536 River Road, Rhinebeck, NY, 12572 | $509,000

Welcome to a rare gem in the heart of Rhinebeck! This unique offering features two properties 534 and 536 River Road providing an exceptional opportunity for both personal use and investment potential. Nestled on a tranquil stretch of River Road, this property is perfect for those seeking a serene retreat while remaining close to the vibrant community. The main house, a well-maintained property is in great condition and will benefit from some updates. This inviting home offers convenient one-floor living, a renovated bathroom, a new roof, central air, and a generator. The second building is a small apartment of about 700 sq ft, featuring one bedroom and one bathroom. While it needs some updates, there are plenty of opportunities to make it a great rental property. This property offers a fantastic canvas for your renovation dreams while maintaining its charm and character. Embrace the opportunity to create your perfect space in a desirable location schedule a viewing today!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Ranch
  • Year Built: 1952
  • Heating: Oil, Hot Water
  • Cooling: Central Air
  • Basement: Bilco Door(s)
  • Approx Sq. Feet: 1,092
  • Acreage: 0.59
  • Est. Taxes: $6,863
  • Elem. School: Chancellor Livingston Elementary Sch
  • Middle School: Bulkeley Middle School
  • High School: Red Hook Senior High School
  • School District: Rhinebeck
  • MLS#: H6331251
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/H6331251/536riverroad_rhinebeck_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 Upstate Down   Phone: 845-516-5123

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

536 River Road, Rhinebeck, NY, 12572

$509,000

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 $407,200 $407,200 $407,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $572 $572 $572
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,812 $2,706 $3,434
Total Monthly Payment $3,476 $3,370 $4,098

* 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.