NOT LISTED FOR SALE
6 Beds
4 Baths
3,465 Sq Ft
4 Acres

Last Sold February 04, 2016

Last sale price $191,854 $55 Per Sq Ft

67 Days on Market

Highlights

  • 4 Acre Lot
  • No HOA
  • 2 Car Garage
  • Farmhouse Style Home
  • Garden
  • Heating System Uses Oil

About This Home

As of February 2016

Currently used as a 4 family apartment building, this three story, 19th century home is set on four quiet acres located minutes from historic Stone Ridge and High Falls, NY. Originally a working farm replete with cows, horses, smoke house, chickens and hay barn it was transformed into a country lodge/boarding home at the turn of the century. A proven money maker this is suited to remain apartments but would be a showcase of a home if converted to a single family farmhouse. At one point it was called Mt. View Lodge since the Mohonk Mountains were visible from the grounds. More recently named the Echoes, this was due to an echo that can be clearly heard from a certain location on the property. A modern barn with two horse stalls currently used as garage and a fenced in pasture are also conveniently located on the property.This bucolic setting also boasts deer, wild turkey and a delightful array of other wildlife. The beautiful Catskill "Rail Trail" borders the property for outdoor entertainment with the trail head being right around the corner though you could cut a path from your yard.For the gardener there is plenty of room to cultivate vegetables, fruits and berries, and black walnut and maple trees grace the yard. UCCC is located one mile away in Stone Ridge and a short 20 minute drive to the south is SUNY New Paltz. Expansion possibilities await on the third floor which is still comprised of bedrooms from when the home operated as a boarding house.

Last Agent to Sell the Property

Melanie Hogan

Habitat Real Estate Group Listed on: 10/10/2015

Last Buyer's Agent

Melanie Hogan

Habitat Real Estate Group License #40HO0866130

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 4 Acre Lot
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Farmhouse Style Home
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Fireplace Features Masonry
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Range<<rangeHoodToken>>

Schools

  • Marbletown K-3 Elementary School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection
  • Legal Lot and Block 110 / 27

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,397
  • Fuel Expense $1,397
  • Insurance Expense $1,765
  • Manager Expense $2,102
  • New Taxes Expense $7,628
  • Net Operating Income $20,703

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1880
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 4.0
  • Co List Office Phone: 845-687-7954
  • MLS Status: Closed
  • Architectural Style: Farmhouse
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 27
  • General Property Information Lot Size Acres: 4.0
  • General Property Information Lot Size Dimensions: 4 Acres
  • Income And Expenses New Taxes Expense: 7628.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 35640.0
  • Income And Expenses Fuel Expense: 1397.0
  • Manager Expense: 2102.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Architectural Style Farm House: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range
  • Fireplace: Yes
  • Flooring: Varies
  • Appliances Range: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Masonry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Sewer: Septic Tank
  • Heating: Electric, Oil, Propane
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 648.0

Lot Info

  • Lot Features: Garden
  • Lot Dimensions: 4 Acres
  • Lot Size Sq Ft: 174240.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection
  • Tenant Pays: Gas, Oil

Multi Family

  • Electric Expense: 1397.0
  • Insurance Expense: 1765.0
  • Resident Manager Expense: 2102.0
  • Net Operating Income: 20703.0

Tax Info

  • New Taxes Expense: 7628.0
  • Tax Block: 27
  • Tax Lot: 110

MLS Schools

  • Elementary School: Marbletown K-3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $191,854 -22.9% $55 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $248,800 0.0% $72 / Sq Ft
07/01/2014 07/01/14 Rented $695 0.0% --
06/08/2014 06/08/14 Under Contract -- -- --
04/24/2014 04/24/14 For Rent $695 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20154916

Hudson Valley Catskills Region Multiple List Service