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36+ Private Acres | 9-Acre Lake | Income-Producing Estate | Western Catskills A rare offering in the Western Catskills: 36+ private acres anchored by a stunning 9+-acre man-made lake, paired with established rental income and a spectacular undeveloped building site -- all on one parcel. The income side features a well-maintained six-unit apartment building (six 1BR/1BA units) generating approximately $44, 000/year with low overhead. Two septic systems, DCEC electric, and MTC fiber internet. A 2020 3BR/2BA doublewide on a concrete slab adds further income or serves as a residence while you build. Beyond the rentals, cross the open meadow to discover the real prize: a broad, gently sloping clearing with unobstructed lake and mountain views, anchored by a dramatic 40-foot rock ledge ideal for a private driveway. An old logging road off Titus Lake Road offers separate access -- bypass the rentals entirely. From this vantage point, the income properties disappear completely. Two compelling home sites to choose from. Build your dream lakeside retreat while income works in the background -- no compromise required. Under 30 minutes to Oneonta, just over an hour to Albany International Airport.
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:
Our Insurance Division:
$975,000
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 | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $1,092 | $1,092 | $1,092 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,429 | $4,676 | $6,582 |
| Total Monthly Payment | $5,613 | $5,860 | $7,766 |
* 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.