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Welcome to this expansive ±4, 600 sq ft property set on a full acre along the scenic Little Beaverkill Brook, offering a peaceful natural setting with a stream running through the property—ideal for relaxation, outdoor enjoyment, and fishing. This nicely renovated and highly versatile property features multiple living configurations, including 4 kitchens , 2 newly updated, 1 brand new kitchens, 1 kitchen needs renovation, all with quartz counter tops, along with 2 spacious living rooms highlighted by a new wood-burning fireplace. The home offers 6 bedrooms, 4 full bathrooms, and 1 half bath, making it well-suited for a primary residence, second home, or investment use. The lower level includes a finished studio apartment, washer and dryer, and a dedicated art room. An additional small apartment area in need of renovation provides further potential to expand living space or increase rental income. Additional highlights include approximately 2, 000 sq ft of unfinished basement space with strong potential for future finishing, as well as 3 electric meters already in place, offering flexibility for conversion into a 3-family property (permitted use) or continued mixed-use operation. Commercial zoning further supports a range of possibilities including Airbnb or Bed & Breakfast use (subject to town approvals). The property also features a newer aluminum roof with snow stoppers and gutters, and sits on a large, clear, and open parcel surrounded by mature trees, offering privacy and a natural setting. Conveniently located approximately 1. 5 hours from NYC and close to Roscoe, the Neversink River, local lakes, Resorts World Casino, and area ski resorts, this property combines space, flexibility, and accessibility. A rare opportunity for homeowners, weekend buyers, or investors seeking a multi-use property with strong upside potential in Sullivan County.
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Our Executive Mortgage Banker:
$599,000
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 | $479,200 | $479,200 | $479,200 |
| 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% | 6.410% | 5.595% |
| Monthly Tax Payment | $656 | $656 | $656 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,796 | $2,951 | $3,884 |
| Total Monthly Payment | $3,544 | $3,699 | $4,632 |
* 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.