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**TO BE BUILT!!**Not your Father’s Raised Ranch! This proposed brand-new, custom bi-level home at Shale Ridge redefines modern living with over 2, 300 sqft of thoughtfully designed space. Set on just over an acre in the heart of Hyde Park, this 3-bedroom, 3-bath residence offers soaring 9’ ceilings throughout with an 11’ ceiling in the kitchen, dining and living room, open floor plan, and quality craftsmanship throughout. The heart of the home features hardwood floors, a bright and airy living area, and a designer kitchen with choice of granite or quartz countertops, , custom cabinetry, and an undermount stainless steel sink—perfect for everyday living and entertaining alike. The primary suite is sure to impress with a spa-inspired bath, soaking tub, and custom tiled shower, while additional baths are finished with granite/quartz vanities and tasteful tilework. Enjoy energy-efficient construction, spray foam insulation, central air, propane heat, 200 amp electric and an attached oversized two-car garage. A partially finished lower level offering flexible living space, rec room, full bath, den/office/possible 4th bedroom and laundry. Outside, relax on the 12x20 rear deck overlooking the landscaped yard. A fresh take on a classic style, this home delivers the space, finishes, and comfort today’s buyers are looking for—without sacrificing timeless appeal. Excellent location, minutes to the Villages of Rhinebeck, Hyde Park and Pleasant Valley. **PHOTOS SHOWN OF A SIMILAR MODEL BUILT ELSEWHERE WITH OPTIONS, 6-8 month build time from permits**
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Our Executive Mortgage Banker:
$629,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $503,200 | $503,200 | $503,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $179 | $179 | $179 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,098 | $3,177 | $4,179 |
| Total Monthly Payment | $3,369 | $3,448 | $4,450 |
* 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.