Welcome to your serene lakefront retreat, nestled among mature pine trees and a sea of mountain laurel in the charming hamlet of Forestburgh. This tastefully updated ranch-style home offers the perfect blend of comfort and tranquility, boasting various entertainment areas, including two hot tubs, a fire pit, a dock, and a safari glamping tent. Whether it's early morning water activities, mid-day picnics, or late-night stargazing by the water, this property caters to nature lovers. Inside, discover three spacious bedrooms, two full baths, and a finished basement providing ample accommodation for guests. The main living space has high ceilings, a fireplace, and sliding doors leading to a deck. Adjacent to the living room, a screened-in porch ensures you can enjoy alfresco dining while soaking in the picturesque lake views. The kitchen is a chef's dream, outfitted with top-of-the-line Bertazzoni Kitchen Appliances, elevating your culinary adventures while adding style and functionality to the heart of the home. Close to local amenities and attractions and only 20 minutes from the Port Jervis train station for easy commuting into NYC. Visit nearby quaint upstate towns like Barryville and Eldred. Explore the Mongaup Valley Wildlife Management Area that abuts the lake association with over 12, 000 acres of protected lands and lakes, including the Rio Reservoir just down Plank Road. Experience the beauty of nature and the comforts of home in this idyllic lakefront retreat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
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% | 7.171% | 6.538% |
Monthly Tax Payment | $589 | $589 | $589 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,795 |
Total Monthly Payment | $4,496 | $4,398 | $5,476 |
* 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.