Perfect opportunity to develop your dream home in historic Tuxedo Park. Nestled in the heart of the Ramapo Mountains, this rare 2.7-acre parcel in the prestigious Village of Tuxedo Park offers an unparalleled opportunity. Once part of the grand F. Abbott Ingalls estate, established in 1903, the property is steeped in rich architectural heritage. Tuxedo Park, a designated historic district since 1980, is renowned for its landscapes, private lake access, and an exclusive clubhouse. Residents enjoy a lively lifestyle with a private boat club, beach club, and miles of picturesque walking trails. The property is located within 45 minutes of Manhattan, NYC with magnificent views and utilities on the grounds. Whether envisioning a luxury residence or an exceptional development project, this property offers limitless potential.
Serpentine Road, Tuxedo, (Tuxedo Park), NY, 10987
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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