88-92 Crum Elbow Road, Hyde Park, NY, 12538 | $750,000

AMAZING rare opportunity to own this meticulously maintained multiple residence property that boasts THREE houses plus a two-car detached garage and barn on over 8. 5 acres in the Hyde Park School District. The crown jewel of the property is the center hall colonial house at over 3, 400 sq ft that truly has it all. As you enter the home from the stunning wrap around front porch, you instantly notice the open flowing layout with gleaming refinished hardwood floors throughout and beautiful updated kitchen with stainless steel appliances including a 36" gas range. Follow the flow of the first floor through the living room to the family room with pellet stove, oversized dining room, full bathroom with jacuzzi tub, and the mudroom with pantry cabinets and oversized laundry room with sink. Head upstairs and you will find 4 oversized bedrooms plus a playroom and additional full bathroom. Central air on both levels. The two smaller houses are each similar in size and boast 2 bedrooms and 1 full bath each, large living rooms and bathrooms, and nice size eat in kitchens. One unit has upstairs washer / dryer hookups and pantry closet, and the second unit has washer / dryer hookup on the ground floor. All three houses have new paint and flooring throughout, updated LED lighting in addition to many other updates. There is also a rear oversized two car garage with room for additional storage, and an old Chicken coop / Barn dating back to the mid 1800s. This property is a great investment opportunity or the perfect spot to start your own family compound. All units are VACANT and move in ready! Possible subdivision of rear land into additional parcel / parcels. Please call with any questions!

Features

  • Bedrooms: 8
  • Baths: 4 full
  • Units: 3
  • Style: Carriage House, Colonial, Cottage, Estate
  • Year Built: 1870
  • Garage: 4-car Detached
  • Heating: Oil, Propane, Baseboard
  • Cooling: Central Air, Window Unit(s)
  • Basement: Unfinished, Walk-Out Access
  • Approx Sq. Feet: 4,967
  • Acreage: 8.65
  • Est. Taxes: $20,048
  • Lot Desc: Part Wooded, Near Public Transit, Private
  • Elem. School: Netherwood School
  • Middle School: Haviland Middle School
  • High School: Franklin D Roosevelt High School
  • School District: Hyde Park
  • MLS#: H6315071
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/H6315071/8892crumelbowroad_hydepark_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Partner   Phone: 914-962-0007

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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88-92 Crum Elbow Road, Hyde Park, NY, 12538

$750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.295% 6.644%
Monthly Tax Payment $1,671 $1,671 $1,671
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,042 $4,042 $5,186
Total Monthly Payment $5,805 $5,805 $6,949

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.