582-586 Route 213 Route $585,000

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    582-586 Route 213 Route Rosendale, NY 12472

    SOLD
    SOLD 8/30/2021

    $585,000

    • 5 Beds
    • 3 Baths
    • 2,483 sq. ft.
    • Residential
    • MLS# 20211424
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    Views: 141

    Property Details

    Super centrally located in Rosendale (and, super easy with municipal water & sewer), this property features a 3-bed / 1-bath house and 2 additional 1-bed / 1-bath cottages and would be ideally suited for someone wanting to live in the main house while generating income from the 2 cottages (or, using for guests) or for anyone looking for a multi-family investment property. The three buildings sit on 5 acres across from the Rondout Creek and include plenty of parking adjacent to the main house and in the area between the house and the cottages. The main house (1,184 sq ft) includes a living room and open kitchen on one end of the house and one bedroom on the other end with potential to open up the ground floor bedroom and increase the living space on the ground floor. The main entry to the house is in the front with an additional entry in the back which opens out to the rear yard. Upstairs, two bright bedrooms with wide plank wood flooring sit on opposite ends of the home with a full bathroom in between. Cottage #584 (638 sq ft) is the smaller of the two additional cottages and includes a generous wood deck. The layout consists of a kitchen at the entry that flows into the dining space and into the adjacent living room area. Completing the layout is a large full bathroom and bedroom which is bright and has glass doors that open out to a small yard behind the cottage & an ideal spot for a small patio or garden. Cottage #582 (661 sq ft) sits right on the road and is the larger of the two additional cottages with a its layout spread over two floors. The ground floor includes the living, dining, and kitchen, has wood flooring and beams throughout, and includes a fireplace with a gas line connection (perfect for a gas stove insert). A bedroom and full bathroom are on the second floor and a convenient stacked washer/dryer hookup lives in a closet at the entry. The walkout basement is clean and dry and adds a lot of additional storage. Perfectly situated just 1 minute from all of the shops, restaurants, movie theater, and farmer's market right on Main Street and the Rosendale Trestle and Wallkill Valley Rail Trail as well as hiking at the Mohonk Preserve Giant's Ledges. The property is just 5 minutes to more great restaurants and shops in High Falls, 10 minutes to Stone Ridge and New Paltz, 15-20 minutes to Kingston, all of the popular farm-to-table spots in Kerhonkson & Accord, more hiking at Minnewaska State Park, and just 90 minutes to NYC (and only a 5-min drive to the frequent Trailways bus to/from the city!). Current tenants are paying below market rents. The projected gross income for a full-time Airbnb with 75% occupancy would be close to $150,000 (22.9% cap rate) with potential for more income with just a few cosmetic updates. For a long-term unfurnished rental, it would be approximately $52,200 (7% cap rate) and with fewer costs and maintenance. Happy to provide more information regarding projected income and expenses to any interested parties!

    • General Features
      • Age 100-200
      • Area Town ROSENDALE
      • Bedrooms Five
      • Full Bathrooms Three
      • General Taxes 3420
      • Half Bathrooms None
      • School Tax 4893
      • Sewer MUNICIPAL
      • TERMS TO QUAL. BUYER
      • Type Single Family
      • Water Features CREEK
      • Year Built 1920
    • Building Features
      • APPLIANCES DISHWASHER,MICROWAVE,RANGE,REFRIGERATOR
      • ATTIC stair/crawl
      • BASEMENT CRAWL,MIXED,WALK OUT
      • Bedroom 1 Level 1
      • Bedroom 2 Level 2
      • Bedroom 3 Level 2
      • Bedroom 4 Level 1
      • Construction FRAME/STICK
      • COOLING AIR CONDITIONING WINDOW UNIT
      • Dining Room Level 1
      • FIREPLACE LOCATION LIVING ROOM
      • FLOORS HARDWOOD
      • GARAGE PARKING EXTRAS DRIVEWAY
      • Garage Type None
      • HEAT SOURCE FORCED AIR
      • HEATING FUEL OIL,PROPANE
      • HOT WATER ELECTRIC
      • Internet Access CABLE
      • PLUMBING MIXED
      • Porch DECK
      • Roof ASPH SHINGLE
      • SIDING VINYL,WOOD
      • Style Other
      • STYLE1 COTTAGE
    • Property Features
      • DRIVEWAY GRAVEL
      • Garage Capacity None
      • Lot Dimensions Variable
      • Number of Acres 5
      • VIEWS CREEK,WATER
      • WATER MUNICIPAL
      • WATER WAYS RONDOUT CREEK
    • Schools
      • School District Rondout Valley Schools
      • School District1 Rondout Valley Schools

    Neighborhood

    12472 (Rosendale) Demographics

    42 Median Age
    398 Population Density (per sq. mile)
    41% College Educated
    $54,453 Estimated Median Income
    384 Estimated Total Home Owners
    275 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    1 Estimated Average Household Size
    1,419 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $502,500 Median Sales Price
    4 Homes Sold
    4 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $565,000 -3.42%
        8/30/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $585,000 7.34%
        6/18/2021 3:02:56 PM Status Changed Source: Multiple Listing Service New Value: Pending
        5/23/2021 9:02:33 AM Status Changed Source: Multiple Listing Service New Value: Active
        5/11/2021 3:02:43 PM Status Changed Source: Multiple Listing Service New Value: Pending
        5/5/2021 10:02:36 AM Price Reduced Source: Multiple Listing Service New Value: $545,000
        The data relating to real estate on this website comes in part from the IDX program of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Nutshell Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2021 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.