7 Depot, Fremont (Long Eddy), NY, 12760 | $1,300,000

Located in the most north western portion of Sullivan County, Long Eddy, NY is, and may have always been, the final frontier. On the banks of the Delaware River, the town earned its name from the eddy portion of the river, that is, you guessed it, long. From the early days of timber rafting and acid factories to the present modern day of fishing and kayaking; the river has forever been a lifeline of commerce and recreation for the town. As the Long Eddy Hotel and Saloon along with the Long Eddy General Store are offered here as a collective package, an opportunity exists like few others. An opportunity to build off the decades old business that has fed and watered countless people and created countless memories over its lifetime. The six-room hotel above the restaurant and saloon is ideal for anyone looking to capitalize on short term rental market. Downstairs there are private dining rooms and a historic saloon style taproom with original tin ceilings and wood burning stove create a genuine atmosphere that can be felt year round. The outdoor tiki bar, picnic tables and bbq pit create the perfect setting for entertaining large groups and parties throughout the summer months. The adjacent general store is complete with kitchen and deli and a four-bedroom apartment upstairs. This entire offering is virtually an entire block of the town and an opportunity for a new owner to create a tremendous hospitality and retail business. The proximity to the river offers even more opportunity to capitalize on the thousands of Delaware river visitors annually. This is a real community here in Long Eddy where you can build off this one of a kind business situation to make it your own and create lasting community impact for years to come.

Features

  • Town: Fremont
  • Property Type: Hotel/Motel
  • Construction: Clapboard, Wood Siding
  • Utilities: Electricity Connected
  • Heating: Oil
  • Cooling: Ductless
  • Year Built: 1890
  • Est. Taxes: $12,647
  • MLS#: 899051
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/899051/7depot_fremont_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 Land and Water Realty LLC   Phone: 845-807-2630

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7 Depot, Fremont (Long Eddy), NY, 12760

$1,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,040,000 $1,040,000 $1,040,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,054 $1,054 $1,054
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,824 $6,319 $8,706
Total Monthly Payment $7,003 $7,498 $9,885

* 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.