15 Mountain Road, Shokan
A smart 4 family investment awaits you in the quaint Hamlet of Shokan in the town of Olive. Less than 20 minutes to the NYS thruway, this manageable building has rent that's below average especially considering that heat and electric are also included. This building easily maintains its occupied status year round. With almost an acre of land surrounding the house there is plenty of room for tenants to enjoy the outdoors. Each tenant has their own off street parking space for 2 cars which is maintained in the winter by the tenants. All units have had recent upgrades with fresh paint, new carpet, polished hardwood flooring, ceramic tiles, kitchen cabinets and some counter tops. This home is in close proximity to shopping, the reservoir, Woodstock and Phoenicia. Enjoy hiking, skiing, and fishing in the mountains or take a walk or bike ride on the Ashokan Rail Trail only 200 yards across the street. Great opportunity for any novice or seasoned investor.
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.