7375 New York 28 , Shandaken, NY 12480

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Property Description

SHANDAKEN 2-FAMILY -- A CATSKILL MOUNTAIN OPPORTUNITYFirst-time homebuyer, investor, or looking for a flexible multi-generational living arrangement? This charming two-family property offers a rare combination of income potential, versatility and a prime Catskill Mountain location.Abundant natural light, hardwood floors and original wood moldings radiate a warm Catskill cottage vibe throughout both living spaces that total 4 bedrooms and 2 baths over 2150 square feet. The vacant first floor two-bedroom apartment features an enclosed former porch transformed into a bright sunroom for extra year round space. Upstairs, the second-floor two-bedroom apartment enjoys its own outdoor deck, a serene spot to sip your morning coffee or grill & chill--with mountain views and the southing sound of the quintessential Catskill creek, the Esopus, flowing nearby. A full basement provides generous storage and a shared laundry area, with separate secure access for the first- and second-floor occupants. A detached two-car garage adds even more valuable storage and utility space.For a first-time buyer, rental income from the upper apartment can help with mortgage qualification while providing an ongoing source of income to offset ownership expenses. Investors can rent both apartments for steady cash flow and attractive return potential. The property also lends itself to a mother-daughter arrangement. Or the two apartments could be easily reconfigured into a spacious 4 bedroom, 2 bath single-family residence. Recent improvements including new roof, new washer/dryer, new hot water heater, new UV water purifier and 4 yr old DEP-installed septic system reduce deferred maintenance and offer the next owner a solid foundation for continued ownership and investment. In the coveted Onteora School District, with low property taxes to keep monthly payments down and help resale value. Also note that while in close proximity to the Esopus Creek this property in NOT subject to flood insurance. The location is compelling! Just 10 minutes to Belleayre Mountain skiing and year-round recreation, and steps to renowned Esopus Creek trout fishing. The best the Catskills has to offer is at your fingertips--from hiking, biking, skiing, fishing, swimming and tubing to enjoying the regions celebrated arts, culture and farm-to-table cuisine. Here you have it all!A versatile property with multiple paths to ownership, income, and enjoyment--right in the heart of the Catskills.

7375 New York 28 | MLS# 20264736

This single family home located at 7375 New York 28 , Shandaken, NY 12480 is currently listed for sale with an asking price of $369,500. This property was built in 1950 and has 4 bedrooms and 2 full baths with 2153 sq. ft. New York 28 is located within the Onteora Central School District school district. Search Shandaken real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Wall/Window Unit(s)
Fuel Type: Oil
Garage: 2 car attached
Heating: Hot Water, Oil
Home Style: Cottage
Lot Size: 0.31 Acres
Roof Type: Asphalt
Taxes: $3,719
Year Built: 1950

Amenities

Natural Woodwork

Feature Descriptions

Appliances: Washer/Dryer, Refrigerator, Exhaust Fan, Electric Oven, Electric Cooktop
Exterior: Frame
Flooring: Hardwood, Varies
Laundry: Common Area, In Basement, Laundry Room
Lot: Landscaped
Parcel #: 5.13-3-6
Parking: On Site, Shared Driveway, Off Street
Patio/Porch: Deck
Road Frontage: State Road
Sewer: Private Sewer
SQFT Total: 2153
Water: Well

Local Schools

School District: Onteora Central School District

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Estimated Payment

$ 1,240.03 per month $822.35 Principal & Interest $309.92 Property Tax $107.77 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Halter Associates Realty

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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