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Presented by
Lisa K. Dollinger |
This property is a rare gem, located just 10 minutes from the Mohonk Preserve. Enjoy stunning views of the Shawangunk cliffs and the iconic Skytop Tower at Mohonk Mountain House. Conveniently located near stores, restaurants, farm stands and hiking trails, everything you need is just minutes away. The high points offer absolutely breathtaking mountain views in a neighborhood of luxury homes. The property is agriculturally zoned and perfect for raising horses, livestock, or starting your own organic farm. You can design and build your dream home on the high ground. Even though some of the land is in a flood zone, the two-acre building site is well above the 100-year flood mark. The land is bordered by the picturesque Mombaccus creek visited daily by deer, turtles and other wildlife. Dip your toes for a swim on a hot summer day. It's truly nature's paradise! Surveys and delineations by professionals have confirmed there are no wetlands on the property. Don't miss this once-in-a-lifetime opportunity to own a spectacular piece of the Hudson Valley. Build your dream home, start your dream farm, live your best life — right here! Note that the historic 4 bedroom Brick House at 5868 Route 209 directly adjacent to this land is also for sale, MLS#810912.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.907.1570
Lisa.Dollinger@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $156,000 | $156,000 | $156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $886 | $934 | $1,244 |
| Total Monthly Payment | $961 | $1,009 | $1,319 |
* 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.