375 Phillips Road
About This Property
The drive home is part of the experience, following winding country roads that rise and fall through the foothills of the Catskill Mountains before arriving at a setting that feels peaceful, private, and remarkably connected to nature. Mature oak and pine trees surround the property, with only one neighboring home visible through the woods. The sounds of songbirds drift through the trees while deer, owls, and other local wildlife are frequent visitors. Below the home, a gently meandering creek winds through the property beside a fire pit seating area, creating the perfect place to gather with family and friends or simply enjoy the quiet beauty of the landscape. Thoughtfully landscaped grounds, natural rock ledges, and mature woods create a setting that is both refined and distinctly Hudson Valley. The rock outcroppings even offer opportunities for bouldering and climbing right on your own property. With generous open space, there's plenty of room to create the garden you've always envisioned, while the property's setting is well suited for those looking to explore solar as part of a more energy-conscious lifestyle. The acreage also provides flexibility for future expansion, whether you envision adding onto the home, constructing a detached garage or workshop, or exploring the potential for an accessory dwelling unit, subject to municipal approvals.
Inside, the home reflects the same level of care. Beautiful hardwood floors and original hardwood trim preserve its warmth and character, while the spacious primary suite includes its own private bath. The kitchen features gas cooking and appliances that are all less than two years old. Year-round comfort comes from two heating sources, including a newer coal-burning stove with updated liner, along with a mini-split system for efficient air conditioning. Additional improvements completed within the past two years include the roof, gutters, water treatment system, and many of the home's major mechanical updates. A generator hookup adds another layer of convenience and peace of mind.
Perfectly positioned almost midway between Woodstock and Saugerties, you'll enjoy easy access to some of the Hudson Valley's most celebrated restaurants, galleries, boutiques, farmers markets, music venues, and everyday conveniences. Kingston's waterfront, shopping, and healthcare are just a short drive away, while the Kingston-Rhinecliff Bridge places Rhinebeck and Rhinecliff Station within easy reach. From there, Amtrak provides service to New York Penn Station in approximately 1 hour and 45 minutes, making weekend getaways or commuting surprisingly convenient.
Outdoor recreation surrounds you in every direction. Spend the day hiking or climbing at Mohonk Preserve and Minnewaska State Park Preserve, both about 25 minutes away, or head to Hunter, Windham, or Belleayre for skiing, mountain biking, and four-season recreation, each approximately an hour from the property.
Whether you're looking for a full-time residence or a weekend retreat, this is the kind of home that continues to draw people to the Hudson Valley: quality construction, meaningful updates, exceptional privacy, and a setting where the beauty of the Catskills is part of everyday life.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Listed by KW Hudson Valley North | $499,900 | |
| Listed by KW Hudson Valley North | |||
| Jun 20, 2024 | No longer available | - | |
| No longer available | |||
| Feb 26, 2024 | Listed by Win Morrison Realty | $359,000 | |
| Listed by Win Morrison Realty | |||
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Sitting on a small knoll and surrounded by tall pines is a home that offers comfort and serenity. ********No visible neighbors creates your PRIVATE county retreat ******* This home offers a lot of storage via an abundance of closets, full basement, accessible attic and garage. The coal burning stove in the basement offsets the cost of oil and makes it cozy warm. The manager has listed the unit size as 1548 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017