A unique and exciting opportunity in the desirable hamlet of Mountaindale! 25-27 Beth Mor Road is a former Country Club occupying an entire block, with a total lot size of 0. 88 acres. It features a solid 30'x100' concrete building with a metal roof and a smaller building which used to house the mechanicals for the pool. The massive yard is mostly open and has some fruit trees, the huge in-ground pool was filled years back, but the outline can still be seen. The building can be converted into a one-family residence, and with the potential it has, will be an amazing and unique property once renovated. The renovation was started a few years back, with new electrical lines and central air put in place. As a community center building, the interior features a kitchen, a bunch of rooms, a large room with a stage, and multiple bathrooms. Looking at the 3, 000sf floorplan, it's easy to see the potential that this place has. It can easily be a five bedroom with an enormous kitchen, dining room, and living room. It would be a great house for hosting guests and entertaining. Bring your vision and creativity to this property, the possibilities are endless! The property is located in Mountain Dale, a charming hamlet in the Town of Fallsburg. Situated between Mountaindale Park & Krieger Park/Silver Lake, you can enjoy sports courts, playgrounds, fishing/boating, and the local Rails to Trails. Main Street Mountain Dale is lined with quirky shops and great eateries, including Forage and Gather Market, High Voltage Kitchen and Bar, & The Dale. Also nearby are exciting destinations such as Resorts World Casino, Kartrite Indoor Water Park, YO1 Spa, and Legoland.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,051 | $1,339 |
Total Monthly Payment | $1,420 | $1,407 | $1,695 |
* 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.