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The property encompasses 83+ acres of mature woodland, offering considerable privacy and natural beauty. Turner Brook flows through the central part of the land, adding a desirable water feature. It features substantial road frontage, measuring approximately 1218 feet along Cold Spring Road and added frontage on Denton Falls Rd, ensuring convenient access. The parcel holds both residential and agricultural zoning designations, providing flexibility for various potential uses, from a private estate or family compound to agricultural endeavors. The property is strategically positioned between the Lost Lake development and the Neversink Unique Area, 5, 466 acres of state-protected "forever wild" land, guaranteeing enduring, unspoiled natural vistas and recreational access. Despite its private, natural setting, the location offers convenient access to a wide range of Sullivan County attractions and amenities. These include the Monticello Motor Club, Resorts World Catskills Casino, The Kartrite Resort & Indoor Waterpark, Bethel Woods Center for the Arts (site of the 1969 Woodstock festival), Sullivan County International Airport, the historic Forestburgh Playhouse, multiple golf courses, and various shopping and dining options. Just 2 hrs from NYC, this land holds immense potential for those seeking to develop a private retreat, engage in outdoor pursuits, or establish a legacy property surrounded by enduring natural beauty.
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Our Executive Mortgage Banker:
Our Insurance Division:
$697,000
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 | $557,600 | $557,600 | $557,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,479 | $3,663 | $4,668 |
Total Monthly Payment | $3,571 | $3,755 | $4,760 |
* 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.