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Some properties in Wolf Lake carry history. 194 Canal Road carries it well. The original 1940s cabin anchors the home in an era when lake life was simpler and the details were built to last, aged pine paneling with a warm golden tone, original window hardware, and a stone fireplace that has anchored this room for eighty years. A soapstone wood-burning stove, added with the same care, extends that tradition. A subsequent addition brought the home to four bedrooms and two full baths, and delivers a commanding lake view from the primary suite that is difficult to overstate. But the location is the real story. Gravel waterfront extending to the water's edge is exceptionally rare in Wolf Lake, where community regulations prohibit it on every other parcel. This property carries grandfathered status; you could not replicate it. The cantilevered dock sits at the end of a clean sight line from the house, with full southern exposure across the water. Morning coffee on the dock. Wine at sunset. Neither requires imagination here. A three-year-old septic system, new appliances, and an oversized two-car garage with a staircase to a generous loft suitable for a workshop or studio round out a property that is structurally sound where it counts. Wolf Lake is one of Sullivan County's most sought-after private lake communities, featuring 1, 800 acres of protected forestland, three spring-fed lakes, a community beach, miles of hiking trails, and a clubhouse with a full calendar of events, kayaking, paddleboarding, sailing, pickleball, blueberry picking, and seasonal socials among them. Just 90 minutes from the George Washington Bridge. One-time membership fee: $5, 250. Annual dues: $1, 350.
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Our Executive Mortgage Banker:
$799,900
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 | $639,920 | $639,920 | $639,920 |
| 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 | $807 | $807 | $807 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,940 | $4,041 | $5,314 |
| Total Monthly Payment | $4,839 | $4,940 | $6,213 |
* 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.