323 Main Street, Kerhonkson
9.2% RETURN - Great investment on Main Street "KerHamptons". Fully Leased with long term tenants 4 beautiful apartments and 4 stores paying BELOW market rents. Be forward looking as the Hudson Valley and particularly Ulster County becomes a mecca for investment. Great Cash Flow or own your own business and residence with the rest paying expenses. Unbeatable location with expansion possibilities, with beautiful section of Rondout Creek behind property. Current owners have made significant mechanical and aesthetic improvements from 2012 to present (see associated docs). There is an unused garage in rear as well.
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.