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The first thing to strike you about this home, are the natural surroundings and rare bird calls. Nothing but nature for miles, other than two homes on this private road. While the home is sited on just under 12 acres, there are two additional, adjacent lots for sale with the home, making this the largest contiguous parcel in Olive, according to the late owners. If purchased with the home, your total acreage will be close 20 acres. While mostly wooded, you can clear and use the land for your own unique needs. Perhaps a horse or two and some chickens might strike your fancy. Flower and vegetable gardeners alike will find inspiration here, within the boundaries of the Catskill Park, with the Ashokan rail trail nearby offering stunning natural beauty. The home comes with solar panels at a cost of $80. 00 per month, reducing your month utility bill to close to zero. There is a plumbed propane gas heat system for the lower level, and ductless A/C for cooling. A renovated kitchen with stainless appliances and quartz counters shine in the abundant natural light and two updated full baths are tasteful, modern, neutral and bright! The Location is prime, with close proximity to Woodstock. Ski Bellayre in less than an hour as well, with Kingston just 30 minutes away. Ride and walk the Ashokan rail trail during every seaon. You'll have total privacy on this private road, and live with total peace, quiet and privacy, in the natural beauty of the Catskills!
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$550,000
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 |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $391 | $391 | $391 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,603 | $2,745 | $3,566 |
| Total Monthly Payment | $3,086 | $3,228 | $4,049 |
* 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.