197 Lake Ridge Lane, Craryville (Copake), NY, 12521 | $1,100,000

A special opportunity to enjoy lake living within a uniquely private setting. The Ridge at Copake Lake is a gated community of 11 ready-to-build lots nestled in the lush landscape of an untouched mountain top. Each designated building site has been artfully tailored to visually isolate one home from another. The 9+ acres of Lot 8 embrace views of the Catskill mountains to the west, and the serenity of the lake to the south. Access the waterfront from your individually appointed boat slip and enjoy private lakeside storage for your water apparatus. Play on the water by day, and retreat to the solace of your secluded home at night. Copake Lake is Columbia County's most desirable lake community with an active conservancy that oversees the quality of the water, shorelines and marine life. The lake's own Copake Country Club maintains a beautiful and scenic golf course with year-round restaurant and bar. There are two seasonally operated marinas each with cafes and boat rentals. Enjoy water skiing, wake boarding, kayaking, fishing and swimming! SEE VIDEO!The Ridge at Copake Lake is only 2 hours north of New York City and 2. 5 hours west of Boston. In the heart of the Hudson Valley, and on the edge of the Berkshires, it is perfectly positioned 15 minutes from Hudson, NY and 20 minutes from Great Barrington, MA.

Features

  • Town: Craryville
  • Frontage: Yes on Lake Ridge Rd
  • Lot Size: 9.01 Acres
  • School District: Taconic Hills
  • MLS#: 151952
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/151952/197lakeridgelane_craryville_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.

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Charlette HaschigPersonal Assistant

978.855.4900

Charlette.Haschig@raveis.com

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Joanne O'KeefeVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

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197 Lake Ridge Lane, Craryville (Copake), NY, 12521

$1,100,000

Charlette Haschig

Personal Assistant

William Raveis Real Estate

Phone: 978.855.4900

Charlette.Haschig@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,347 $5,781 $7,726
Total Monthly Payment $5,472 $5,906 $7,851

* 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.