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Presented by![]() Paul Incerto |
Perched upon a corner lot knoll in the center of the hamlet of Arkville in Delaware County, this stately historic building awaits its next use. Boasting almost 8, 000 square feet on three levels, situated on just over an acre with endless possibilities. A portion of this building dates back to the 1700s with additions and renovations in the 1900's and had been used as a tavern, boarding house, apartments and its most current use as the home of the Catskill Center for Conservation and Development. It is within a BC; Business Commercial zoning district which allows for many possible uses. Presently there is a series of well appointed offices as well as a welcoming lobby, dining hall with kitchen, filing/storage room and restrooms on the first and second floors. The third floor is filled with natural light and some larger spaces as well as a partially unfinished section with four more possible rooms. Beautiful molding throughout as well as wide plank wood flooring. The surrounding properties include the Delaware and Ulster heritage railroad, just across the street as well as several shops, a distillery and eateries. The Village of Margaretville is just 1 mile to the west and offers a variety of amenities. Belleayre Ski Lodge is just 10 minutes to the east (+/-7miles). The property is serviced by municipal water and sewer. There is a +/-650 square foot detached outbuilding electric and plumbing with an array of solar panels that service the property.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
Sales Associate
William Raveis Real Estate
Phone: 203.858.8080
Paul.Incerto@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $780 | $780 | $780 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,632 | $3,772 | $4,801 |
Total Monthly Payment | $4,504 | $4,644 | $5,673 |
* 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.