North Salem Schools with Brewster Taxes - A rare opportunity in highly sought-after North Salem, this exceptional property combines access to the award-winning North Salem Central School District with the added benefit of lower Putnam County taxes, offering a unique value for NYC-area buyers seeking both lifestyle and convenience. Enjoy close proximity to beloved local destinations like Harvest Moon Farm & Orchard, and Salinger’s Orchard, as well as the renowned Old Salem Farm. Outdoor enthusiasts will appreciate nearby recreation including Thunder Ridge Ski Area, Salem Golf Club, and the expansive Lodestone Preserve, featuring over 200 miles of newly opened scenic trails. Set on a beautifully landscaped acre, the property offers a true park-like setting, complete with a gently flowing stream, serene pond, and thoughtfully curated plantings including Japanese maple, cherry blossoms, Asian pear trees, and vibrant seasonal gardens. A newly built two-story Trex composite deck creates a seamless indoor–outdoor connection with elevated views—perfect for entertaining or relaxing in a private natural retreat. Inside, the home features a bright and functional layout with 3 bedrooms and 3 full bathrooms, including a spacious primary suite with en-suite bath. Large bay windows, hardwood floors, and abundant natural light enhance the warm, inviting interiors. The finished walk-out lower level with full en-suite offers flexible space for guests, extended living, or a private home office. Additional highlights include natural gas heating powered by a new on-demand tankless boiler, central air conditioning, and a 2-car attached garage. Over the years, many improvements have been completed to this home in the perfect location. Recent Upgrades & Features: New Trex composite deck (2024), Owens Corning Platinum roof (2023) with 50-year transferable warranty, LG stainless steel appliances (2024), Whole-house water filtration & softener (2023), LG washer & dryer (2021), whole-house generator (2020), High-efficiency natural gas on-demand boiler (2019), fireplace with high-efficiency wood-burning insert (2013) Perfectly situated just minutes from Metro-North Railroad, I-684, and I-84, the home offers an easy 1-hour commute to Manhattan while maintaining a level of privacy and tranquility that feels worlds away. This is more than a home—it’s a lifestyle defined by nature, convenience, and timeless Hudson Valley charm.
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Our Executive Mortgage Banker:
$688,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $550,400 | $550,400 | $550,400 |
| 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 | $1,125 | $1,125 | $1,125 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,389 | $3,524 | $4,608 |
| Total Monthly Payment | $4,605 | $4,740 | $5,824 |
* 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.