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Available for the first time in more than 50 years, the meticulously restored 1753 Petrus Hoffman House presents your chance to own one of the Hudson Valley's most remarkable stone-house estates. Set far back from the road atop a high ridge with panoramic four-season views of the Catskill mountains, the property is minutes from the Tivoli village center, Bard College, Rhinebeck and Hudson, and features no less than four separate buildings. The main stone house, built by the son of a prosperous local merchant, features a symmetrical center hall flanked by formal living and dining rooms, each with original fireplaces, plus a modern kitchen on the ground floor and four bedrooms upstairs. The house has been masterfully restored to showcase unusually high ceilings with beaded beams, period mantles, wide-board floors, working Dutch doors, and 12-over-12 windows, all documented and preserved. But don't think you'll be living like an early Dutch settler. In addition to a new roof, updated systems include new electrical wiring, central air-conditioning, septic, well, a back-up generator and an above-ground oil tank. The house is situated in the middle of almost 35 acres of farmland and also boasts a Victorian carriage barn with cupola and four horse stalls, plus paddocks, a run-in shed, a picturesque willow-tree-draped pond, and a charming standalone artist studio. There's also a separately parceled 2-bedroom, 1-bath Cape Cod style house, built in 1900, perfect for staff, overflow guests or rental income. And the entire property lies within an Agricultural District, with field-lease arrangements in place that significantly reduce property taxes. It's a combination of history, expert preservation, views and privacy virtually impossible to replicate, and only two hours by car or Amtrak from Manhattan.
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Our Executive Mortgage Banker:
$1,900,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,520,000 | $1,520,000 | $1,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,466 | $1,466 | $1,466 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,512 | $9,236 | $12,724 |
| Total Monthly Payment | $10,103 | $10,827 | $14,315 |
* 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.