127 Pine Street, Wurtsboro, NY, 12790 | $1,260,000

Great investment opportunity! 124K/gross revenue, 8% cap rate! Newly built (2024) quadruplex featuring 4 luxury townhouse-style units, each offering 2 bedrooms and 1. 5 baths with premium finishes and superior craftsmanship throughout. Ideally located in the Catskills and just 75 miles from NYC, this property offers the perfect blend of modern living and strong investment potential. Each unit showcases an open-concept floor plan with a high-end kitchen featuring quartz countertops, stainless steel appliances, vented range hoods, and ample custom 42" soft-close cabinetry. A stylish half bath on the first floor and three closets adds everyday convenience. The second level offers two spacious bedrooms with large closets that adjoin to a luxurious full bathroom with high-end fixtures and a beautifully tiled shower/tub, and a washer/dryer closet. A striking oak staircase adds warmth and architectural character. Additional highlights include 10-foot ceilings, hardwood floors throughout, large windows that flood the space with natural light, recessed lighting and high-efficiency two-zone central heating and cooling. Built with comfort and privacy in mind, the property features double sound-barrier walls between units, ensuring quiet, townhome-style living. Each unit includes a private entry deck and two dedicated parking spaces. Only one block from the quaint village with shops and restaurants and conveniently located with quick access to Route 209 and Route 17, near Garnet Health Medical Center- Middletown and other major medical facilities, this prime location supports strong rental demand. Enjoy all the benefits of Catskill living including the Catskills Casino. hiking, bilking, Yankee Lake while remaining easily accessible to New York City. Separate meters. An exceptional opportunity to live in one unit and generate rental income from the others—ideal for investors or owner-occupants seeking quality construction and long-term value.

Features

  • Bedrooms: 8
  • Baths: 8 full
  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Unit
  • Style: Other
  • Year Built: 1900
  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Acreage: 0.18
  • Est. Taxes: $7,823
  • Elem. School: Emma C Chase School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • MLS#: 952792
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /eprop/952792/127pinestreet_wurtsboro_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 Terrie OConnor   Phone: 201-786-9055

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:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

127 Pine Street, Wurtsboro, NY, 12790

$1,260,000

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 $1,008,000 $1,008,000 $1,008,000
Term 360 months 360 months 180 months
Initial Interest Rate** 4.875% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.925% 5.858% 5.681%
Monthly Tax Payment $652 $652 $652
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,334 $5,882 $8,236
Total Monthly Payment $6,111 $6,659 $9,013

* 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.