NOT LISTED FOR SALE

559 Ross Ruland Rd South Cairo, NY 12482

6 Beds
5 Baths
2,785 Sq Ft
138.3 Acres

Last Sold April 19, 2021

Last sale price $525,000 $189 Per Sq Ft

134 Days on Market

Highlights

  • Waterfront
  • Deck
  • View of Meadow
  • 138.3 Acre Lot
  • Meadow
  • Private Lot

About This Home

As of April 2021

SPECIAL OPPORTUNITY - Amazing chance to have an income-producing 4-family property, plus over 138 very accessible acres including beautiful old fieldstone walls. The classic level woodlands are quite usable. Mostly forested with acres of meadows. Nearly 3 miles of trails, there are endless opportunities: hike; horseback riding; snow mobiles, mountain bikes, ATVs; great hunting; lots of wildlife; seasonal creek and ponds. Old railroad gravel bed runs through the forested property making these woods especially accessible. For tax savings, 115.9 acres are currently in the NYS DEC forest management 480a tax exemption program. For maximum flexibility, 22.4 acres are not in the program: 10 acre parcel (136.00-4-14) not part of the tax exemption program. Perfect spot to build your dream home in the woods. Steady income: tenanted 4-unit house, plus an unfinished 5th unit. Also there's an unfinished 550 sq ft bungalow/studio/workshop. Separate metering for all 4 units, tenants pay for their own electric and heat. 2-stall barn, garage, and additional outbuildings. With 6 separate tax map IDs, you could keep one parcel, and sell off some or all of the surrounding land. Conveniently located to all that the Hudson Valley has to offer: just 5 minutes to the fantastic Hannaford supermarket, and only minutes to Story Farms for the best strawberries and corn!  Minutes to skiing at Windham Mountain or Hunter Mountain, and the charming Village of Catskill is close by; 2.5 hours from NYC. See MLS #20204351.

Last Agent to Sell the Property

Sara Nelson

Keller Williams Realty HV Nort License #10401299325 Listed on: 10/07/2020

Keller Williams Realty HV Nort

Co-Listed By

James Boyd

Past Member License #30BO0738490

Last Buyer's Agent

Sara Nelson

Keller Williams Realty HV Nort License #10401299325 Listed on: 10/07/2020

Keller Williams Realty HV Nort

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 138.3 Acre Lot
  • Waterfront
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Meadow
  • Wooded Lot

Parking

  • 1 Car Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 5 Bathrooms
  • 2-Story Property
  • Low Emissivity Windows
  • Views of Meadow
  • Range
  • Washer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, management, repairs, taxes, trash collection, water
  • Legal Lot and Block 25 / 4
  • Assessor Parcel Number 118.00-4-25

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,300
  • New Taxes Expense $10,632
  • Net Operating Income $24,074

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1880
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 138.3
  • Road Surface Type: Asphalt
  • View Type:Pond View: Meadow
  • Co List Office Mls Id: WINW2
  • Co List Office Phone: 845-679-2929
  • Co List Office Phone: 845-481-2700
  • MLS Status: Closed
  • Architectural Style: Farmhouse
  • Master Plan Zoning: 01; 08-RA-1.5
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 138.3
  • General Property Information Lot Size Dimensions: 138.3 acres
  • Electric:Circuit Breakers: Yes
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 10632.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 33300.0
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • View Meadow2: Yes
  • Architectural Style Farm House: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities:Cable Available: Yes
  • Other Equipment Satellite Dish: Yes
  • Lot Features Pond On Lot2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: Unfinished
  • Other Equipment: Satellite Dish
  • Flooring: Carpet, Hardwood
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Appliances Range: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront Features: Other
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Shed(s), Workshop, Other, See Remarks
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Meadow: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:See Remarks11: Yes
  • Lot Features:Private: Yes
  • Lot Features:Secluded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Wetlands: Yes
  • Window Features:Storm Window(s): Yes
  • Lot Features:Subdivided: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Paved, Parking Lot, Off Street, Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Utilities: Cable Available
  • Heating: Baseboard, Forced Air, Hot Water, Oil, Propane
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: Pond on Lot, Landscaped, Level, Meadow, Private, Secluded, Subdivided, Wetlands, Wooded, Other, See Remarks
  • Lot Dimensions: 138.3 acres
  • Lot Size Sq Ft: 6024348.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 118.00-4-25
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Management, Repairs, Taxes, Trash Collection, Water, Other
  • Tenant Pays: All Utilities, Electricity, Gas, Oil

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2300.0
  • Net Operating Income: 24074.0

Tax Info

  • New Taxes Expense: 10632.0
  • Tax Block: 4
  • Tax Lot: 25

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
04/19/2021 04/19/21 Sold $525,000 -12.4% $189 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
10/07/2020 10/07/20 For Sale $599,000 -- $215 / Sq Ft
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: 20204335

Hudson Valley Catskills Region Multiple List Service

APN: 192400 118.00-4-25