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Amazing opportunity to complete a masterpiece in a top notch location.
Custom home on 7. 8 private wooded acres in Kingston/ town of Ulster. Near Rhinecliff bridge, Hudson River, Sojourner Truth Park, and Rondout.
Follow the long private gravel driveway already in place, to the the custom built home.
The craftsmanship is truly unmatched in this era. Home was built for a family member by master builder.
The home has been vacant for some time now and needs new roof and some remaining restoration completed.
Flooring was hand laid with bluestone found on site, and has copper with hydronic radiant heat beneath the stone. Propane was the heat source for water.
Fireplace, mantle and some walls are also handlaid bluestone from property and meticulously lined. Must see to appreciate.
Cast iron woodstove insert for fireplace.
Kitchen cabinets are meticulously inset and were also handmade.
There is a beautiful loft and lots of natural light shines through. New casement windows on first floor and awning skylights on second floor.
The house is a passive solar home. Back half of house is cement and under ground and front is facing the sun with optimal windows. So the solar gain comes into the home.
Anyone who can appreciate quality will be enticed at this price to restore it to its former glory. The size of the lot allows an addition to easily fit.
There is even a small stream on the property that could be developed into a water feature.
There is a lot of equity here to be had after restoration.
Well, Septic and electric are already in place.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$450,000
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 |
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|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $585 | $585 | $585 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,130 | $2,217 | $2,918 |
| Total Monthly Payment | $2,790 | $2,877 | $3,578 |
* 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.