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With rolling and open 47 acres, and mature trees bordering along Claverack Creek - the site is located strategically just outside of Hudson, which enhances the property's long range development potential. The high nutrient upper pasture has recently been used for grazing cattle and sheep, employing organic and biodynamic farming principles, made possible by the absence of any chemical use on the land for over 25 years. More than 560 feet of frontage on 23B and 2500 feet of frontage on Spook Rock Road. Two parcels, one tax number. Approximately 11-acres on the west side of Spook Rock Road (very buildable) has a natural spring within the site at the foot of Becraft Mountain providing a constant water source for the pastures below and their drainage swales. The larger 37-acres on the eastern side could also be built on as an older farmhouse and barn once stood on this portion of the site. Situated in a Flood Zone, the lower portion of the larger parcel best recent use is for cultivating organic hay for animal feed (2-3 harvests/year). Beautiful parcel.
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Our Executive Mortgage Banker:
$599,000
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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,951 | $3,068 | $4,011 |
| Total Monthly Payment | $3,043 | $3,160 | $4,103 |
* 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.