a studio above, ideal for an artist or home office. The main home features a spacious front and rear porch, providing the perfect setting to relax and enjoy the changing seasons. Inside, the great room impresses with a beautiful stone fireplace and a soaring cathedral wood beam ceiling. Lofts on either side of the great room overlook the space, adding character and charm. The spiral staircase leads to three spacious bedrooms on the second floor, ensuring ample space for family or guests. Step outside to the wonderful patio and take in the rolling landscape and the close proximity to the private 5-acre lake, surrounded by 45 unique and eclectic homes. Whether you’re enjoying the country retreat feel or knowing you’re just one hour away from Manhattan, this property offers the best of both worlds. There are no audio recording devices inside this property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,222
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 | $479,378 | $479,378 | $479,378 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $1,236 | $1,236 | $1,236 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,230 | $3,186 | $4,043 |
Total Monthly Payment | $4,558 | $4,514 | $5,371 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.