3189 Route 28, Olive, NY, 12481 | $379,900

CALLING ALL INVESTORS WHO WANT TO OWN A PROPERTY ON ONE OF THE BUSIEST SECTIONS OF STATE ROUTE 28, RIGHT ON THE CORNER OF ROUTE 28 & RESERVOIR RD. PROPERTY HAS PARKING FOR 15-20 CARS. THERE IS PARKING FOR VEHICLES ON THE FRONT, REAR & SIDE OF THE BUILDING. 2100 PLUS SF OF RETAIL BUSINESS ENDEAVORS. THEY CAN HAVE THEIR BUSINESS ON THE MAIN LEVEL AND LIVE ON THE 2ND & 3RD LEVELS OF THE BUILDING. SO MANY OPTIONS HERE. THERE IS SEPARATE ELECTRIC FOR THE FIRST & SECOND FLOORS. . THERE IS PROPANE HEAT FOR THE MAIN LEVEL & ELECTRIC HEAT ON THE 2ND & 3RD FLOORS. THERE IS ALSO CENTRAL AIR ON THE MAIN LEVEL OF THE BUILDING. THERE IS PLENTY OF STORAGE THRU-OUT THE BUILDING & EVEN A SEPARATE 12X28 STORAGE BUILDING.

Features

  • Property Type: Retail
  • Construction: Frame
  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Zoning: 02
  • Lot Size: .25
  • Year Built: 1910
  • Acreage: 0.25
  • Est. Taxes: $3,556
  • Lot Desc: Corner Lot, Landscaped, Level
  • MLS#: 20244163
  • Days on Market: 291 days
  • Website: https://www.raveis.com
    /prop/20244163/3189route28_olive_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region

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.

Xin WangSales Associate

509.339.9228

Xin.Wang@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@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

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@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

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@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

3189 Route 28, Olive, NY, 12481

$379,900

Xin Wang

Sales Associate

William Raveis Real Estate

Phone: 509.339.9228

Xin.Wang@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $303,920 $303,920 $303,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.398% 5.595%
Monthly Tax Payment $296 $296 $296
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,774 $1,871 $2,463
Total Monthly Payment $2,145 $2,242 $2,834

* 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.