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Buckle up! 5 Downer Lane may be the most interesting property you see all year! This 19th century hand-hewn barn-to-house conversion has 35 foot ceilings, sunlight and bespoke stain glass throughout. The layout is wide open to your own creativity and all the possibilities you can conjure up. Permitted as a successful year ‘round Airbnb and currently configured with three bedrooms (two in the turret!) and two additional sleeping areas, it has FIVE designer bathrooms, a grand living/ dining space - with a fireplace and the chandelier of your dreams. This magical abode should not be missed, if fun and FABULOUS are what you are looking for! With bluestone kitchen including Eisenhower pink retro-style appliances by Big Chill, and a screening room for 20 people, this home at more than 3100 square feet offers plenty of space to dream! A cabana with 2nd kitchen opens onto a huge circular deck over 3000 sq ft with complete southern exposure. It completely surrounds the heated pool and hot tub with a view of the mountains and plenty of sky. The 5. 85 acres offers up additional amenities, such as a dry sauna, custom-built tiny house, and a separate gym complete with electricity and matted floors. Dream BIG and make this classic Woodstock retreat all yours. A PERFECT reason to call the Hudson Valley, HOME.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $2,533 | $2,533 | $2,533 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,885 | $7,658 | $10,173 |
Total Monthly Payment | $9,543 | $10,316 | $12,831 |
* 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.