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351 North Settlement Road, Windham, NY, 12496 | $1,799,000
Fantastic Price Improvement & Tax Reduction for 2024!What was once out of reach could now be yours! Windswept Farm is an exquisite property in Windham New York offering a completely renovated 1800's home featuring luxury interior and exterior finishes. The property is encompassed by beautiful mountain views including those of Windham's slopes. 114 picturesque acres consists of the perfect combination of 27 acres of fenced pastures, evergreen forest, wide stream, pond, 2-story barn and a timber-peg carriage house with large entertaining space above. Located in an absolutely ideal location, this property lends itself to many opportunities. Enjoy as your own full-time residence or weekend escape, create a beautiful new subdivision of homes (approximately 1, 850 ft of road frontage, ) or explore the possibilities of a glamping or wedding/event space. With the recent announcement of new ownership of the Windham Mountain Club and plans for future expansion and development, this property has incredible income and resale value!The possibilities are endless with this gorgeous property! Located 2. 5 hours outside of NYC and 3 minutes from the Windham Mountain Resort, Christman's Golf Course and Windham's Vinyard. The seller just made a significant price improvement on this property which could make what was at one time out of reach, now a property to give serious consideration to. Click here https: //www. youtube. com/watch?v=2HIDE-rspOo to view drone footage of the interior and exterior of the home and of the property. A 3D virtual walkthrough of the home, floorplan, and a list of interior home finishes is available upon request. Don't miss your chance at owning Windswept Farm - call us today to schedule an appointment!Revised/Reduced Taxes to go in effect May 2024! Assessor has the property's assessed value and taxes much too high. Full market value is recorded as being $4, 083, 000; Assessed value is reported as $1, 837, 000. As of Feb 2024 we have received a tremendous reduction which will be reflected effective May 2024. An email from the assessor is on file confirming that the assessed value is being reduced to $746, 000. 746, 000 x . 45% equalization rate. The taxes are estimated to be between 1/3-1/2 of what the current taxes are.
Features
- Rooms: 14
- Bedrooms: 4
- Baths: 3 full / 1 half
- Style: 2 Stories,Center Hall,Colonial,Eyebrow,Farm House
- Year Built: 1860
- Garage: 3-car Detached
- Heating: Dual Service,Forced,Radiant
- Basement: Finished,Full,Partial
- Approx Sq. Feet: 5,050
- Acreage: 113.48
- Water Front: Yes
- School District: Wind-Ash-Jewett
- MLS#: 145108
- Days on Market: 449 days
- Website: https://www.raveis.com
/eprop/145108/351northsettlementroad_windham_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
351 North Settlement Road, Windham, NY, 12496
$1,799,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,439,200 | $1,439,200 | $1,439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 7.250% | 7.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.683% | 7.354% | 7.207% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,335 | $9,818 | $12,936 |
| Total Monthly Payment | $9,460 | $9,943 | $13,061 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535