Welcome to The Landing at The Legends on Tanzman Lake. This vacant lot provides the perfect setting for a luxurious single-family home. With almost 5 bucolic acres and two private ponds, you can build your forever home or your peaceful weekend retreat. The lot is mostly cleared but surrounded by trees and it already has a driveway roughed in. There is electric and cable at the site, so this one is ready to go! The Legends on Tanzman Lake is a private, gated community with thirty-eight ~5 acre lots. Tanzman Lake is a spring-fed and stream-fed 27-acre, non-motorboat lake that is well stocked with bass and other fish. The annual HOA fee is $910 and provides members access to the lake via the common lakefront area, as well as snow plowing and maintenance of the roads. The HOA is located just three minutes off Route 17 at Exit 98 and close to a wide array of recreational activities including hiking, fishing, golfing, skiing, and more. Bethel Wood Center for the Arts, Kartrite Indoor Water Park, and the Resorts World Catskills are just minutes away. Located 2 hours north of the GWB. Come explore the best that the Catskills has to offer!
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Our Executive Mortgage Banker:
$150,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $700 | $739 | $973 |
| Total Monthly Payment | $775 | $814 | $1,048 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.