Lot 18 Horseshoe Lake Road and State Route 55, Kauneonga Lake, NY, 12720 | $595,000

Once in a life-time opportunity to own a prime parcel in Kauneonga Lake, across from the restaurants which includes a piece on the lake! The 2. 58 acres is plenty large enough to do something creative: shops, restaurants, or housing with plenty of parking! The parcels are cleared on the corner, wooded in back and "L" shaped. There is over 700 feet of frontage for amazing visibility and access. This could even be a terrific opportunity to build your dream home with privacy and walk to your dock on the most popular lake around! The strip on the lake is strategically placed with access to all the restaurants on Restaurant Row and is 50 feet wide, running into the water. Perfect for your own private dock and lake access. Zoning is RS - Residential Settlement on one lot, and CS - Community Settlement for the rest. Zoning tables and surveys are attached.

Features

  • Lot Desc: Cleared, Corner Lot, Irregular Lot, Level, Near Shops, Part Wooded, See Remarks, Subdivided, Views, Waterfront
  • View: Lake
  • Water Front: Yes
  • Elem. School: Kenneth L Rutherford School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • MLS#: 929331
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/929331/lot18horseshoelakeroadandstateroute55_kauneongalake_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 Malek Properties   Phone: 845-583-6333

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

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Lot 18 Horseshoe Lake Road and State Route 55, Kauneonga Lake, NY, 12720

$595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $476,000 $476,000 $476,000
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% 6.292% 5.628%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,778 $2,892 $3,858
Total Monthly Payment $2,870 $2,984 $3,950

* 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.