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The minute you step onto this 8+ acre compound called Mohegan Woodlands you will feel a sense of community and belonging. The 29 strategically placed cottages were constructed in the 1940's to attract city dwellers to the northern suburbs for a summer getaway experience. Occupancy is ONLY April 15 to October 15 but cared for 365 days making it worry-free! Cottage 21 has 3 bedrooms and 2 full baths with enough room to sleep 10! The 17 x 20 screened porch flanked on both sides with decking adds so much more space for gathering and relaxing in this bucolic, wooded setting. Cozy and rustic interior has an updated kitchen, windows replaced 2020, HW heater 2022, new roof 2024, flooring 2023 and new interior doors. Beautiful gardens surround the cottage along with a patio and firepit. Bring CASH because now is the time to buy, no financing available for a seasonal residence. The community has an inground pool, tennis, basketball, playground, handball, open fields, and social hall. Lake rights to Mohegan Lake Beach Park with a sandy beach, kayaking, swimming, and fishing. Located in the town of Yorktown within the beautiful Hudson Valley and nearby fine dining, farms, hiking, historic sites, shopping and the Hudson River, only 1 hour from NYC. This is a private community no entry without an appointment, thank you for your cooperation. Peace and serenity surround you as you unwind and relax. Buy now and be ready to enjoy this summer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
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 | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $819 | $808 | $1,021 |
Total Monthly Payment | $894 | $883 | $1,096 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.