1095 State Route 17B, Mongaup Valley, NY, 12762 | $825,000

This a Golden opportunity in a prime and sought-after location with two homes on 26+ acres in the heart of the Sullivan County Catskills. Location and land are perfect for a family compound, hobby farm, agri-business, artist/ yoga studio, live/ work situation, Airbnb/ rental income, and more. Main home is as charming as you can get with warm woodwork, elegant touches, and a fully functional interior. It is currently used for retail (antique shop) and offers a country eat-in kitchen, large living/ dining room, sunroom, 3 BR’s and 1 full bath with additional room and a full walk-up attic offering flex space. A full walk-out basement with utility sink is a bonus for workshop/ extra storage. The cottage is 2 BR’s, a full bath and an open concept (currently rented). Main house is approximately 2000 SF on main level, not including attic which is heated, cottage is 904 SF. Two outbuildings include a handy man barn as well as a new barn, which is 18x24, and well-built, insulated and heated - a great plus for your hobby needs and the perfect addition for studio/ storage. Some of the land around the homes is open and the rest is level and wooded with deciduous and evergreen trees and slopes down toward the back to small frontage on Ballard Road. Perfect for horses, farm animals, additional development… Situated in the town of Bethel with so many possibilities, let your imagination run wild!

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1934
  • Heating: Baseboard, Hot Water, Oil
  • Cooling: Ductless
  • Basement: Full, See Remarks, Walk-Out Access
  • Approx Sq. Feet: 2,904
  • Acreage: 26.81
  • Est. Taxes: $5,788
  • Lot Desc: Back Yard, Cleared, Front Yard, Level, Part Wooded, Sloped, Split Possible, Wooded
  • Elem. School: Kenneth L Rutherford School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • Appliances: Dishwasher, Range, Refrigerator, Washer
  • MLS#: 845036
  • Days on Market: 269 days
  • Website: https://www.raveis.com
    /prop/845036/1095stateroute17b_mongaupvalley_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 Malek Properties   Phone: 845-583-6333

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1095 State Route 17B, Mongaup Valley, NY, 12762

$825,000

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 $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.048% 5.984% 5.806%
Monthly Tax Payment $482 $482 $482
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,543 $3,904 $5,437
Total Monthly Payment $4,117 $4,478 $6,011

* 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.