262 Cream Street, Poughkeepsie, NY, 12601 | $999,900

The former Gilbert Dairy Farm provides the backdrop for this legendary Dutchess County compound and the rare opportunity to own a piece of New York, history while benefiting from an income-producing apartment/art studio. This Center-Hall, Federal Colonial Farmhouse, built circa 1820, is an outstanding example of early Greek Revival Architecture that has been lovingly restored and preserved for the ages. It has all the charm of a bygone era with all the modern amenities, making it the perfect place to spend your weekends--or an entire lifetime. Offering both intimacy and grandeur, this home is breathtaking to all who enter. Original wood molding, wide board floors and a working fireplace in the parlor make this home something out of a Norman Rockwell painting. Graced with an exquisitely preserved, colonial kitchen, this home comes complete with exposed wooden beams, an open brick hearth and a Dutch door that leads to a screened side porch from which to enjoy mature trees and a beautiful landscape. This unique home boasts an 18th Century Colonial Cage bar in its basement. Enjoy the revelry of "The Tipsy Crow" with family and friends along with the fruits of a nearby wine cellar. A first-floor sitting room can be easily converted to a bedroom, allowing one to age in place with an adjoining bathroom, complete with an accessible shower. A roaring creek cuts through the heart of this estate of nearly three acres while the home is mirrored by a pond of glass, filled with fish and surrounded by daffodils in the spring and dragon lilies in the summer. A slate and stone patio allow for full enjoyment of this stunning property at every angle. The property boasts a pond house for enjoying placid views in the summer and "Rose Cottage, " a sweet and charming abode where one can read a good book and escape the demands of the day. While away your summer evenings as you dine at the stone table amid an orchard of fruit trees--while the youngsters toast marshmallows over the nearby firepit and prepare to spend the night in the custom-made treehouse, complete with a zipline. A stately and expertly constructed two-car garage boasts a studio apartment above it--an ideal, creative workspace or an income-producing, living space for a caretaker, adult child, in-law or other lucky tenant. Located in the heart of the historic Mid-Hudson Valley, this exceptional property is just minutes from Metro North and the Taconic State Parkway. Hyde Park's Vanderbilt Mansion, FDR Library and the Culinary Institute of America are just a few of the National treasures within reach of this extraordinary home.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Electric Dryer Hookup, In Bathroom
  • Style: Colonial
  • Year Built: 1820
  • Garage: 2-car
  • Heating: Baseboard, Oil, Radiant, Radiant Floor
  • Cooling: None
  • Basement: Full, Storage Space, Walk-Out Access
  • Approx Sq. Feet: 3,153
  • Acreage: 2.72
  • Est. Taxes: $14,014
  • Lot Desc: Back Yard, Front Yard, Garden, Landscaped, Part Wooded, Rolling Slope, Stone/Brick Wall, Waterfront
  • View: Water
  • Water Front: Yes
  • Elem. School: Netherwood
  • Middle School: Haviland Middle School
  • High School: Franklin D Roosevelt Senior High School
  • School District: Hyde Park
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Exhaust Fan, Refrigerator, Washer
  • MLS#: 842514
  • Days on Market: 229 days
  • Website: https://www.raveis.com
    /eprop/842514/262creamstreet_poughkeepsie_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 HOWARD HANNA RAND REALTY   Phone: 845-621-8300

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

262 Cream Street, Poughkeepsie, NY, 12601

$999,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,920 $799,920 $799,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.048% 5.984% 5.806%
Monthly Tax Payment $1,168 $1,168 $1,168
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,294 $4,732 $6,589
Total Monthly Payment $5,554 $5,992 $7,849

* 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.