(To Be Built) Fernwood is a modernist cabin, in perfect context with the Hudson Valley setting. The architecture responds to the natural terrain of the siting with a high pitched gable roof two story residence clad in natural cedar shake. Fernwood is sited on 5 private primarily wooded acres accessible from a quiet country road and surrounding serene landscapes. The residence showcases interiors with natural textures and a luxurious modern simplicity. A quintessential country property minutes from the villages of Rhinebeck and Red Hook. The architecture is comprised of a singular two story structure with acutely pitched gable roof clad in cedar shake siding. The residence entry is superimposed on the volume with an outset porch with contrasting cedar cladding and integrated wood storage a play with natural textures that is sophisticated yet subtle. Living spaces on the main level are open plan, circulating around a central utility block, and share views to the outdoor landscape. A covered back porch is inset into the architecture and similarly clad in a contrasting texture the perfect spot for a quiet morning or evening entertaining. A detached two car garage is included nearby, with a complementary architectural style. Continuing from the staircase onto the upper level are two additional guest bedrooms with generously sized shared bath and counterpoint with the spacious primary bedroom suite with freestanding bathtub, shower, double vanity and WC. Exterior living spaces offer options for upgrade including pool and patio, sauna, outdoor kitchen and others to customize to your specific lifestyle. The residence's interior design features luxury materials including oak hardwood floors, designer finishes, Danish cabinetry, Bosch appliances and high efficiency HVAC. Includes septic, private water well, underground utilities and driveway. Designed and built by Upstate Modernist - Rhinebeck & NYC based architecture firm and builder. , AboveGrade: 2350, Cooling: Heat Pump, Zoned, EQUIPMENT: Smoke Detectors, Water Filter, FLOORING: Tile, Wood, FOUNDATION: Concrete, Heating: Zoned, OTHERROOMS: Family Room, Foyer, Great Room, Laundry/Util. Room, ROOF: Metal, Unfinished Square Feet: 400, Warranty: Yes
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,596,000 | $1,596,000 | $1,596,000 |
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 | $291 | $291 | $291 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,697 | $10,485 | $14,013 |
Total Monthly Payment | $10,113 | $10,901 | $14,429 |
* 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.