136 River Road, New Paltz, NY 12561 | MLS #20263535 | HUNT Real Estate
 
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Rare opportunity to own a share in a resident-owned cooperative community offering affordable homeownership and flexible new construction options in Ulster County. Community approval is required and is the first step in the ownership process. All prospective purchasers must complete and be approved by the cooperative prior to acquiring a share or placing a home on the site. Ownership is based on the purchase of a cooperative share with a cash buy-in currently set at 1,700. This upfront share purchase is separate from the purchase of any home and grants residents the right to occupy a homesite within the community. Monthly lot rent is 700 which includes taxes, water, sewer and garbage. New Home Opportunities (Turnkey Packages Available) New single-wide homes up to 70 feet in length may be permitted, subject to cooperative approval and applicable municipal codes and inspections. Double-wides, RVs and Tiny Homes are not permitted. Buyers may choose from 2- or 3-bedroom floor plans with 1 to 2 bathrooms and select interior finishes to personalize their home. Turnkey packages include home delivery, site preparation, foundation installation, and full utility hookups including electrical and plumbing, providing a move-in-ready installation upon completion. Buyers may also have the option to place their own manufactured home on the site, subject to cooperative rules, design standards, and all local building and inspection requirements. All homes must meet community guidelines and receive prior approval. All homes placed must be newer than 1990 and carry the applicable HUD/DMV Tags, stickers.

Source: Hudson Valley Catskill Regional MLS, MLS#: 20263535

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  • Property Type
    Residential
  • Lot
    0.10 acres

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  • Median Age
    33
  • Population Density
    302
  • College Educated
    61%
  • Estimated Median Income
    $73,514
  • Estimated Total Home Owners
    4,103
  • Estimated Total Renters
    2,374
  • Owner / Renter Divide
    63% / 37%
  • Estimated Average Household Size
    2
  • Total Population
    18,224
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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