This lovely property at the foot of the Berkshires is located on a granite ledge approx 200 ft. long and 20 ft. high overlooking Rt. 22 running north from NYC to the Canadian border. There are 15 acres and at least 1000 ft. of road frontage. There is also an adjacent buildable acre to the north adjoining the land. A 30, 000 gal. Paddock gunite fenced-in pool is adjacent to the living room, dining room and kitchen building. Fifty-four years ago an attached 20x20 addition was added to this older 2-story structure. The central gathering room has a 2-story granite fireplace. Doors that open on both sides of the main floor give access to the outside. The second floor has a workable fireplace and doors that open to a built-in redwood porch. A sitting area upstairs en suite to two bedrooms. There are three cottages each with its own covered porch. The first cottage has 3 bedrooms, 2 bathrooms and a large living room. The center cottage has 2 smaller apartments with bathrooms. The third cottage has 2 bedrooms, large living room, small kitchen and dining area. The main house has 5 bedrooms upstairs and 4 bedrooms on the lower level each with their own private bathroom and covered porch. Two automatic generators come on if the electric goes out and a smoke/fire alarm system is also in place. There is a picnic area in the woods. Two underground oil tanks are double-lined. Some possible uses with a sight plan or special use permit are Multi-Family, B & B, Daycare, Library Facility, Health Care facility or Hotel/Motel. Check with building inspector for other permitted uses.
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Our Executive Mortgage Banker:
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$2,999,000
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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $724 | $724 | $724 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,578 | $15,761 | $21,065 |
Total Monthly Payment | $15,427 | $16,610 | $21,914 |
* 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.