5 Elyse Drive, New Paltz, New York, Ny main
5 Elyse Drive, New Paltz, New York, Ny two
5 Elyse Drive, New Paltz, New York, Ny three
5 Elyse Drive, New Paltz, New York, Ny four
5 Elyse Drive, New Paltz, New York, Ny five

Private Catskills Getaway

4 available shares

adjust possible shares to see calculations for more or less people


target home price


cost per share

$1,816 / mo

monthly cost

Down Payment
Closing Cost
Reserve Fund Deposit
Total Cash at Closing
Co-own this home
3 bedrooms | 3 bath | 3,038 sqft

CUSTOM (2000) TIMBER FRAME in beautiful New Paltz, & w/ in-ground pool! Private 2.7 acres on cul-de-sac in idyllic neighborhood. No detail spared! Huge living room w/ 25-foot ceiling supported by a hammerbeam truss. 2 story stone fireplace w/ soapstone woodstove on other side; cathedral ceilings & hardwood floors throughout. Main floor master suite w/ clawfoot tub & shower. Chef's kitchen w/ soapstone counters, double wall ovens, butcher block island. Closets everywhere! More living/office space above garage & in basement (9 ft ceilings!). Cedar siding; oversized, heated garage; 18x40 heated saltwater pool (2011) surrounded by bluestone patios/walkways. Private hot tub outside master suite. Well maintained by orig. owners (2022 ductless AC/Heat unit; 2021 New boiler & fridge; 2020 New washer; 2017 Commercial grade gutters); Generator/panel hookup; Reverse osmosis water filter; Storage sheds. Mature landscaping w/ perennial/woodland gardens. So much to do in gorgeous New Paltz area!

I'm interested
House Usage
  • 4 shares total
  • 13 weeks a year per share
This home includes:
  • Fire place
  • Hot tub
  • Pool
  • Porch
About the Agent


The Green Team

Warwick native DEAN DILTZ is a multi-million dollar producer with The Green Team (residential, commercial or rentals -- buyers, sellers, business owners, landlords, tenants), and is very passionate about real estate and helping clients with their exact needs. Dean's priorities are COMMUNICATION & RESPONSIVENESS (working with you every step of the way so there's no guessing games, as well as actually answering the phone . . . or calling you back quickly!), LISTENING to your specific needs and concerns (and always offering suggestions to improve), and HONESTY & INTEGRITY (those need no further explanation).

Calculated Costs per Share

Private Catskills Getaway
5 Elyse Drive, New Paltz, New York, NY
Down Payment
Closing Cost
Reserve Fund Deposit
Total Cash at Closing

This is an estimate of the amount of cash needed when closing on the purchase of a property financed with a 30 year Mortgage at 8.0% interest rate.

Plum’s estimate includes 20% of the value of the house as a down payment, 6% of the value of the house for closing costs (including Plum’s Group Success Fee) and 3% of the value of the house for the initial reserve fund.

Mortgage Payment
Total Expenses
This total is an estimate of all the expected costs associated with owning a vacation home with a Plum certified ownership agreement.
Location, type of house, changes in interest rates and utilities can all change and affect the monthly cost throughout the term of ownership.
Monthly Income
Total Monthly Income

A good threshold for rental property investment is the 1% Rule (source). It states that you should only invest in rental property if you are reasonably confident that the property can rent for 1% of the sale price per month.

We’ve included that assumption here. It is critical that the group validate pricing, rental history, and future rental projections of any specific property before proceeding with a purchase. You can explore rental incomes of any property with this free estimation tool at Rabbu.com.

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