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608 State Route 55, Eldred (Highland), NY, 12732 | $175,000
ATTENTION INVESTORS. . . . Welcome to this charming 1930s home, boasting beautiful hardwood floors and an abundance of built-ins. This property offers a unique opportunity for those seeking a fixer-upper with immense potential. With guest quarters on-site and the convenience of a generator hook-up, this home is ready to be transformed into your dream space. Step inside and be greeted by the original hardwood floors, showcasing the character and warmth of this era. The extensive woodwork throughout the house adds a touch of elegance and charm. With some tender loving care, you can restore this home to its former glory. Situated close to town, restaurants, and a vibrant farmers market, you'll have easy access to all the amenities you desire. Just a two-hour drive from the bustling city of New York, this property offers the perfect balance between a peaceful retreat and convenience to NYC. Spanning over 2, 100 square feet, this home provides ample space for your needs. The walk-up attic presents endless possibilities, whether you envision it as an office or an additional bedroom. With 4 bedrooms and 1. 5 baths, there is plenty of room for your family and guests. Set on a generous 1. 28-acre lot, this property offers both privacy and space for outdoor activities. The original details of the home, including its two-car garage, add to its authentic charm. Don't miss your chance to create the home of your dreams in this 1930s gem. With its prime location, original features, and unlimited potential, this fixer-upper is a rare find. Schedule a viewing today and let your imagination run wild with the possibilities this property has to offer.
Features
- Town: Eldred
- Rooms: 9
- Bedrooms: 4
- Baths: 1 full / 1 half
- Style: Two Story, Farmhouse
- Year Built: 1930
- Garage: 2-car Detached
- Heating: Oil, Hot Water
- Cooling: None
- Basement: Full, Unfinished
- Approx Sq. Feet: 2,118
- Acreage: 1.28
- Est. Taxes: $4,015
- Elem. School: George Ross Mackenzie Elem Sch
- Middle School: Eldred Junior-Senior High School
- High School: Eldred Junior-Senior High School
- School District: Eldred
- MLS#: H6268391
- Days on Market: 437 days
- Website: https://www.raveis.com
/prop/H6268391/608stateroute55_eldred_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- 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.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@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
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
608 State Route 55, Eldred (Highland), NY, 12732
$175,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $335 | $335 | $335 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $931 | $930 | $1,200 |
| Total Monthly Payment | $1,341 | $1,340 | $1,610 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535