Home for Sale at 435 Main Street, Rosendale, NY 12401

435 Main Street
Rosendale, NY 12401

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Property Details

List Price:	$1,895,000
Beds:	12
Baths:	16
Status:	Active
SqFt:	6451
Agency:	New Paltz Properties

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	1850
Notes:	Looking for a beautiful and historic riverfront family home, perfect for large-scale family gatherings and entertaining? Well look no further! Currently operating as a historic inn, the 1850 House Inn and Tavern would make a spectacular residence, with 12 guest rooms, a sun-filled open-plan living area with a fireplace, a cozy tavern, a full kitchen, and huge 4,500 square foot deck with beautiful river views. The property is situated along Main Street in the heart of the charming hamlet of Rosendale, and the historic brick building is an exact replica of the legendary American Hotel in Sag Harbor. The property features a large 1.03-acre lot with ample private parking and nearly 200 feet of direct river frontage along the bucolic Rondout Creek. The home enjoys a great location at the geographical center of the Hudson Valley, within a short drive of popular hiking, biking, shopping, dining, and cultural attractions. Main Street Rosendale itself offers many popular restaurants, bars, cafes, and boutiques, along with the celebrated Rosendale Theatre, just one block away. The Wallkill Valley Rail Trail/Empire State Trail is just up the hill, providing a 750-mile recreational trail network that runs south to New York City, north to the Canadian border, and west to Niagara Falls. Each bedroom features a private bathroom, and the rooms are large enough to be suitable to other uses such as a den, screening room, library, office, etc. There is an ''inn keeper's suite'' on the lower level with a kitchenette, providing a ideal housing option for an on-site caretaker. This is a one-of-a-kind opportunity to own the most iconic building in Rosendale and to create a wonderful home and family destination.
MlsNumber:	20242065

Listing Provided By:	New Paltz Properties, original listing
Name:	New Paltz Properties
Phone:	(845) 417-8300
Office Name:	New Paltz Properties
Office Phone:	(845) 417-8300
Agent Name:	Matthew Eyler
Disclaimer:	Copyright Â© 2024 Multiple Listing Service of Ulster County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

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