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In the heart of Big Indian–Oliverea’s “vacation valley, ” this 1970 Catskills country home offers streamside living and easy single level comfort. The open living dining area features a wood burning fireplace with bluestone surround, flowing to a country kitchen with views of the back garden and Balsam Mountain range in the distance. Three bedrooms and a main bath complete the first floor, with the third bedroom currently used as an office/craft room. From the kitchen, stairs lead to the 950+ sq ft lower level with one car garage, workshop, well maintained mechanicals, storage, and laundry area. A newly installed Briggs & Stratton whole house generator (propane fueled) adds essential peace of mind. The side yard and back yard include a shed, firewood supply, and a metal port suited for gear or repurposed as a gazebo with a picnic table for outdoor dining beside the Lost Clove stream. The Esopus Creek is a short walk away for fly fishing or just enjoying the beauty of the river and valley. There is an abundance of recreational choices and culinary experiences in this community as well as in nearby hamlets and villages with access to farmers markets, local retail stores, community events, and renowned dining at Peekamoose and the Shandaken Inn. Trailheads for Giant Ledge, Slide, McKenley Hollow, Panther, and the neighborhood’s Lost Clove Trail are minutes away. Ideally situated for four season recreation, the home is just a 15-minute drive to Belleayre Mountain and within easy reach of both Hunter Mountain and Plattekill Mountain ski centers.
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Our Executive Mortgage Banker:
$410,000
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 | $328,000 | $328,000 | $328,000 |
| 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 | $309 | $309 | $309 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,020 | $2,071 | $2,724 |
| Total Monthly Payment | $2,404 | $2,455 | $3,108 |
* 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.