A one-of-a-kind property that includes 3 parcels for a total of 9. 65 acres, this listing includes 2 cottages, a barn, a pond, waterfall, stream, open field and some woods. It has been loved and virtually unchanged for 75 years, and is now ready for a new beginning. In 1949, artist and advertising "Mad Man" Arthur Sudler and his artist wife, Janet Sudler, purchased the compound at Lauer Road in LaGrange for their weekend painting retreat and escape from NYC. Sudler was the President of Sudler & Hennessy, one of the most renowned and cutting edge ad agencies in the world at the time; Andy Warhol got his first job there and one of the shining stars of the company, Herb Lubalin, created the first NBC peacock for television. Their artist daughter, Gail, married Thomas Rockwell, writer and son of the American painter, Norman Rockwell. The property's history has a rich, artistic heritage. For 75 years, the Rockwells and Sudlers held this timeless landscape as a foundation for their artistic inspirations: the natural waterfall the always dynamic source; past the falls on the horizon point, the sun drops down behind the ridge overlooking the property, adding even more secret magic. The high point of the property is the additional pasture land, originally part of the Chorney Farm which was one of the oldest working farms in the area offering breathtaking vistas of the mountains beyond, which remain virtually untouched by time. This is the kind of property that rarely comes on the market perhaps because it's been cherished and held as sacred to those who have been given the gift of residing here for many generations. May this beloved property welcome its new inhabitants with its ever-changing light, reflective ponds and natural, rustic beauty. Many happy holidays were spent here, sledding down the hills, riding Jenny Penny, the donkey, watching the ducks and drinking cocoa in its peaceful quiet. Every season reveals new wonders. It is time for its new story. Perhaps you will tell it.
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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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $1,750 | $1,750 | $1,750 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,339 | $4,285 | $5,453 |
Total Monthly Payment | $6,181 | $6,127 | $7,295 |
* 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.