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Welcome to 37 Summit Ave, Catskill a Legal Two-Family with Single-Family Potential & Mountain Views Bring your vision and your contractor to this classic 1870s Village of Catskill home, a legal two-family residence that could be converted back to a spacious single-family home. Offering over 2, 500 sq ft, 5 bedrooms, 2 kitchens, and 2 full baths, this property provides flexibility for renovation, income potential, or owner-occupied living. Some original architectural elements remain, including wood staircases, some wide trim, and a covered porch, plus a decorative stained-glass door, not original but still adds character. The home does need work throughout, making it a true fixer-upper, but the scale, layout, and Village location offer strong upside. Set on a 0. 19-acre lot, the property features public water and sewer, oil heat, and a full basement. Enjoy mountain views and proximity to Main Street Catskill, the Hudson River, shops, dining, and easy access to the Catskills and Hudson. Well-suited for investors, contractors, or buyers looking to restore or reimagine a classic Village property. A solid opportunity in a location that continues to gain attention.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.120% | 5.541% |
| Monthly Tax Payment | $343 | $343 | $343 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,787 | $1,912 | $2,566 |
| Total Monthly Payment | $2,205 | $2,330 | $2,984 |
* 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.