The 1930s was a storied time in Greenwood Lake, when Babe Ruth could be found fishing from an east arm dock, Greta Garbo was having cocktails at the Continental Hotel or Harlem Renaissance poet Langston Hughes was entertaining an A-list of literary luminaries. It was also when many of the craftsman homes were built in Greenwood Park, one of Greenwood Lake’s premiere private communities. Here residents enjoy a private beach that’s just steps away from the house, yoga classes commence on the pier and sunsets are unmatched. Enjoy lake life at its best from the expansive lawn, walk into water concrete stairs, and 50-ft dock that can accommodate 2 boats in the desirable no wake zone of the lake. The fully fenced backyard is complete with a new firepit area, an outbuilding office/studio and a detached garage turned game room. Ideal for entertaining with its sweeping staircase from the back deck that naturally extends to the great lawn, formal dining room and living room with a grand fireplace this classic craftsman maintains all the charm and details of its era, while incorporating improvements like a new roof, new kitchen and appliances, new bathroom, central air conditioning, and many more extras. It’s truly a 1 of 1 property that celebrates, art, architecture and a life well-lived. Property is a registered and established short term rental.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $1,253 | $1,253 | $1,253 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,847 | $7,534 | $10,214 |
Total Monthly Payment | $8,225 | $8,912 | $11,592 |
* 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.