|
Close your eyes and envision. . . a beautiful lake 3 blocks away to enjoy swimming, kayaking, fishing & beach sunsets. . . This desirable private lake community brings a whole new dimension to country life. A tranquil non motor boat lake in the highly sought after Beaver Dam Lake community w/ Cornwall schools is within your reach. A dream you thought wasn't possible can truly be yours. This wonderful property awaits the buyer who is searching for a large country home w/ guest house or legal rentable cottage right next door & lake life! Options are many. . Offset your mortgage with the rental income, or combine family funds and purchase 2 incredible homes on one parcel for your own family compound. Now lets talk about all you would be fortunate to have in this rare find! The main residence although originally built in 1949 was torn down to the foundation, expanded in 2006 & creatively rebuilt to over 3, 100 square feet of well defined space. The charm of a sprawling contemporary Farmhouse style that feels like home upon entry w/ wonderful oversized windows generating bright and cheerful rooms. Beginning with the stunning foyer (& large coat closet), you will be drawn into the immense space throughout. The comfort of a 1st floor huge primary ensuite includes lovely bathroom w/ beautiful tiled shower & soak tub, truly the attraction you have been seeking, creating a wing of privacy (and no steps). A second lovely bedroom (perfect for home office) & chic full bath also compliment the first floor, as well as the convenience of full laundry room near-by. The true heart of the home however is the expansive open concept kitchen, dining & family room combo w/ vaulted ceiling (and cool decorative built in shelf), recessed lighting, walk in pantry and huge island w/ fabulous granite counter tops. An abundant space for everyone to gather & mingle as you prepare your favorite recipes. A fun outside area is the wrap around covered front porch, easily accessed from a beautiful glass sliding kitchen door, a true outdoor "chillin" area for morning coffee, unwinding after work, or just relaxing after a fun filled day at the lake! A sweet fenced in yard offers space & easy access for pets and children ensuring safety & room for gardens too! The first level truly offers the convenience of one floor living, & yet so much more to see upstairs! As you venture up the lovely staircase, brightly lit by a landing window, you will find the space unmatched with a very generous open family room, perfect for movie nights, 2 spacious bedrooms, full large bathroom, storage closets and well insulated storage attic (with pull down stairs). Plenty of room for family & friends, yet your primary sanctuary remains private on the first floor! This will surely be ''the house'' that everyone gravitates to for visits, with the wonderful lake and abundant space for fun weekend escapes. Continuing next door you will love the adorable 2 story cottage w/ 1248 sq ft, updated in 2008 with newer appliances (2021), 2 bedrooms, 2 bathrooms, open concept kitchen living room, central AC, 2nd floor laundry & private driveway. This property is unlike any others you will find. If you are searching for a unique home, lake lifestyle & income producing 2nd home this will fill the wish list! A one of a kind distinctive property w/ lake rights that offers a community beach with floating platforms, sand toys & boat launches for residents. Whatever you may be searching for, when you are kayaking on a beautiful summer day you will never regret this purchase! Experience life at its best w/ quaint nearby villages of Washingtonville & Cornwall w/holiday festivities, parks, eateries, lovely shops & old fashion ice cream stand to sweeten life more. Ideal commuter location w/ Salisbury Train Station (to Penn Station), West Point, Commons shopping & more! An enchanting little secret in the beautiful Hudson Valley and only 62 miles from NYC! A great investment & the timeless bliss of lake life!
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:
$799,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,999 | $639,999 | $639,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $1,370 | $1,370 | $1,370 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,941 | $4,151 | $5,358 |
| Total Monthly Payment | $5,403 | $5,613 | $6,820 |
* 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.