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Discover this stunning 3-level lakefront gem in the heart of the Hudson Valley just a quick one-hour drive from NYC! With breathtaking lake and mountain views, this four-bedroom, three-bath home offers the perfect blend of serenity and convenience. Boasting exclusive lake and beach rights, it’s an outdoor lover’s paradise. . Located in the highly sought-after Blue Ribbon Cornwall Central School District. This recent remodel has three levels of brand new Trex decks, with seven decks total. The top level boasts an exquisite primary bedroom suite with vaulted ceilings, a wall of windows, and a private deck. A full bath with a Jacuzzi tub and a sitting/office area completes the primary suite. There is also a second bedroom on the top level. The second floor has a beautiful open living/dining area, a kitchen, dining room, full bath, and extra living area/game room with a pool table and vaulted ceilings. The bottom level offers a family room, two bedrooms, and a full bath with a separate entrance, allowing for a fantastic In-law suite for mother/daughter. It has plumbing ready for the lower-level kitchen with your dream vision. This level also includes an exercise room and a beautifully restored covered porch that leads to the outdoor living area, complete with a patio and Trex-deck enclosed pool. The outside property includes mature landscaping, front privacy fence, large parking area, front porch, walkway leading to the lake, pergola arbor, large storage area and a shed. The lake owners' lake right includes a clubhouse and access to a private beach 2 houses from the property. Here's the kicker: This property has AMAZING potential to take in rental income on Airbnb or VRBO, making it not only great for families but an investor’s dream in this sought-after getaway spot. Did we mention it’s lakefront? Don’t miss out on this rare opportunity!"This home has all the privacy and accessibility the Hudson Valley offers. This property is a commuter's dream as well, perfectly located only 5 minutes from the Salisbury Mills train station, 10 minutes from Stewart International Airport, 15 minutes from West Point, and one hour from NYC.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $1,067 | $1,067 | $1,067 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,792 | $3,941 | $5,022 |
Total Monthly Payment | $4,951 | $5,100 | $6,181 |
* 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.