This hidden weekend retreat is the last house at the end of a private lane. It is situated on over 5 acres with approximately 75' of water frontage. That's correct, walk right down and swim, fish or even just paddle out into your own water oasis. It is adjacent to two majestic mill ponds on the Lattintown Creek with an impressive water fall. The sounds of the rushing stream can easily be heard from this mostly cleared yard. There are two separate barbeque areas one near the waterfront with 2 grills and picnic tables and another area on the back patio. The property already has a second septic system in place along with electric and water hook up. In fact, there is a brand new RV on site that sleeps ten which the seller is including in the sale that can easily accommodate family and friends. This property is also zoned agricultural if you have the desire to cultivate and harvest. This retreat is located less than 90minutes from the George Washington Bridge, and convenient to Newburgh and the Thruway. Conveniently located to the charming Village of Marlboro and less than a 10 minute drive will take you to everything you need for day to day living (groceries, hardware, dining, drugstore, fuel, etc. . ) The location, low taxes and access to a large body of water for recreational activities will make this an investment that makes sense.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,200 | $359,200 | $359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $464 | $464 | $464 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,450 | $2,387 | $3,080 |
Total Monthly Payment | $2,989 | $2,926 | $3,619 |
* 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.