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Presented by![]() Joe Olivastro |
Imagine owning a lakeside sanctuary where cherished memories unfold with every sunrise. This six-bedroom, 4. 5-bath retreat on the shores of Swan Lake is more than a home—it’s a canvas for the life you’ve always dreamed of. Picture summer afternoons spent kayaking across the tranquil waters, children’s laughter echoing as they swim and play, and evenings where everyone gathers around the fire pit, sharing stories under a blanket of stars. When the leaves turn golden and crimson, the lake becomes a mirror of autumn’s brilliance—a perfect backdrop for quiet mornings on the deck with a steaming mug of coffee in hand. Winter brings a different magic. After a day of sledding down powdery hills or gliding across the ice, gather by the fire’s glow, warmed by laughter and hot cocoa. And as spring breathes new life into the Catskills, hiking, fishing, and serene boat rides await, inviting you to reconnect with nature and each other. But this home isn’t just about your joy—it’s a rare opportunity to offset costs and build wealth while you’re away. In 2024, the sellers generated $55, 000 in rental income, with $35, 000 from Airbnb and VRBO rentals and an additional $20, 000 privately. And with $11, 829 worth of reservations already booked for 2025, the potential to continue that success is right at your fingertips. Perfectly positioned just two hours from NYC, your lakeside escape is also a gateway to the best of the Catskills. From the cultural richness of Bethel Woods to the charming shops and eateries of Livingston Manor and Narrowsburg, and the excitement of Resorts World Catskills and Monticello Raceway, adventure is always within reach. Whether you’re launching a kayak at dawn, ice skating under a silver sky, or simply gazing out at the shimmering lake from your own private haven, this property offers both tranquility and opportunity. The memories you create here will be priceless—and the income potential makes it a savvy investment, too. Are you ready to make this lakeside dream your reality?
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,900
Sales Associate
William Raveis Real Estate
Phone: 239.777.3225
Joe.Olivastro@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $854 | $854 | $854 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,661 | $3,375 |
Total Monthly Payment | $3,457 | $3,590 | $4,304 |
* 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.