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Welcome to 187 Lake Rd--an exceptional lake-access home completely furnished offering the perfect blend of year-round living, vacation home retreat, and Airbnb investment opportunity near beautiful Lake Onderdonk. Situated on 3. 4 private acres, this property provides a rare combination of privacy, land, and water proximity, located directly across the street from the lake with convenient public lake access nearby. Tucked away in a serene, wooded setting, this move-in ready home delivers both comfort and character. The interior features a dramatic vaulted ceiling living room filled with natural light, creating an open-concept feel ideal for entertaining. A stunning loft overlooking the main living space, accessed by a striking three-story spiral staircase, adds unique architectural appeal and flexible living space--perfect for a home office, guest area, or creative studio. Additional highlights include a full basement for storage, plus two separate heating systems, offering energy efficiency and functionality for all seasons. A major value-add is the large detached garage with upgrades, featuring a second-floor apartment space with income potential. Ideal for an in-law suite, guest house, short-term rental (Airbnb), or long-term rental income, this versatile structure significantly enhances the property's investment potential. In excellent condition, this property checks all the boxes for buyers seeking a private lake-area home, multi-use property, or income-producing real estate. Don't miss this unique opportunity to own a versatile property near Lake Onderdonk with endless possibilities.
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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Our Executive Mortgage Banker:
$489,000
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 | $391,200 | $391,200 | $391,200 |
| 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 | $369 | $369 | $369 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,409 | $2,470 | $3,249 |
| Total Monthly Payment | $2,853 | $2,914 | $3,693 |
* 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.