258 Watson Hollow Road, Olive (West Shokan), NY, 12494 | $699,000

Spacious 3 bedroom home with breathtaking mountain views. Perched on a hill, this home offers panoramic mountain views and sits on 19. 20 acres bordered by a serene stream. There is a front entrance to the home that brings you into the lower level foyer room with blue stone flooring. . On this level is a finished game room/ office space/TV room with plenty of finished space. You also have access to the two car garage and furnace room. There is a brand new oil tank in the garage, a new stove in the kitchen and a brand new washing machine in the utility area. There is an electric stair chair as you come into the foyer that can bring you upstairs to the main level of the house where you can enjoy the open and airy living space with plenty of natural light and peaceful views of the mountain. You can also snuggle up by the brick wood fireplace on those cold winter nights while you watch the snow falling outside the three picture windows overlooking the front fields and mountains. If you are looking for studio space, a guest house or even additional income there is a knotty pine studio with a small loft, retro kitchen and bathroom heated with a wood stove and a monitor kerosene heater. This little studio is located behind the main house. With almost 20 acres you have the tranquility of nature right at your doorstep. A perfect retreat for those seeking privacy and scenic beauty. Minutes to the Town of Olive Swimming Pool, The Ulster County Rail Trail, and beautiful walks on the Ashokan Reservoir.

Features

  • Town: Olive
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 1960
  • Garage: 2-car
  • Heating: Baseboard, Hot Water, Oil, Wood
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 1,596
  • Acreage: 19.2
  • Est. Taxes: $6,625
  • Elem. School: Reginald Bennett Elementary School
  • Middle School: Onteora Middle School
  • High School: Onteora High School
  • School District: Onteora
  • Appliances: Dishwasher, Dryer, Electric Oven, Oven, Refrigerator, Washer
  • MLS#: 940454
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/940454/258watsonhollowroad_olive_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 Win Morrison Realty   Phone: 845-339-9999

William Raveis Family of Services

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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!
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516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

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

258 Watson Hollow Road, Olive (West Shokan), NY, 12494

$699,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.301% 6.487% 5.614%
Monthly Tax Payment $552 $552 $552
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,308 $3,489 $4,532
Total Monthly Payment $3,952 $4,133 $5,176

* 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.