Classic 19th-century farmhouse and two large barns, surrounded by mature trees and beautiful lawns, lead to 41+ acres of forested land with a pond, stream, walkable trails, and potential building sites. Lovingly cared for by the same family for over 70 years, the 3-bedroom farmhouse includes a wraparound porch for relaxing out front and a screened porch overlooking the lawn, barns, and woods. The spacious barns could be used as workshops, studios, or storage. Or they could revert to housing animals, feed, and equipment. With a combination of cleared acreage and abundant forest, horse owners may find this property particularly attractive. A typical ride would start at the lily pond and continue into the woods up a gradual incline before reaching a level section with stunning views of the Catskills. One or more houses could be built here for the views alone. Or continue to enjoy the farmhouse, which features three bedrooms and two bonus rooms. One of the parlors downstairs could serve as a formal dining room, bedroom, den, or office. Upstairs, another large room could be used as an office, bedroom, den, or playroom. The home includes a generous living room, a mudroom, and a substantial eat-in kitchen with a wood stove. This 41+ acre property could be enjoyed from the start or wholly reimagined. Town of Saugerties water lines run through the property, which should aid any development. This desirable location in West Saugerties is close to the villages of Woodstock, Saugerties, and Palenville, with all of the surrounding Catskills and mid-Hudson Valley to enjoy. The George Washington Bridge is approximately 100 miles to the south.
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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 | $479,200 | $479,200 | $479,200 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $1,151 | $1,151 | $1,151 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,109 |
Total Monthly Payment | $4,512 | $4,428 | $5,352 |
* 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.