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The Famous Woodstock Watering Hole located on Dr. Duggen Road, Bethel, NY, is only a few miles from the original site of Woodstock and is now for sale. Family owned since 1949, the present third generation owner says "it is time to retire. " The only watering hole for miles around includes an inside dinning room with a commercial kitchen and a small outside kitchen used in connection with the outdoor covered pavilion, beautifully built by talented Amish carpenters. The owners use their property for things like Open Mic, Band Performances, Car Shows and Holiday Bazaars. There is also an outdoor fire pit. Two one bedroom apartments round out the upstairs that could be rented out for additional income or if reconfigured would be an excellent apartment for the new owner, operator. Lots of paved parking and a extensive loyal customer base. Close to public motor boat lakes, White Lake and Lake Huntington. Only several miles from Lake Superior Park & Beach. The Bethel Woods Performing Art Center is also only several miles away. Located only a few hundred feet from Route 17B, the main artery to Bethel and two hours from NYC.
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$490,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $392,000 | $392,000 | $392,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $461 | $461 | $461 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,226 | $2,348 | $3,177 |
| Total Monthly Payment | $2,762 | $2,884 | $3,713 |
* 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.