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195 Grove School Road, Catskill, NY, 12414 | $450,000
Seize the unique opportunity to restore a piece of history with this 1837 Colonial Farmhouse set on a sprawling 60-acre canvas, poised to capture the imagination of savvy investors and creative contractors. This property presents an unparalleled chance to revive classic charm infused with modern amenities. A comprehensive array of updates has laid the groundwork for transformation, including new OKNA triple pane windows, new architectural 50yrs shingles with Ice & Water Shield, new double 4. 5 Dutch Lap Vinyl Siding in Bayou Blue, new septic system and well pump, new 200 Amp Panel and new doors all chosen for their high energy efficiency and longevity, ensuring a serene and cost-effective living environment. The bones of the house are solidly in place. The reframed interior walls throughout offer a blank slate of over 3, 500 square feet of potential living space. The basement renovations include new concrete footings, frost wall and slabs, poured concrete floor, reinforced foundation, Shotcrete walls, and new post beams. The enormous basement alone provides more than 1, 500 square feet of potential, ideal for custom-designed living spaces or innovative expansion projects. The vast land parcel itself is an extraordinary asset, featuring meandering streams, tranquil seclusion, and several prime spots ripe for development. With the possibility to subdivide, you can design and build your dream home or multiple residences, capitalizing on the natural beauty and serenity of the surrounding area. Whether you're in pursuit of privacy, looking to create an exclusive retreat, or aiming to develop a niche community, the sheer scale and versatility of this property are unmatched. And for those with grander visions, the neighboring 80 acres with a secluded 2, 000 square foot house might also be available, multiplying the possibilities. This is more than a renovation project; it's a gateway to crafting a legacy property that can shape the future of this quiet country locale. Don't let this chance to reimagine, reinvent, and rejuvenate a piece of American history pass you by.
Features
- Style: Colonial
- Year Built: 1837
- Heating: Other, None
- Cooling: None
- Basement: See Remarks, Unfinished, Walk-Out Access
- Approx Sq. Feet: 3,540
- Acreage: 61.2
- Est. Taxes: $5,138
- Lot Desc: Easement, Possible Sub Division, Stone/Brick Wall, Wooded
- View: Mountain(s), Panoramic
- Elem. School: Catskill Elementary School
- Middle School: Catskill Middle School
- High School: Catskill Senior High School
- School District: Catskill
- MLS#: H6313724
- Days on Market: 46 days
- Website: https://www.raveis.com
/prop/H6313724/195groveschoolroad_catskill_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
195 Grove School Road, Catskill, NY, 12414
$450,000
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 | $360,000 | $360,000 | $360,000 |
| 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 | $428 | $428 | $428 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,087 |
| Total Monthly Payment | $2,898 | $2,896 | $3,590 |
* 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