NOT LISTED FOR SALE

291 Orchard Rd Unit 1-4 Highland, NY 12528

Marlborough Neighborhood
-- Bed
-- Bath
-- Sq Ft
92.3 Acres

Last Sold June 07, 2023

Last sale price $750,000

111 Days on Market

Highlights

  • 92.3 Acre Lot
  • No HOA
  • Carpet
  • Wooded Lot
  • Baseboard Heating

About This Home

As of June 2023

This is a wonderful investment opportunity to own a four family home situated on private 92.3 wooded acres located just minutes from the Mid-Hudson Bridge in the charming town of Highland. A former apple farm, it is the perfect hunting and fishing retreat located less than 90 miles from Manhattan, where you will find bears, deer, fox, beavers, wild turkey, pheasants, chipmunks, possum, among other wildlife on the vast grounds, while you can fish for catfish in the gorgeous, scenic lake. Your guests may relax in any one of the four oversized apartments with private patios, and enjoy watching wildlife in a peaceful country setting. Or, you may choose to rent one or more of the four units out for a great return on investment. This is an incredible opportunity for someone to land bank while your investment pays for itself, and more! The property is located just minutes from the Mid-Hudson Bridge in the beautiful, quaint town of Highland with local boutiques, bistros, galleries and cafes. Located just 10 minutes to Poughkeepsie, MTA to NYC, 6 minutes to New Paltz. Close access (3 miles) to Rail Trail and Old Railroad Bridge across Mid-Hudson River. Perfect for owner to occupy and/or an investment. Must see opportunity!

Last Agent to Sell the Property

John Quinn

Quinn Realty Group Inc. License #10401340331 Listed on: 01/21/2023

Last Buyer's Agent

Dylan Taft

Taft Street Realty, Inc. License #10311200781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,987

Year Built

  • Built in 1953

Lot Details

  • 92.3 Acre Lot
  • Wooded Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Parking

  • Common or Shared Parking
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Range
  • Carpet
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • The owner pays for oil
  • Legal Lot and Block 6 / 2

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $425
  • Fuel Expense $14,850
  • Insurance Expense $4,302
  • New Taxes Expense $19,120
  • Net Operating Income $26,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,987

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 92.3
  • Co List Office Phone: 845-883-7700
  • MLS Status: Closed
  • Master Plan Zoning: RAG1
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 92.3
  • General Property Information Lot Size Dimensions: 92.3 Acres
  • Flooring:Carpet: Yes
  • Income And Expenses New Taxes Expense: 19120.0
  • Income And Expenses Cap Rate: 3.0
  • Gross Scheduled Income: 67800.0
  • Income And Expenses Fuel Expense: 14850.0
  • Cooling:None6: Yes
  • Location Tax and Legal:Tax Annual Amount: 18987.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: Full, Unfinished
  • Flooring: Carpet
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Basement:Unfinished: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Common
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Common: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Oil: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: Wooded
  • Lot Dimensions: 92.3 Acres
  • Lot Size Sq Ft: 4020588.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Oil, Other
  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 425.0
  • Insurance Expense: 4302.0
  • Net Operating Income: 26463.0

Tax Info

  • New Taxes Expense: 19120.0
  • Tax Annual Amount: 18987.0
  • Tax Block: 2
  • Tax Lot: 6

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
06/07/2023 06/07/23 Sold $750,000 -19.8% --
05/11/2023 05/11/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $935,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Quinn

    Seller's Agent in 2023

    John Quinn

    Quinn Realty Group Inc.

    (845) 883-7700

    8 in this area

    81 Total Sales

    John Quinn
    Section Image
  • Dylan Taft

    Buyer's Agent in 2023

    Dylan Taft

    Taft Street Realty, Inc.

    (845) 380-3394

    2 in this area

    195 Total Sales

    Dylan Taft
    Section Image
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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20230157

Hudson Valley Catskills Region Multiple List Service

APN: 513600 95.4-2-6

New York Ulster County Highland 12528 Marlborough

291 Orchard Rd Unit 1-4, Highland, NY

This home is located at 291 Orchard Rd Unit 1-4, Highland, NY 12528 since 21 January 2023. This property was built in 1953. 291 Orchard Rd Unit 1-4 is a home located in Ulster County with nearby schools including Highland Elementary School, Highland Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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