Introducing the River View Inn, a 75 acre haven in the heart of Roscoe. Boasting over one thousand feet along the Beaverkill River, a world renowned fly fishing mecca, this historic property spawns a once in a lifetime opportunity to create a lucrative anglers paradise, idyllic homestead, or B&B compound. This magnificent property is conveniently located within a five minute stroll to the famed Junction Pool, a legendary fishing hole known to captivate the largest trout in the river. The estate is comprised of two buildings, a large 15 bedroom manor house and a secluded two bedroom "time-capsule" 80's villa (finished, but never lived in) with a separate driveway. The gently sloping property grounds were meticulously maintained for generations as a natural birding sanctuary and family retreat. In its zenith, property highlights included two ponds with a waterfall feature, a vegetable garden, storage sheds and chicken coops. The development potential is as vast as the Catskill sky with a subdivision map already drafted for multiple river front homes. Several trails wind down the sloping cliffs to the rear of the property. Enjoy close proximity to the popular Prohibition Distillery, Roscoe Mountain Country Club, and the well traveled Roscoe Diner. Come reel in the catch of a lifetime by securing and reviving this iconic Catskills treasure.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,086 | $1,086 | $1,086 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,998 | $7,580 | $10,120 |
Total Monthly Payment | $8,209 | $8,791 | $11,331 |
* 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.