Windham Mountain! Now's the time to invest in one of the longest running businesses in the Town of Windham. Classic Old School Italian Restaurant that has the name and reputation the locals love and out of towners crave. In business for over 40 years, this institution is looking to pass the baton onto the next chef and family to continue the legacy. With millions of dollars of investment coming into the area, this venture is a diamond in the rough. Incredible location with plenty of room to expand and create something even more grand. Relaxed indoor and outdoor spaces for all occasions and seasons with huge potential for private parties and special events. Immaculate chefs' kitchen that has the space and capacity to do volume and numbers. Classic bar to gather with friends and family. An Incredible turnkey opportunity to become a staple in the community. Millions of dollars of investments and acquisitions pouring into local development and hospitality properties signals there's more to come for Windham. Here's your chance to build what they're looking for. The property is being sold fully turnkey but if you're looking to change gears it's the perfect setup for a Brewery, Tavern, Farm to Table Restaurant, Wine Bar, and more. The best is yet to come to Windham!. Just 2. 5 hours from New York City with a growing demand in search for the perfect getaway in The Catskills!
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Our Executive Mortgage Banker:
Our Insurance Division:
$605,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $484,000 | $484,000 | $484,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,343 | $3,180 | $4,052 |
Total Monthly Payment | $3,435 | $3,272 | $4,144 |
* 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.