515 Old Depot, Stanfordville (Stanford), NY, 12581 | $795,000

If you crave a truly unique property, love history or dream of hosting short term rentals, this property might be your ticket to ride. Built in 1889, the historic Train Station in the hamlet of Stanfordville is the only existing station remaining along the original former P&C line that ran alongside Wappinger Creek (known as one of the top 10 trout streams in NYS). Originally, the buildings consisted of the main passenger station, the coal shed and the freight shed each of which have been lovingly transformed into three warm and welcoming cottages that must be seen to be appreciated. The original Depot features a well-thought-out cook's kitchen complete with soapstone counters, granite sink, and full six burner Capital brand gas range featuring a wok ring, rotisserie and convection oven. Owner's Suite includes a landing area reading nook. The only bedroom is huge and light filled and finished with a wall of closets with a hidden office nook tucked away at the far end. The massive full bathroom holds a walk-in shower, soaking tub, yards of counter space and storage and a truly impressive vaulted ceiling. The stunning tiles featured throughout the bath were handmade by the master potters who previously owned the property. The the single bedroom Creekside Cottage with its tall central tower is accessed via the small deck surrounding the koi pond. As you enter, one half flight of stairs takes you to the full bath in the second story tower, and the second set leads down to the kitchen, living, dining and one large bedroom. There you will also enjoy a beautiful deck with stairs leading to the creek where you might enjoy the fire pit or tubing the length of the property between the bridges. The Warehouse Loft features a large living area and one massive bedroom, referred to as the Bunk Room, on the first floor, while the second floor kitchen, dining and entertaining area. A large storage area on the second floor holds potential to become an additional bedroom, or a full kitchen. This cottage also has a traditional one car garage as well as a greenhouse. Until recently, the two guest cottages were offered for short term rental, achieving high marks from visitors and earning the owners super host status. If your dream is to host guests, the Sellers are willing to help the new owner set up the website. Centrally located in Northern Dutchess County just 90 miles from New York City with easy access to Metro North, Amtrak, and the Taconic State Parkway. , AboveGrade: 3461, Below Grnd Sq Feet: 200, EQUIPMENT: Smoke Detectors, FLOORING: Slate, Wood, FOUNDATION: Stone, InteriorFeatures: All Window Treatments, Gas Stove Connection, Washer Connection, Level 1 Desc: DEPOT(MAIN)HOUSE: LR, DR, KIT, BATH, BR, PORCH, PLAYROOM, Level 2 Desc: COTTAGE2: LR, KIT/DINING, BR, BATH, Level 3 Desc: COTTAGE 3: OPEN LIVING, BR, GAME AREA, BATH, Other School: PRIVATE, ROOF: Asphalt Shingles, Unfinished Square Feet: 200

Features

  • Town: Stanfordville
  • Bedrooms: 3
  • Baths: 4 full
  • Style: See Remarks
  • Year Built: 1860
  • Garage: 1-car Attached, Garage, Off Street
  • Heating: Hot Water
  • Cooling: Wall Unit(s)
  • Basement: None
  • Approx Sq. Feet: 3,661
  • Acreage: 2.74
  • Est. Taxes: $15,296
  • Lot Desc: Sloped
  • Water Front: Yes
  • Elem. School: Seymour Smith Intermediate Lrn Ctr
  • Middle School: Stissing Mountain Jr/Sr High School
  • High School: Stissing Mountain Jr/Sr High School
  • School District: Pine Plains
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven
  • MLS#: 420193
  • Days on Market: 127 days
  • Website: https://www.raveis.com
    /prop/420193/515olddepot_stanfordville_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 Houlihan Lawrence Inc.   Phone: 845-677-6161

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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515 Old Depot, Stanfordville (Stanford), NY, 12581

$795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $636,000 $636,000 $636,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $1,275 $1,275 $1,275
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,339 $4,227 $5,363
Total Monthly Payment $5,706 $5,594 $6,730

* 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.