0 Riders Mills Road, Old Chatham (Chatham), NY, 12136 | $1,350,000

Nestled in the heart of Chatham, this 123-acre pristine wooded paradise is a rare gem. With a serene pond and enchanting old stone walls that meander throughout the property it is a harmonious blend of natural beauty and timeless character. Here are 123 acres of unspoiled land. The property is a truly stunning canvas of mature trees, stone outcroppings and picturesque landscape. There are two road access points for both easy and multiple access points to the property. How convenient to have the choice of entry and development from these two separate roads. They offer ultimate flexibility for either development or the creation of estate privacy. The land is ideally sited to create a secluded country retreat, a compound, or be subdivided into multiple exclusive estate sized lots perfect for discerning buyers. This property clearly defines tranquility meets convenience in sought-after Chatham with its arts institutions, land preserves, range of dining and shopping options and close proximity to the historic hamlets and villages of Old Chatham, Chatham and Kinderhook. There is super easy access to I-90, Albany and The Berkshires. If you are looking for both peaceful seclusion and easy access to these town amenities- this property is for you. Envision a private sanctuary or a thoughtfully planned development with 10+ acres sites. This extraordinary property offers endless opportunities for those who value privacy, exclusivity, and natural beauty.

Features

  • Town: Old Chatham
  • Frontage: frontage on three sides
  • Lot Size: 123.2 Acres
  • School District: New Lebanon
  • MLS#: 155562
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/155562/0ridersmillsroad_oldchatham_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Village Green - Catskill

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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0 Riders Mills Road, Old Chatham (Chatham), NY, 12136

$1,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $1,080,000 $1,080,000 $1,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,389 $6,915 $9,187
Total Monthly Payment $6,514 $7,040 $9,312

* 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.