For the first time in 50 years, you can have the rare opportunity to own a true piece of art. Fall in love with this once-in-a-lifetime opportunity to purchase 54 breathtaking hilltop acres in Pine Plains, a historic community. This property boasts some of the best views in the Hudson Valley, overlooking the Stissing Mountains. This property includes a three-bedroom, two-bathroom house, a two-car detached garage with a loft above and even cabin tucked away in the woods. With electricity running throughout the entire property, the possibilities to make this your very own vision are endless. You could subdivide the property, creating magnificent homes each with unparalleled views, or take advantage of the rare chance to use the views to create a venue for a wedding. Build your dream home atop the hill with 180+ degrees of unobstructed views with a guest house below, or an estate. Located just two hours north of New York City off of the Taconic State Parkway, near the renowned Stissing House and a short drive to Millbrook or Rhinebeck. This property is truly a work of art with endless possibilities, don't let this chance pass you by!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $631 | $631 | $631 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,715 | $7,264 | $9,756 |
Total Monthly Payment | $7,471 | $8,020 | $10,512 |
* 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.