119 ACRE AMAZING HORSE FARM IN GARDINER - A true haven for horse & owner alike with unobstructed, breathtaking & phenomenal views of the Shawangunk Mountain Ridge. This panoramic vista will take your breath away! A wonderful mix of open fields, extremely fertile land, pastures & small, wooded area. 2740' of Wallkill River frontage & 2, 328' of road frontage. The main residence is a 2-family ranch home. In addition, there is a charming vintage stone house presently set up as a two family. There is a 70x150 indoor riding arena w/attached 38x75 stallion barn w/9 stalls & 3 tack rooms and two apartments. Additional 40x120 upper barn w/18 stalls, 3 paddocks & wash stalls. Additional 32x90 lower barn w/16 stalls & 3 paddocks, wash stalls & nearby run-in shed. 38x80 hay barn which holds appx 300 round bales. 31x60, 5 car machinery garage. This property features separate services to each house, riding arena & barns and a total of 43 stalls. Open space conservation easement to protect the integrity of land & the view shed. This property is in an Agricultural District. Taxes are a total of $5, 5500 because of the agricultural exemption. Near New Paltz, Mohonk and Minnewaska State Park, Grasslands National Park, and major commuter roads.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,332,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,665,600 | $2,665,600 | $2,665,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 7.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.683% | 7.267% | 7.207% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,289 | $17,959 | $23,959 |
Total Monthly Payment | $17,414 | $18,084 | $24,084 |
* 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.