541 Broadway, Monticello, NY, 12701 | $625,000

Discover Your Dream Home or Profitable Investment Opportunity in Monticello! This stunning 4, 300 sq ft home is a true gem, blending modern elegance with expansive space, perfect for year-round living, a delightful vacation retreat, or a lucrative rental property. Recently renovated, the property shines with contemporary finishes and thoughtful updates. Step inside to find a seamless, move-in-ready experience, complete with all appliances and furniture included. The main level boasts five spacious bedrooms and two stylishly designed bathrooms, providing comfort and privacy for families or guests. The open-concept kitchen, dining, and living areas create a warm and inviting atmosphere, ideal for entertaining or enjoying quality moments with loved ones. Upstairs, you'll discover two additional bedrooms and a full bathroom, offering even more versatility and room to relax. Outside, the property transforms into a private oasis! A beautiful above-ground pool invites summer fun, while a swing set and expansive yard provide endless opportunities for outdoor enjoyment and memorable gatherings. Airbnb Potential: With an impressive 25 beds, this home is perfectly suited for large families, group retreats, or hosting unforgettable getaways. According to AirDNA, this property could generate nearly $100, 000 annually as a vacation rental, making it a fantastic investment opportunity. Conveniently located in Monticello, this property offers a rare blend of style, space, and functionality. Whether you’re looking for a dream home or a profitable Airbnb rental, this property checks all the boxes. Don’t miss this exceptional opportunity—schedule your showing today!

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1900
  • Heating: Hot Water, Propane
  • Cooling: Ductless
  • Basement: Unfinished
  • Approx Sq. Feet: 4,300
  • Acreage: 0.63
  • Est. Taxes: $10,563
  • Elem. School: Contact Agent
  • Middle School: Robert J Kaiser Middle School
  • High School: Monticello High School
  • School District: Monticello
  • Appliances: Dishwasher, Freezer, Refrigerator
  • MLS#: 808950
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/808950/541broadway_monticello_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.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Shari FichmanSales Associate

860.841.7947

Shari.Fichman@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@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

Justin SchunkInsurance Sales Director, William Raveis Insurance

860.966.4966

Justin.Schunk@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

541 Broadway, Monticello, NY, 12701

$625,000

Shari Fichman

Sales Associate

William Raveis Real Estate

Phone: 860.841.7947

Shari.Fichman@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.810% 6.026%
Monthly Tax Payment $880 $880 $880
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,878 $3,202 $4,152
Total Monthly Payment $3,850 $4,174 $5,124

* 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.