1786 Wiley Road, Mohegan Lake, NY, 10547 | $675,000

Nearly 3000 Square foot home ideal for multi-generational living plus a second buildable lot! It sounds too good to be true but it's not! There are so many options here. Keep both properties for yourself with plenty of land for the ultimate celebrations, with room to play, entertain, cultivate a sprawling garden, install a resort-style pool, and park 8-10 vehicles, toys, even a boat. If you don't need this much property, consider selling the 2nd lot (1760 Wiley Road) to go towards your mortgage. Or, you could even build another house for yourself or as an investment. What an incredible opportunity! Each of the 3 floors features it's own separate entrance with plenty of space and privacy for everyone. Enter the main level to find such a welcoming design. A charming arched entry opens to a massive living room with fireplace, gleaming hardwoods floors, and gorgeous windows exuding natural light. On the other side of this timeless archway, you'll find a spacious dining room ideal for gathering with loved ones. Both spaces have beautiful built-in shelving, adding to the character and grace of the home. The seamless flow continues into the eat-in-kitchen where the aroma of home-cooked meals will create cherished memories for years to come. A gentle hall takes you to a super-sized primary bedroom with so much space for your furniture, complimented with it's very own full bath. There are two more comfy bedrooms, and a second full bathroom completing the first floor (3 beds and 2 full baths total). The second level was an approved accessory apartment, nearly 600 square feet, and the new buyer can simply reapply and get this reinstated. It's an fantastic extra space that works perfectly as an in-law set-up, equipped with a living room, den, full bath and dinette. The fully-finished walk-out basement, almost 1000 square feet, is the icing on the cake! This area boasts another living room, office or work-out room, wet-bar with cabinets, a fourth full bath, laundry/utility room, and the most breathtaking sun-room you'll ever find. Outside is just as divine! Situated in a quiet neighborhood, the grounds are not only expansive and well-maintained, but feel like a storybook come to life! Soon, the flowering dogwood will sprout, songs from different birds will blissfully echo, and you'll feel as if there's not a care in the world. Ride bikes or take a stroll on the serene street. Walk to restaurants, shops, then come back and enjoy the cool central air inside. This 3-story treasure is truly one of a kind! There is no other property on the market like this in the area, so please do not let a chance like this pass you by.

Features

  • Rooms: 14
  • Bedrooms: 3
  • Baths: 4 full
  • Laundry: In Basement, Laundry Room
  • Style: Cape Cod
  • Year Built: 1962
  • Heating: Forced Air, Hot Air, Oil
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 2,996
  • Acreage: 0.58
  • Est. Taxes: $14,718
  • Lot Desc: Back Yard, Front Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Paved, Split Possible, Subdivided, Views
  • Elem. School: George Washington Elementary School
  • Middle School: Lakeland-Copper Beech Middle Sch
  • High School: Lakeland High School
  • School District: Lakeland
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Washer, Gas Water Heater
  • MLS#: 838573
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/838573/1786wileyroad_moheganlake_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of RE/MAX Classic Realty   Phone: 914-243-5200

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1786 Wiley Road, Mohegan Lake, NY, 10547

$675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.490% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.649% 5.764%
Monthly Tax Payment $1,227 $1,227 $1,227
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,109 $3,410 $4,409
Total Monthly Payment $4,427 $4,728 $5,727

* 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.