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Rare opportunity to own a unique recreational waterfront parcel on scenic Lake Mahopac in the heart of Putnam County. This private lakefront property features a parking area, retaining wall, storage shed, and stairs leading directly down to the water, creating the perfect setup for enjoying everything the lake has to offer. Whether you enjoy fishing, kayaking, jet skiing, motor boating, paddleboarding, or simply relaxing by the water, this parcel offers a hard-to-find opportunity to secure your own piece of one of the Hudson Valley’s most sought-after recreational lakes. Lake Mahopac is one of the few lakes in the region permitting gasoline-powered boating and is widely known for its boating, fishing, and watersports lifestyle. Spanning approximately 583 acres with depths exceeding 60 feet, the lake remains one of Putnam County’s premier recreational destinations. The seller is also willing to offer a package deal including additional recreational land on privately owned Canopus Island, one of only three islands located within Lake Mahopac. Accessible exclusively by boat, Canopus Island remains largely undeveloped and offers a unique extension of the lake lifestyle with opportunities for recreation, camping, picnicking, and private waterfront enjoyment. Seller willing to include both parcels for $220, 000 total. Conveniently located just minutes from restaurants, shopping, Route 6, the Taconic State Parkway, and I-684 while still offering the feeling of a peaceful lakeside escape.
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Our Executive Mortgage Banker:
$90,000
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 | $72,000 | $72,000 | $72,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $443 | $455 | $598 |
| Total Monthly Payment | $518 | $530 | $673 |
* 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.