17 Collins Road, Eldred, NY, 12732 | $485,000

Opportunities do Exist!! Bring your vision to life with this amazing 5, 600 square foot building on nearly 3 acres of beautiful land. Formally the American Legion Hall, this versatile property sits on a quiet country road and is packed with potential for residential, special use, or home business conversion. The Flexible Interior features 2 individual offices (easily convertible to bedrooms), 2 bathrooms (one with a shower), a massive meeting room perfect for a sprawling living/dining area, and a large full-service kitchen. The Massive Garage Space offers 3 huge oversized garage bays for abundant car storage, boat storage, trucks, ambulance business, fire department or implement your own personal business plans, wood working, cabinet building or art studio. Garages Include utility room, 2 large storage rooms and a laundry room. Enjoy the comfort of radiant heat throughout the entire building and peace of mind with a large-capacity backup generator. Permitted Uses included 1 or 2 family home, home occupations, firehouses and emergency services, ambulances plus many more additional uses available via application for special use permits. This Prime Location offers plenty of parking and sits just minutes from Eldred for daily conveniences, Port Jervis for Metro-North commuters, and the Delaware River for outdoor recreation. Let your imagination soar with this exceptional property!

Features

  • Rooms: 9
  • Baths: 1 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Other, Ranch
  • Year Built: 2003
  • Garage: 3-car
  • Heating: Oil, Radiant
  • Cooling: Ductless
  • Approx Sq. Feet: 5,600
  • Acreage: 2.75
  • Est. Taxes: $7,088
  • Lot Desc: Back Yard, Near Public Transit, Near School, Near Shops, Part Wooded, Paved
  • Elem. School: George Ross Mackenzie Elem Sch
  • Middle School: Eldred Junior-Senior High School
  • High School: Eldred Junior-Senior High School
  • School District: Eldred
  • Appliances: Dryer, Exhaust Fan, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • MLS#: 1012464
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1012464/17collinsroad_eldred_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 CENTURY 21 GEBA REALTY   Phone: 845-856-6629

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

17 Collins Road, Eldred, NY, 12732

$485,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $388,000 $388,000 $388,000
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% 6.512% 5.846%
Monthly Tax Payment $591 $591 $591
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,324 $2,421 $3,196
Total Monthly Payment $2,990 $3,087 $3,862

* 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.