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Experience quiet country living with this beautiful 69 acre mixed-use farm & investment property! *For additional info on rental units, etc. please see MLS# 850195 (residential income)* -- This unique property has so much to offer, including FOUR rental units (3 single family homes + a 3-bedroom apartment), a scenic creek that runs along the entire edge of the property (perfect for summer swims!) , stunning woodland trails with views of the mountains and farmland, along with multiple large barns & fertile soils, ideal for farming & agriculture. ---- The 2, 157 sq. ft. historic stone house, built in 1780, has 2 bedrooms, 1. 5 baths, hardwood floors, a large parlor, a dining room and living room, a porch overlooking the pond & a separate large carriage house 2 storage bays, a garage space, & a second floor that can be converted into additional storage or living space. This home has been recently updated & has a new roof & new septic system. ---On this property you will also find a large private pond (perfect for fishing!), tons of storage areas, and a 3-bay workshop (perfect for wood-working or other hands-on projects), several large barns capable of storing farm equipment, hay, boats, animals, lumber, vehicles, etc. , and wooded areas for hiking & other ideal spots for hunting or camping. ---In addition to the stone house, this property also has 3 ADDITIONAL units. It also has a well and septic already set up for a potential 5th unit near the pond, making this an incredible investment opportunity! The fields can also be leased out to farmers for additional income & tax exemptions. ---The 3 additional units include: --"The Log House" which is a 1, 068 sq. ft. single-family log home built in 2005, with 2 bedrooms (plus 2 garrett rooms on second floor), 1 bathroom, a full basement and a large wrap-around porch. --"The Ranch" which is a 1, 425 sq. ft. ranch-style modular home built in 2005, with 3 beds and 2 baths, a large full walk-out basement, a beautiful spacious yard with a large pond, and a storage shed. There is also a small creek that runs along the back of the home, a large wrap-around porch, and a ton of privacy! -- *This unit is located on the opposite side of the road, along with the existing well & septic for potential 5th unit - this portion of the property would be easily subdividable. * ---"The Milkhouse Apartment" is a roughly 950 sq. ft. 3 bed, 1 bath apartment located on a second floor above the milkhouse. It has a spacious living room with a sliding door to the rear deck which allows for privacy and views of the back fields & the creek, and it also has a large storage unit underneath. ---The property also has 2 chicken coops if you are looking to raise your own chickens! There are also multiple large barns capable of housing many other animals, making this an ideal place for an animal sanctuary. ---This property offers both convenience & peace and quiet. It is located on a quiet back road, but less than 10 minutes from downtown Hudson, grocery stores, schools, restaurants, clothing stores, and the train station. Located in town of Greenport (does not have zoning). The possibilities here are endless -- come see it for yourself!
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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 | $1,800,000 | $1,800,000 | $1,800,000 |
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% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,362 | $11,526 | $15,311 |
Total Monthly Payment | $10,487 | $11,651 | $15,436 |
* 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.