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Capturing a spectacular 180-degree view of the Titicus Reservoir, this modern farmhouse is set atop 49 acres. The home designed by local architect Phil Franz, is perfectly positioned on the land. The interior design is tasteful, richly detailed, and flooded with natural light. A handsome main staircase frames a wide entry hall. Beamed and cathedral ceilings, extensive built-ins, and gleaming hardwood floors are all the hallmarks of the quality of the build. French doors open out to a broad stone terrace from the living room, breakfast room and primary bedroom. All of the first floor rooms including the primary suite face south towards the awesome view. Grass paths wind through glorious gardens to a kidney shaped pool and spa. Woodland trails are maintained throughout the property and lead to the the North Salem bridle trails. Private, serene and simply beautiful, this is a very special offering and an extremely rare opportunity with room for additional development. Just minutes from the hamlet of Purdys and the Metro North train station and 50 miles from Midtown Manhattan. Have lunch at Farmer and The Fish and live your best dream in wonderful North Salem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.613% | 6.435% |
Monthly Tax Payment | $6,484 | $6,484 | $6,484 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,608 | $30,314 | $41,122 |
Total Monthly Payment | $34,217 | $36,923 | $47,731 |
* 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.