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At the entrance to Phoenicia's picturesque Woodland Valley you will find this amazing one of a kind compound. Current owners have lovingly maintained and renovated almost every part of the property. They have been living in the main house and running a thriving short-term rental business for the past 13 years and were featured in Curbed NY as one of the best vacation rentals in the Hudson Valley. They are now ready to retire and to transfer the property to the new lucky owners. The property includes a main house with three bedrooms and one and a half baths with an expansive eat-in cooks kitchen, beautiful living room with fireplace and a downstairs den. Adjacent to it is a large studio with its own kitchen and lovely sitting porch that can be accessed from the main house or via a separate entrance and would make a wonderful in-law suite. To one side is an independent one bedroom cottage and at the other side a two story independent Zen cottage with a bedroom and loft bedroom. These buildings all share a large yard with a garden, fire pit, shed and an outdoor bar area with a mountain back drop and the sounds of the Esopus River where you can enjoy fly fishing or a cold plunge at a local swim hole only a 3 minutes walk away. The quaint town of Phoenicia has a library that lends out fishing poles and ukuleles, hosts a Sunday farmers market and many annual events as well as being close to three ski resorts. Foodies will appreciate The Phoenicia Diner, Bettina's as well other farm-to -table restaurants. Come view and bring your imagination to how this incredible property may best suit your own individual needs. The 3 rentals can be delivered furnished or unfurnished, with the exception of art work. Most of the main house furniture can be purchased if desired. Please contact the town regarding short term rental regulations.
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William Raveis Real Estate
Phone: 888.699.8876
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $800 | $800 | $800 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,260 | $4,738 | $6,295 |
Total Monthly Payment | $5,152 | $5,630 | $7,187 |
* 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.