Spring has sprung and it is such a beautiful time of the year, here in Ancram, New York. The birds are starting to nest and are singing away!This 3 BR, 2 BA, 1768 sf log cabin is sited on 5 acres, and is surrounded by woods and meadows. A full basement below with its own fireplace (never used by these owners with no representation of its condition). There is a separate 3-acre parcel across the private road that is buildable. This will be offered first to the purchaser of the log cabin. The asking price for the separate 3 acre parcel is $50, 000. The heart of this REAL log cabin is the open living room/dining area and kitchen. The fireplace and wood stove further contribute to the ambiance. The fiber-optic broadband brings your connection to the world up to today's standards. On a private road and close to a road less traveled, this centrally located property offers privacy AND convenience to Pine Plains, Millerton and Hudson, New York and Great Barrington, Massachusetts and Salisbury, Connecticut. New York is about two hours via the Taconic State Parkway, while the Metro-North train station is a 30-minute trip. If you haven't discovered Columbia County yet, you are in for a treat! Enjoy the close proximity to organic farms, theatre venues, Tanglewood, antiquing, Catamount Adventure Park, historic Hudson and farm-to-table restaurants, while having a private setting. The songbirds are already practicing their serenades to inspire you to see what Ancram and Columbia County, New York are all about. See additional notes attached to this listing. Also message from Ancram Highway Superintendent about road closure beginning May 5 for bridge work.
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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 | $428,000 | $428,000 | $428,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,635 | $2,812 | $3,554 |
Total Monthly Payment | $2,727 | $2,904 | $3,646 |
* 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.