31 Pine Tree Village Road, Out Of Area Town, NY, 14731 | $349,999

FULLY AVAILABLE: Highly successful short term rental walking distance to the main strip in Ellicottville, NY. This well laid out 3 Bedroom unit can sleep up to 8 and boasts breathtaking mountain views can serve as a perfect residence for yourself, while paying for itself as a thriving BnB with no restrictions. Offered fully furnished for a true turnkey experience. Situated on a 4, 500 sq ft lot. Parking is a breeze in the recently graveled driveway, easily fits up to 4 cars stacked directly in front of the unit. The poured concrete walkway will lead you to your front porch. A rear deck and storage shed completes the exterior of the home. As you enter your living room you'll notice stylish furniture and decor, a gas fireplace set in dark painted brick and high end laminate flooring with a rich wood tones, providing a warm and inviting atmosphere throughout. The breakfast bar with bar stools creates a welcoming space just outside the kitchen perfect for casual dining or entertaining guests. Your fully stocked kitchen features stunning natural wood cabinets offering an abundance of storage, a stainless-steel dishwasher, double sink, electric oven, microwave and butcher block wood countertops. The dining area transitions seamlessly through the sliding glass door to the oversized back deck and brings in ample natural light. The second floor features a recently remodeled full bath with thoughtful upgrades such as a key hole window allowing an infusion of natural light into the space and guests will love the bonus half bath. Three well proportioned bedrooms complete the upstairs, taking advantage of the intelligently designed layout for maximum revenue potential. Brand-new Central A/C (June '23), operated on the Nest system, for warm summer days and a gas fireplace for the winter months. Brand new furnace for forced air heating was also installed in June of 2023. Plenty to do in close proximity - the townhome is one of the few in the neighborhood situated across from the park which offers tennis courts, soccer field, basketball courts, dog run, new skate park and playground. Best of all, this townhome imposes no HOA fees or rental restrictions. Here is your opportunity to own an affordable year round townhome in the vibrant four-season town of Ellicottville and capitalize on its potential as a high-income-generating short-term rental with minimal overhead. Schedule your tour today!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Townhouse
  • Year Built: 1977
  • Heating: Electric, Natural Gas, Forced Air, See Remarks
  • Cooling: Central Air
  • Basement: Crawl Space, Unfinished
  • Approx Sq. Feet: 988
  • Acreage: 0.1
  • Est. Taxes: $2,919
  • View: Mountain(s), Panoramic
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Washer
  • MLS#: H6278887
  • Days on Market: 113 days
  • Website: https://www.raveis.com
    /prop/H6278887/31pinetreevillageroad_outofareatown_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 RE/MAX In The City   Phone: 929-222-4200

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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

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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

31 Pine Tree Village Road, Out Of Area Town, NY, 14731

$349,999

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 $279,999 $279,999 $279,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.439% 6.273% 5.268%
Monthly Tax Payment $243 $243 $243
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,747 $1,701 $1,164,330
Total Monthly Payment $2,065 $2,019 $1,164,648

* 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.