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Looking for a waterfront home in Greenwood Lake's desirable Forest Knolls community? Now is your chance to to purchase one of the lowest priced lakefront homes on Greenwood Lake - Orange County's largest and only motor boat lake. Enjoy stunning sky, lake and mountain views everyday. This home has "great bones" with spacious rooms and a nice layout. With a little refresh this home will provide you and your family memories to last a lifetime. The main floor features the kitchen, a large open living and dining area with hardwood floors, a fireplace and wall of windows facing the lake. There is also an additional room that can be an office or a den. A half bath conveniently features a washer and dryer. The second floor features two large bedrooms, two full bathrooms in addtional to a balcony off the primary bedroom. The exterior of the home features a deck, dock and boat lift. This sale is 'as is. ' Call your agent and book your showing today. Floorplans and 3-D tour available. Optional membership to the Forest Knolls lake association offers sandy waterfront, more docking and a picnic area. Nearby attractions include the Appalachian Trail, Weekend Concerts, Wineries, Breweries, Mount Peter Skiing, Renn Faire, Water park, Outdoor Movie Theatre, Legoland, Farms & Botanical Gardens. High School Choice: Warwick Valley HS or Chester Academy. Only 1 hour from NYC.
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Our Executive Mortgage Banker:
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$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $1,173 | $1,173 | $1,173 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,787 | $3,936 | $5,016 |
Total Monthly Payment | $5,052 | $5,201 | $6,281 |
* 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.