This expansive 11-bedroom, 4-bath home in the heart of Tannersville is a rare find offering size, charm, and opportunity all in one. Sitting on a huge village lot with both municipal services and the added perk of a private drilled well, you'll have the best of both worlds in this prime location. With quick, easy access to the village center, you're moments away from local restaurants, shops, and the vibrant culture that makes Tannersville so appealing. Inside, the original wood floors add timeless character, while the massive stone, wood-burning fireplace sets the perfect mood for cozy winter nights. The home's spacious layout is ideal for large gatherings or could be transformed into a full-scale BnB or vacation rentalperfect for those looking to invest in the Catskills' booming short-term rental market. The property includes a large yard with plenty of room to breathe and enjoy the outdoors, whether you're entertaining guests or simply soaking up the peaceful mountain air. While the home could use a little TLC, it's priced to move, offering tremendous value for the square footage and potential. Whether you're dreaming of a family getaway or a savvy business opportunity, this property is ready to deliver. Don't miss outhomes like this in Tannersville don't last long!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,978 | $2,905 | $3,668 |
Total Monthly Payment | $3,070 | $2,997 | $3,760 |
* 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.