Whispering Woods Drive, Mongaup Valley (Bethel), NY, 12762 | $2,999,000

This spectacular approved subdivision consists of 63 mostly five-acre lots. 12 lakefront lots, 14 riverfront lots and 40 wooded lots. This subdivision is ready for building immediately. The land is located in the Town Of Bethel on Sullivan County's largest boating lake, the nine mile long Swinging Bridge Reservoir. This phenomenal piece of property borders the world-renowned Chapin Estates to the south and the very popular community of Smallwood to the North and West. If you are a developer looking to build a world class Resort or you are just looking for one of the nicest pieces of real estate in the Catskills now is your chance. You will be near all the great attractions the area has to offer including The Resorts World Catskills Casino, The Yo1 Health & Wellness Center and Yoga Retreat, The Monticello Motor club, Bethel Woods Center For The Arts AKA Woodstock, For directions do a Google search for Whispering Woods Dr, Mongaup Valley Bethel NY 12762.

Features

  • Town: Mongaup Valley
  • Zoning: Other
  • Elem. School: George L Cooke School,Kenneth L Rutherford School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • MLS#: H6232736
  • Days on Market: 437 days
  • Website: https://www.raveis.com
    /prop/H6232736/whisperingwoodsdrive_mongaupvalley_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Rhulen Realty Group LLC   Phone: 845-794-8000

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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Whispering Woods Drive, Mongaup Valley (Bethel), NY, 12762

$2,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,384 $15,561 $20,900
Total Monthly Payment $14,509 $15,686 $21,025

* 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.