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9 River Road, Callicoon (Delaware), NY, 12723 | $899,000
Here's an opportunity to own a successful hotel in a bustling Catskills town. Nine River Road is a turnkey boutique hotel with a proven track record in Callicoon. With frontage on the Delaware River, your guests can stroll from the back porch down a sloping lawn to take a swim or launch a kayak. Or walk to Callicoon's many amenities: restaurants & coffee shops, pubs & distillery, antiques & boutiques, movie theater, live music, and the year-round farmer's market. This comfortable hotel offers 8 rooms and suites in three floors, each with its own ensuite bath facilities. Modern amenities include tiled bathrooms, individual air conditioning and heating, tasteful furniture and bedding, and high-speed internet. Common areas include a well-equipped kitchen, gathering rooms, screen porch, balcony, patio, outdoor furniture, etc. Nine River Road was developed by Foster Supply Hospitality, the management company behind such Catskills favorites as Kenoza Hall, The Debruce, Arnold House, North Branch Inn, and others. The new owner can capitalize on that reputation by keeping the Nine River Road name, identity, and website. Come enter the Catskills hospitality scene with low risk and a proven track record in tourist-friendly Callicoon -- just 2 hours from NYC.
Features
- Town: Callicoon
- Rooms: 13
- Bedrooms: 8
- Baths: 8 full
- Laundry: In Unit
- Style: Victorian
- Year Built: 1884
- Heating: Oil, Hot Water
- Cooling: Window Unit(s)
- Basement: Full, Unfinished, Walk-Out Access
- Approx Sq. Feet: 5,796
- Acreage: 1.45
- Est. Taxes: $10,883
- Lot Desc: Private
- View: Mountain(s), River, Water
- Water Front: Yes
- Elem. School: Sullivan West Elementary School
- Middle School: Sullivan West High School
- High School: Sullivan West High School
- School District: Sullivan West
- Appliances: Stainless Steel Appliance(s)
- MLS#: H6331245
- Days on Market: 41 days
- Website: https://www.raveis.com
/prop/H6331245/9riverroad_callicoon_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
9 River Road, Callicoon (Delaware), NY, 12723
$899,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | $907 | $907 | $907 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,487 | $6,021 |
| Total Monthly Payment | $5,083 | $5,486 | $7,020 |
* 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