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River House is a rarely available, Hudson River-front estate that lies on 48+ breathtaking acres directly on the Hudson River in Catskill. Currently used as an incredible, income-producing event space and rental property, River House was designed with privacy in mind. The long, private drive winds through mature trees to this expansive, 7, 800+/- square foot, 11-bedroom, 7. 5-bath retreat, where historic character and expansive indoor-outdoor spaces create the perfect, serene setting that is truly away from it all. Inside, the home feels historic, soulful, and full of character with sunlight pouring through towering arched windows that highlight the antique wood floors and historic details. River House has a long history of an income-producing Hudson River estate with institutional pedigree and a rare, build-out opportunity. As an hospitality space, it creates wonderful optionality offering multiple areas to celebrate, entertain, take in incredible vistas and use the River. The property gently slopes down to the approximately 1, 500 linear feet of accessible, Hudson River frontage, where one can launch kayaks or add a floating dock (with approval), fish, jet ski or swim. Set in Catskill, NY, this estate places you close to the best of the Hudson Valley---riverfront scenery, charming nearby towns, hiking, antique shops, art galleries, incredible farm-to-table dining, and seasonal adventures. Local Attractions include charming, downtown Catskill, the vibrant town of Hudson, Olana State Historic Site, Thomas Cole National Historic Site, Hudson Amtrak Station all within 15 minutes from the property. The Catskill Mountains with its hiking trails & ski areas are within 30 minutes. Currently a successful short-term rental property, River House works well as a great investment property or can be updated to create an extraordinary, generational compound.
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:
$6,650,000
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 | $5,320,000 | $5,320,000 | $5,320,000 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | $3,102 | $3,102 | $3,102 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $30,206 | $31,896 | $44,893 |
| Total Monthly Payment | $33,433 | $35,123 | $48,120 |
* 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.