1 Old Minisink Road, Ellenville, NY, 12428 | $624,900
Don't miss this UNIQUE and HISTORIC property in the CATSKILLS now available for sale! This gem is part of the former Boxer's Lakewood Hotel and Resort (owner has a deed going back to 1776!), since converted into a lovely large private residence! Featuring 5 BEDROOMS AND 3 1/2 BATHS this home is set in a well preserved old-world style chalet on 1. 1 ACRES! Great for a private home or CAN BE A TERRIFIC INCOME PRODUCING RENTAL OR COMMERCIAL PROPERTY OR SHORT-TERM RENTAL! Fantastic original details. Perfect for entertaining, this home also offers a large updated eat-in kitchen, formal dining room, cozy living room with wonderful wood-burning fireplace and massive game-room/den with a bar. 3 newer HVAC split systems for added and efficient heating/cooling. Outside you'll find a large second floor balcony, covered front porch and back patio and large shed. This sale also includes a LARGE SWIM SPA (originally $30, 000) and a free-standing generator. NEW ROOF and newer hot water heater plus plenty of parking. This is a story-book setting nestled along the TROUT-FILLED LEUREN KILL STREAM WHICH RUNS UNDER THE HOME OVERLOOKING THE SHAWANGUNK RIDGE MOUNTAINS. The lovely Town of Ellenville is known for nature-lovers and those seeking a strong community feel. . . . . Don't miss this wonderful and UNIQUE Catskill home like no other! . . . This could also be a wonderful bed and breakfast or restaurant! Or, live in one, receive monthly income from the other. . . . . Offered also in conjunction with the income producing 5-unit apartment building at 3 Old Minisink for a combined price of $1. 2M for interested buyers.
Features
- Rooms: 11
- Bedrooms: 5
- Baths: 3 full / 1 half
- Laundry: Inside, Laundry Room
- Style: Chalet, Ranch, Splanch, Tudor
- Year Built: 1930
- Heating: Baseboard, Hot Water, Oil, Other, See Remarks
- Cooling: Ductless
- Basement: Partial, Unfinished
- Approx Sq. Feet: 3,508
- Acreage: 1.1
- Est. Taxes: $4,342
- Lot Desc: Back Yard, Corner Lot, Front Yard, Level, Views
- View: Mountain(s), Trees/Woods, Water
- Water Front: Yes
- Elem. School: Ellenville Elementary School
- Middle School: ELLENVILLE JUNIOR/SENIOR HIGH SCHOOL
- High School: ELLENVILLE JUNIOR/SENIOR HIGH SCHOOL
- School District: Ellenville
- Appliances: Dishwasher, Dryer, Electric Range, Oven, Refrigerator, Washer, Oil Water Heater
- MLS#: 963438
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/963438/1oldminisinkroad_ellenville_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
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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
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1 Old Minisink Road, Ellenville, NY, 12428
$624,900
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 | $499,920 | $499,920 | $499,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $362 | $362 | $362 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,994 | $3,119 | $4,118 |
| Total Monthly Payment | $3,448 | $3,573 | $4,572 |
* 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