$925,000
●
House -
Off Market
416 Hapeman Hill Road
Red Hook, NY 12571
4 Beds
3 Baths
3,132 Ft²
$1,215,300
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Come to the country. Over 60 acres of farmland and a vintage
farmhouse await you on a quiet road in Red Hook. Circa 1840s, 3132
s.f. residence powered by modern solar and geothermal (including
CA) offers a country, eat-in kitchen with brick fireplace and
painted wide board flooring. There are formal dining and living
rooms each with fireplaces. A screened-in porch off the living room
is an ideal place to enjoy the pastoral views of vintage barns and
neighboring farm. There is also a den/study on the main level that
could also be an at-home office. Second floor has a master bedroom
with bath and three additional bedrooms and hall bath. The property
has several large vintage barns, a barn that has been converted to
a garage/storage, several outbuildings and there is a large
livestock barn to the rear. The farm acreage combines many fields
for livestock or crops with hedgerows and an upper pasture which
could be an ideal home site. Property is minutes to Red Hook
Village, Bard and Rhinebeck and convenient to Amtrak and the
Taconic State Parkway. Additional Information: ParkingFeatures:2
Car Attached,
Unit Size
3,132 Ft²
Days on Market
-
Land Size
60.80 acres
Price per sqft
$295
Property Type
House
Property Taxes
$744
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH6062228)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Houlihan Lawrence Inc. | $925,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Nov 26, 2019 | No longer available | - | |
| No longer available | |||
| May 23, 2019 | Listed by H. H. Hill Realty Services, Inc. | $945,000 | |
| Listed by H. H. Hill Realty Services, Inc. | |||
| | |||
|
Maple Hill Farm has been in the same family for 40 plus years. Property offers vintage farmhouse built between 1820-1840 with newer addition added circa 1900, vintage barns, outbuildings and 61 acres (two parcels in Red Hook and Milan). Farmhouse has large eat-in, country kitchen with fireplace, has formal living and dining rooms with fireplaces. Also has den, full bath, front and back foyers and mudroom. Second floor has master bedroom and bath, 3 addtl. bedrooms and bath. House has been retrofitted for geothermal/solar (solar field array) for energy efficiency which includes CA. Preserved period details include clapboard siding, wideboard floors, beamed ceilings and hardware. Several large barns, one of which is used for cars are near the residence. To the rear is a large agricultural building used for farm animals and fenced pastoral acreage. Property is minutes to Rhinebeck, Red Hook, Bard and the TSP.
| |||
| Nov 30, 2018 | No longer available | - | |
| No longer available | |||
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