401 Main (rt. 299) Street, New Paltz
This was the home of J.P. Gumps, a very successful restaurant for many years. Sitting on a corner lot, I87 is on one side and Route 299 on the other. The interstate exit #18, is less then a hundred yards away. NYS Department of Transportation traffic count is 18,100 vehicles per day on Route 299 and 41,700 on Interstate 87. It sits at the edge of the Village of New Paltz a very active college town with a student population of 7,857. The village itself at last census (2010), had a population of 14,000 and the County 180,000. The property has municipal water, natural gas, ample power and on site septic. Parking is more than enough to accommodate banquets and regular business simultaneously. The building is 4,700 sq. ft. on the main floor with a full basement.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.