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Country Cottage in the beautiful Silver Lake community, Northern Dutchess County, NY. Motivated seller! Present all reasonable offers. Let this charming cottage be the perfect getaway, weekend retreat, spring, summer, seasonal living for you. Can easily be made into year round living home with 1 split unit. Family owned for generations. Picture perfect setting, quiet, peaceful, privacy all around. You and nature! All new windows, light and bright well kept cottage. Beautiful hardwood floors, galley kitchen with 2 sky lights. Updated bathroom and kitchen. Most furnishings to stay, made custom for the cottage. Wood burning stove in a glassed great room, makes for warm and peaceful hours. All the new windows let the natural light and sun shine in. The wood burning stove is the source of heat now. 1-2 split units would be a perfect and easy solutions for regular heat and air and allow year round living would be great. Cottage sets on a corner knoll, wooded, private, walk to lake, docks and boats. There is another beautiful** 0. 91 ACRES **wooded private lot to the back /right of this house and this parcel goes way back and fronts on Oak Tree, This parcel is included with the sale!! So, you will have just shy *1 FULL ACRE* to enjoy! Main house land is **0. 17 ACRES**. Leave it private and natural or build on it. Enjoy boating, fishing swimming and more. Perfect for the Hunters too, great man cave!! All this on Silver Lake a large and beautiful lake and lake community for many , many years. Centrally located to all the Hudson Valley has to offer in History, Eateries, Hunting, Hiking, Fishing. Enjoy the seasonal Country Fairs, Antiquing, Colleges, CIA. The arts and more . Minutes to Taconic Parkway. Close to trains and more. Perfect for the artist and writer! Serenity Awaits!!
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Our Executive Mortgage Banker:
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$325,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $307 | $307 | $307 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,517 | $1,580 | $2,107 |
| Total Monthly Payment | $1,899 | $1,962 | $2,489 |
* 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.