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Tucked into the scenic countryside of Olivebridge, this rare dual-residence property at 10 & 14 Kelder Highway offers versatility, income potential, and easy upstate living on 1. 7 picturesque acres. The first residence is a quaint 3 bed / 1 bath cottage recently updated with new appliances, new flooring, and fresh paint throughout. The main level features two bedrooms, one bathroom, eat in kitchen, large living room and a laundry closet. Upstairs a large light filled bedroom and additional storage space. Bright and efficient, this home is perfectly suited for guests, long term tenants, or as a primary residence.
The second home features a spacious 3 bed / 2 bath manufactured home, also updated with new kitchen appliances, new flooring, new lighting and fresh paint. This home has high ceilings, large windows and a generous sized primary bedroom with en suite bathroom and double closets.
Adding even more value a concrete block storage shed, with electricity could be used as outdoor storage, a workshop or studio space.
Set in the low tax Town of Olive the property is surrounded by peaceful mountain views while still providing convienent access to Kingston, Stone Ridge and Woodstock. Just a short drive to the Ashokan Reservoir for picturesque trails, biking paths, and panoramic views. Whether you are looking for your next investment venture, or to create a flexible living situation, this unique turn key offering delivers both comfort and opportunity.
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
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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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $457 | $457 | $457 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,835 | $2,951 | $3,913 |
| Total Monthly Payment | $3,384 | $3,500 | $4,462 |
* 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.