1959 Old Route 17, Roscoe, NY, 12776 | $995,000

Have an apartment in the Catskills in a fully leased property in Roscoe! This is a different opportunity for someone who wants the convenience of apartment living as a primary residence or a second home that pays for itself. The property is a fully leased (except the apartment which is occupied by the owner), has excellent cash flow, its in great condition, and requires little maintenance. Walk to all amenities in town and a short stroll to the Willowemoc & Beaverkill Rivers. Enjoy the region on your own time without having to maintain a house. The 880 square foot apartment has a private entrance with a roof deck. It is above the Beaverkill Angler (a fly fishing retail store) so there is no noise in the evening and it is a seasonal business. The other tenants are Jim Serio Real Estate and The Junction, a great bar and restaurant (no noise penetration from that business to the apartment). Renovated in 2018 its in move in condition and could also be rented on an short or long term basis. The owner is the listing agent and a licensed New York State Real Estate Salesperson with Keller Williams Up State New York Properties.

Features

  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Laundry Room
  • Style: Quadruplex
  • Year Built: 1962
  • Heating: Electric, Other
  • Cooling: Electric
  • Basement: Partial
  • Acreage: 0.21
  • Est. Taxes: $9,825
  • MLS#: 906888
  • Days on Market: 110 days
  • Website: https://www.raveis.com
    /prop/906888/1959oldroute17_roscoe_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 Keller Williams Upstate NYProp   Phone: 607-637-2992

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:

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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

1959 Old Route 17, Roscoe, NY, 12776

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.048% 5.858% 5.681%
Monthly Tax Payment $819 $819 $819
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,273 $4,645 $6,504
Total Monthly Payment $5,184 $5,556 $7,415

* 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.