Old Sackett Road, Rock Hill, NY, 12775 | $1,395,000

A rare opportunity for developers, builders, and investors to capitalize on a thoughtfully planned 28-lot subdivision in the heart of Rock Hill, New York. With preliminary subdivision approval secured and water and sewer authorizations already in place, this distinctive project offers tremendous potential in one of Sullivan County's most desirable locations. Situated on approximately 29 acres, the subdivision features generously sized homesites ranging around . 70 acres each. Water and sewer access, a premium setting among established upscale homes, and a private community atmosphere create the foundation for a highly desirable residential development. The current owner has carefully envisioned a community that includes recreational amenities, event space, a clubhouse, and pool facilities for residents. Continue with the existing concept, create a multi-generational compound, establish a wellness or lifestyle-focused residential neighborhood, or tailor the project to your own vision. Future homeowners will appreciate the unbeatable location, offering convenient access to shopping, dining, medical facilities, and major transportation routes, including NYS Route 17/I-86. Nearby attractions include the Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, Monticello Motor Club, the scenic Delaware River, and Bethel Woods Center for the Arts. Outdoor enthusiasts enjoy year-round recreation, including skiing, hiking, biking, boating, fishing, lakes, breweries, cideries, and countless other attractions throughout the Sullivan County Catskills. Adding to the appeal, the road infrastructure has already been cut in, and underground utility installation is underway, helping move this exciting project closer to completion. Bring your vision and unlock the potential of this extraordinary Catskills development opportunity.

Features

  • Lot Desc: Irregular Lot, Level, Private, See Remarks, Wooded
  • Elem. School: Emma C Chase School
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • MLS#: 1009507
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1009507/oldsackettroad_rockhill_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Malek Properties   Phone: 845-583-6333

William Raveis Family of Services

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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!
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Old Sackett Road, Rock Hill, NY, 12775

$1,395,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,337 $6,691 $9,417
Total Monthly Payment $6,462 $6,816 $9,542

* 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.