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YOUR OWN PRIVATE CATSKILL PARADISE ONLY 10 MINUTES FROM MARGARETVILLE. A RARE 81 ACRES off the PEPACTON reservoir with a quintessential LINCOLN LOG CABIN. The property consists of two TOTALLY PRIVATE parcels with GREAT VIEWS of the PEPACTON and the MOUNTAINS. It has ATV TRAILS, a STONE QUARRY, and it provides a great opportunity for HUNTING and HIKING. And of course, KAYAKING and FISHING IS RIGHT ACROSS THE STREET on the PEPACTON. The cabin has an OPEN CONCEPT LIVING with CATHEDRAL CEILINGS, gorgeous HAND-HEWN FLOORS, FLOOR TO CEILING WINDOWS and SLIDING DOORS leading to a LARGE COVERED PORCH with magnificent VIEWS and a HOT TUB. THE WOODBURNING STOVE is surrounded by a NATURAL STONE WALL and is a focus in the GREAT ROOM. Upstairs, besides the spacious bedroom there is great OFFICE SPACE. The FULL WALKOUT BASEMENT is insulated, heated, with running water. It was used as an ARTIST STUDIO but could easily be converted into living space. The property is 20 minutes from the BELLEAYRE SKI CENTER, close to the charming villages of Andes, Margaretville and Delhi. All this, only 2. 5 hours away from the GWB
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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$700,000
William Raveis Real Estate
Phone: 888.699.8876
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Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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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 | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $647 | $647 | $647 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,403 | $3,536 | $4,650 |
| Total Monthly Payment | $4,142 | $4,275 | $5,389 |
* 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.