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534-538 Platte Clove Road, Hunter, NY, 12485 | $329,900
Located minutes from the heart of Tannersville, this unique half-acre property offers not one, but two charming homes—perfect for investors, multi-generational living, or anyone looking to offset their mortgage with rental income. The main home is a spacious 4-bedroom, 2-bath two-story residence featuring a welcoming covered front porch and a sunny back deck, ideal for relaxing after a day outdoors. The second structure is a cozy, single-level 1-bedroom, 1-bath cottage, offering flexible options for guest use, extended family, or short-term rentals. Currently operating as a successful Airbnb, this property can be income-producing from day one. There's even a separate structure with a private sauna, enhancing the experience for guests and owners alike. Outdoor enthusiasts will love the location, 6 minutes to skiing at Hunter Mountain, and close to hiking trails, fishing spots, and all that the Catskills have to offer. Whether you're looking for a primary residence with added income, a weekend getaway, or a savvy investment, this property delivers.
Features
- Bedrooms: 5
- Units: 2
- Style: Cottage
- Year Built: 1940
- Basement: Crawl Space
- Acreage: 0.5
- Est. Taxes: $3,193
- School District: Hunter-Tannersville
- MLS#: 20253111
- Days on Market: 298 days
- Website: https://www.raveis.com
/prop/20253111/534538plattecloveroad_hunter_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 RegionListing courtesy of Keller Williams Realty HV Nort
William Raveis Family of Services
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Customer Service
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
534-538 Platte Clove Road, Hunter, NY, 12485
$329,900
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 | $263,920 | $263,920 | $263,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $266 | $266 | $266 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,581 | $1,647 | $2,155 |
| Total Monthly Payment | $1,922 | $1,988 | $2,496 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535