Carlson Park Road, Margaretville
RARE OPPORTUNITY IN ARKVILLE! Manufactured pre-fab home park on 7+ acres on a private, dead-end road, adjacent to 90+ acres of forever wild open meadows, river and beautiful mountain views! 26 home sites with 11 currently occupied by tenants, plus a 50x70' barn, and an 1100 sq ft building that was formerly a produce and grocery store. The park is RICH WITH HISTORY; in the 1940s it was a golf course, and it's rumored that celebrities like Jack Benny and Bob Hope played there while visiting the area. The store was then a tea house for those playing the course (and for those not playing the course!). The barn was a place where the railroad used to pick up hay and other items on its way through town in the mid 1800s - early 1900s. Four of the current homes have been restored, and tenants have the choice to place mobile or modular homes on the sites. The entire park is connected to municipal water and sewer, including the barn and the store. Sewer lines to each home were replaced in 2013. The tea house/store is in need of some TLC, but could be restored. The property is centrally located in Arkville - very close to the village of Margaretville, Ski Belleayre, Ski Plattekill, hiking, paddling and kayaking. This property is priced to sell, and a fabulous opportunity for passive income of many different types! SELLER FINANCING POSSIBLE and additional land also available!
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.