38 Old Route 55, Pawling, NY, 12564 | $599,000

Owner lowered price - Come make an offer and turn this into your paradise. Turn back the hands of time with this beautiful home built in 1798, reminiscent of the deep south! It's 3 stories, two of which have a gorgeous wrap around newly redone porches, that you can envision with rocking chairs, sipping mint juleps or enjoying a summer meal. Bring a hammer and dreams of your perfect kitchen (the kitchen has been taken out). The 3-story farmhouse has 3 bedrooms and a cozy fireplace and hardwood floors that add to its eloquence. All of this is situated just under a fenced in acre with . 46 of an acres across the road that has a babbling brook running through it. On the back of the property sits a 2-story renovated barn, perfect for an art studio or whatever your mind imagines and plenty of storage below. More than 90% of the property is newly fenced in, perfect for dogs to run! There is also a back shed for mowers and such, a "corn crib" which are a rare find in Dutchess County these days, also a large tool shed off the patio next to the main house for storage or a "he/she shed". A large portion of the lawn is flat with outside electricity. Perfect for tent parties, a gazebo or pool! This house and land are rich in local history and was a part of a large working farm back in the days known to the locals as Woodinville. Bring your imagination and dreams and come see this beautiful, rare & unique home!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Colonial, Farmhouse
  • Year Built: 1900
  • Garage: Driveway
  • Heating: Oil, Forced Air
  • Cooling: None
  • Basement: Partial
  • Approx Sq. Feet: 1,608
  • Acreage: 1.43
  • Est. Taxes: $12,431
  • Lot Desc: Level, Sloped, Near Public Transit
  • Elem. School: Pawling Elementary School
  • Middle School: Pawling Middle School
  • High School: Pawling High School
  • School District: Pawling
  • MLS#: H6298787
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /prop/H6298787/38oldroute55_pawling_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 BHHS Hudson Valley Properties   Phone: 845-855-8500

William Raveis Family of Services

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888.699.8876

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

38 Old Route 55, Pawling, NY, 12564

$599,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $1,036 $1,036 $1,036
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,108 $3,148 $4,011
Total Monthly Payment $4,236 $4,276 $5,139

* 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.