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Welcome to 7 Terra Nova Drive, a unique and versatile property offering the perfect blend of space, privacy, and flexibility. Located on a quiet cul-de-sac just minutes from the heart of Hopewell Junction, this well-maintained home features a 4-bedroom main residence plus a separately accessed 1-bedroom apartment—ideal for extended family, in-laws, or rental income. Main Home Highlights: Traditional Colonial/Cape layout with hardwood floors throughout, Bright and open floor plan with large windows and an abundance of natural light, First-floor bedroom perfect for guests or a private home office, Family room at the rear of the home opens to a beautiful paver patio and garden area, offering serene privacy, Upstairs features three additional bedrooms and a shared full bath, primary suite including a walk-in closet with access to a private second-story deck overlooking the backyard, Walk-out basement offers finished space ideal for a playroom, gym, or home theater, plus built-in shelving and a large storage room, two-car attached garage provides convenience and ample storage, with direct access to the main home. Completely separate from the garage, the 1-bedroom apartment is located in its own structure with a private entrance, offering maximum independence and flexibility. This charming unit includes: a spacious living area, full kitchen, and a comfortable bedroom and full bath. Ideal for extended family, guests, caregivers, or rental purposes Enjoy the privacy of a cul-de-sac setting while staying close to Route 82, I-84, Metro-North, schools, parks, and shopping. This is a rare opportunity to own a flexible multi-use property in a prime Dutchess County location. 7 Terra Nova Drive offers room to grow, host, or invest — all in a peaceful and convenient location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 | $559,920 | $559,920 | $559,920 |
| 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 | $833 | $833 | $833 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,268 | $3,402 | $4,538 |
| Total Monthly Payment | $4,193 | $4,327 | $5,463 |
* 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.