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Incredible opportunity to build your dream estate on this expansive 14. 71-acre parcel in Putnam Valley. Zoned R3, this beautiful, wooded, and sloped residential acreage features an impressive 622 feet of road frontage along a publicly maintained county road. Save years of municipal delays—this shovel-ready property comes with crucial development status approvals, including an approved building permit, DEP approval, and Board of Health approvals for a 5-bedroom home, drilled well, and septic system. Complete documentation is available, including the building plan, engineering report, percolation test, and site plan. The property offers unparalleled privacy, directly abutting the scenic Clarence L. Fahnestock Memorial State Park at the rear of the lot. Located within the highly rated Putnam Valley School District, it sits just minutes from the Taconic State Parkway for an effortless commute, and is close to local mainstays like the Tompkins Corners Cultural Center and Camp Combe. Bring your architect and custom builder to capitalize on a rare combination of acreage, location, and pre-approved builder convenience.
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:
$230,000
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 | $184,000 | $184,000 | $184,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,118 | $1,162 | $1,528 |
| Total Monthly Payment | $1,193 | $1,237 | $1,603 |
* 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.