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RARE COMPOUND OPPORTUNITY JUST OUTSIDE KINGSTON! Experience one of Rosendale's rare opportunities for immediate access to the scenic Binnewater Lakes. Ideally situated near trailheads and just minutes from the heart of Rosendale and its iconic Trestle, this property offers a balance of natural beauty and convenience. A short stroll away, enjoy public access to Fourth Lake; a local gem perfect for kayaking, paddle boarding, fishing, swimming, and making the most of the Hudson Valley lifestyle. This unique package features two adjoining parcels sold together: the fully renovated, turn-key retreat at 18 Lake Hill Rd (offered standalone under MLS # 1004452) PLUS the adjoining lot at 14 Lake Hill Rd, featuring a classic 1930s 1-bedroom bungalow awaiting your creative renovation. Perfect for an income-producing rental, guest cottage, or private studio space, the bungalow is exclusively offered as part of this combined package. The main home at 18 Lake Hill has been completely overhauled from top to bottom with a brand-new roof, all-new electrical and plumbing, a high-efficiency heat pump, spray foam insulation, and a UV water filtration system. Inside, custom Marvin windows frame stunning water views, accenting a designer layout with hardwood and sleek concrete floors. Enjoy an open kitchen with multi-level decking for al fresco dining, a versatile loft, and a sprawling lower-level primary suite with a waterside office area. Best of all, both properties sit just a 3-minute walk to the lake! This is an incredible opportunity to create a custom multi-home estate or family compound with built-in equity. Located in a prime Hudson Valley setting, you are just 10 minutes from downtown Kingston's vibrant dining and entertainment scene and under 20 minutes to surrounding hotspots. Bring your vision and secure this ultimate lakeside package!
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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$755,000
William Raveis Real Estate
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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 | $604,000 | $604,000 | $604,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $1,004 | $1,004 | $1,004 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,621 | $3,768 | $5,016 |
| Total Monthly Payment | $4,717 | $4,864 | $6,112 |
* 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.