$450,000
●
House -
Off Market
45 Old Patch Road
Saugerties, NY 12477
4 Beds
3 Baths
3,248 Ft²
$3,377
Est. Monthly
About This Property
SELLER SAYS SELL! Investment opportunity in Saugerties! Welcome to
45 Old Patch Rd a remarkable property offering incredible potential
as a home, an investment or rental opportunity. Situated in the
charming town of Saugerties, this property is primed to become a
lucrative addition to your portfolio. This spacious and
well-maintained home features 4 bedrooms and 3 bathrooms providing
ample space for tenants or future occupants. The open layout and
natural light streaming through large windows create an inviting
atmosphere, making it an attractive choice for potential renters.
The property boasts a generous 12 + acres, providing room for
expansion or additional outdoor amenities. The well-manicured yard
presents an excellent opportunity to create an outdoor oasis,
further enhancing the appeal of the property. Location is key, and
45 Old Patch Rd offers the best of both worlds. Nestled in a
peaceful residential area along the picturesque Plattekill stream,
it provides a serene retreat away from the hustle and bustle of
city life. At the same time, it enjoys convenient access to nearby
amenities. Ensuring tenants have everything they need within reach.
Saugerties has a thriving rental market, with a high demand for
quality homes. Whether you choose to rent it out as a whole or as
individual units, this property presents a fantastic opportunity to
generate income. Additionally, Saugerties is known for its vibrant
community, rich history, and proximity to natural wonders such as
the stunning Catskill Mountains and the picturesque Hudson River.
These features attract a diverse range of tenants looking to
explore the beauty of the region. Don't miss out on this
exceptional investment opportunity at 45 Old Patch Road. With its
desirable location, spacious layout, and potential for rental
income, this property is a winning choice for investors and those
looking to expand their rental portfolio. Schedule a showing today
and seize the chance to make this property your next profitable
venture! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
3,248 Ft²
Days on Market
-
Land Size
12.10 acres
Price per sqft
$166
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1999
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Cap Rate Calculator
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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 #KEYH6257750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Jul 5, 2023 | Listed by Keller Williams Hudson Valley | $539,000 | |
| Listed by Keller Williams Hudson Valley | |||
| | |||
|
SELLER SAYS SELL! Investment opportunity in Saugerties! Welcome to 45 Old Patch Rd a remarkable property offering incredible potential as a home, an investment or rental opportunity. Situated in the charming town of Saugerties, this property is primed to become a lucrative addition to your portfolio. This spacious and well-maintained home features 4 bedrooms and 3 bathrooms providing ample space for tenants or future occupants. The open layout and natural light streaming through large windows create an inviting atmosphere, making it an attractive choice for potential renters. The property boasts a generous 12 + acres, providing room for expansion or additional outdoor amenities. The well-manicured yard presents an excellent opportunity to create an outdoor oasis, further enhancing the appeal of the property. Location is key, and 45 Old Patch Rd offers the best of both worlds. Nestled in a peaceful residential area along the picturesque Plattekill stream, it provides a serene retreat away from the hustle and bustle of city life. At the same time, it enjoys convenient access to nearby amenities. Ensuring tenants have everything they need within reach. Saugerties has a thriving rental market, with a high demand for quality homes. Whether you choose to rent it out as a whole or as individual units, this property presents a fantastic opportunity to generate income. Additionally, Saugerties is known for its vibrant community, rich history, and proximity to natural wonders such as the stunning Catskill Mountains and the picturesque Hudson River. These features attract a diverse range of tenants looking to explore the beauty of the region. Don't miss out on this exceptional investment opportunity at 45 Old Patch Road. With its desirable location, spacious layout, and potential for rental income, this property is a winning choice for investors and those looking to expand their rental portfolio. Schedule a showing today and seize the chance to make this property your next profitable venture!
| |||
| Jun 20, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| May 15, 2023 | Price Decreased |
$639,999
↓ $10K
(1.5%) | |
| Price Decreased | |||
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