Nestled ON 32 ACRES sits a sandstone Dutch ranch. A true testament to history & craftsmanship. This remarkable home, known as the Peter Depew House, has heritage dating back to the 1700s. With it's meticulously preserved exterior & thoughtful renovations completed in 2023, it honors its storied past, this residence stands as a timeless treasure. A mere 45 minutes to NYC, to find 32 ACRES of unspoiled land is a true anomaly making this property a sought-after gem. The original charm of the house has been masterfully retained, evident in the wide plank flooring & artfully exposed structural beams that have been refinished. A walkup attic has the potential be completed as a suite or office space. Stepping into this home is like stepping back in time, where the whispers of centuries past can be heard in every creak of the floorboards. The essence of the past has been preserved, paying homage to the house's rich history. It is a seamless blend of old-world charm & modern convenience with high end appliances, new furnace & new central air. On the property stands a grand-sized 2-story barn, an architectural marvel in its own right. Complemented by several charming sheds, which offers a multitude of possibilities from housing livestock to storing equipment, or even an art studio, all against a backdrop of private, lush & expansive land. This coveted home holds a distinguished place on the National Registry of Historic Places. Presently, the property benefits from an agricultural tax discount, adding to its allure as a sanctuary of endless possibilities (with discount, taxes are only $18, 152). Whether you envision cultivating crops, raising horses, sheep, chickens or bees, the canvas is yours to paint. Minutes from a vibrant walkable town of New City, NY, which offers an array of dining & shopping. Short drive to the exciting river communities where street fairs, farmer's markets and cultural festivities abound. Seize this rare opportunity to own, not just a home, but a piece of history with lots of possibilities. Sellers want to sell the property for continued agricultural use only. They are restricting any subdivision!
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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 | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $5,532 | $5,532 | $5,532 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,777 | $15,967 | $21,238 |
Total Monthly Payment | $20,434 | $21,624 | $26,895 |
* 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.