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Presented by
Marcia Riddick |
A great legacy meets true luxury: Hudson Shore Estate, formerly home to one of Eleanor Roosevelt's early passion projects, a pioneering vocational school for women, has now been masterfully restored to its former glory and offers the perfect setting for a multi-generational family compound. A unique example of Arts & Craft design amongst its peer group of renowned Hudson River mansions, the 7, 700-square-foot main house has been completely renovated in the past 5 years, and now features a gourmet kitchen, all new high-efficiency systems, and no less than six luxury bedroom suites, each with its own bathroom, plus a remarkable third-floor owners' suite with an enormous spa bath and den. Restored covered balconies and bluestone patios offer a stunning view of the new multi-level heated-pool area with its fully outfitted cabana and kitchen, plus, beyond, the Vanderbilt Mansion and seasonal glimpses of the Hudson River. A walkout basement level features a sauna, half bath, and multiple spa and exercise rooms. Meticulously preserved are all of the original details of the house, including chestnut wainscoting and beams, lozenge-paned casement windows, heart-shaped balustrade carvings, and ceramic tiles made at the Moravian Pottery and Tile Works, the premier source of Arts & Crafts decoration in America. The main floor's grand Moravian-tiled living room played host in the 1920s to vocational classes for local women when Hilda Worthington Smith, wealthy daughter of the original owner, an inventor of steam-heating systems, founded the Hudson Shore Labor School. Eleanor Roosevelt, a longtime board member and instructor at the school, credited her own experience teaching at the property as inspiration for her future activism as First Lady. The property also includes a separate and fully renovated 2-unit Carriage House building for either extended family or staff, including a new ADA-accessible bathroom and kitchen, on the first floor; and, above, a wonderful light-filled 2-bedroom luxury apartment with a cathedral-ceilinged great room. The building could also potentially be used for a luxury wellness retreat. Virtually every square foot of both buildings has been restored or overhauled by some of the most talented contractors and artisans in the region, with the final result being a genuine move-in-ready masterpiece that's only 90 minutes by car from Manhattan and only 5-15 minutes from the charming New Paltz village center, the MetroNorth station in Poughkeepsie, the waterfront Kingston Rondout district, and neighboring wineries and other Hudson River culinary hotspots.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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$3,950,000
Sales Associate
William Raveis Real Estate
Phone: 617.388.6706
Marcia.Riddick@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,160,000 | $3,160,000 | $3,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $4,313 | $4,313 | $4,313 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,695 | $19,200 | $26,453 |
| Total Monthly Payment | $22,133 | $23,638 | $30,891 |
* 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.