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443 State Route 17b, Monticello, NY, 12701 | $525,000
Price improvement! Over 8. 5 acres on State Route 17B also know as "Woodstock Way". "This property was once known at the Star Mountain Hotel in Monticello during the Catskill's heydays in the 50's and 60's. In the 90's it was converted into a charming farm market called "Lilly's. " It is now time to pass the torch to a new generation with new, fresh ideas!
The property consists of main building, a 2-story, 130 year old barn-style building, walk-in cooler, bathroom, hardwood floors, knotty pine walls and ceilings, with 3 driveways, well house. Approx. 484 ft. Road frontage on State Route 17B and additional 640 ft. road frontage on Maplewood Rd. There are 2 driven wells, septic (work needed on the fields), sewage system in registered with NYS SPDES program, designed to eliminate the pollution of New York waters and to maintain the highest quality of water possible. Systems need updates but the space and location are remarkable.
Located on State Route 17B, this is a high traffic and highly visible location. With your own creativity and vision the possibilities are endless. (*brewery, boutique hotel, restaurant, farm market, art studio, music venue, etc. ) Close to Bethel Woods Center for the Performing Arts, Dancing Cat Distillery and on the way to Western Sullivan Counties weekend attractions and destinations including the brand new Eldred Preserve opening this year! Nearby are Eldred, Narrowsburg, Barryville, Callicoon on the Delaware and other weekend destinations to explore. The weekend/tourist traffic is high in addition to the normal daily traffic. Also close to Lake Superior State Park, White Lake, Kartrite Water Park, Resorts World Casino and so much more.
*pending town planning board approvals.
Features
- Property Type: Business
- Construction: Frame
- Utilities: Electricity Available
- Parking: Parking Lot
- Heating: None, Other
- Cooling: None
- Acreage: 8.6
- Est. Taxes: $6,075
- Lot Desc: Corner Lot, Part Wooded
- School District: Monticello
- Appliances: Electric Water Heater
- MLS#: H6090940
- Days on Market: 1243 days
- Website: https://www.raveis.com
/prop/H6090940/443stateroute17b_monticello_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
443 State Route 17b, Monticello, NY, 12701
$525,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
| Monthly Tax Payment | $506 | $506 | $506 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,830 | $2,791 | $3,542 |
| Total Monthly Payment | $3,428 | $3,389 | $4,140 |
* 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