$3,934,568*
●
Multifamily -
Off Market
98 ROAD MILLER
Rhinebeck, NY 12572
Studio
0 Bath
$2,421,000 - $2,959,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
FULLY RENTED, 7.5 CAP RATIO! ONE OF THE MOST ICONIC, MULTI-FAMILY
PROPERTIES IN THE HUDSON VALLEY. LARGE BRICK BUILDING WITH A LONG
RENTAL HISTORY IN RHINEBECK NY. THE SCHUYLER GROVE MANOR, FORMERLY
THE HOME OF GEORGE WASHINGTON'S GENERAL, PHILIP SCHUYLER, IN THE
18TH CENTURY. 14 UNITS WITH DETACHED ARTIST/OFFICE STUDIO ON A 7.9
ACRE PARK-LIKE COMPOUND. MOST TENANTS ARE LONG TERM AND THE
PROPERTY IS LOW MAINTENANCE. A PICTURE PERFECT LANDSCAPE
OVERLOOKING LANDSMAN KILL CREEK WITH YEAR-ROUND WATERFALL. THE
MANSION IS SURROUNDED BY HERITAGE BLACK WALNUT AND SUGER MAPLE
TREES, OFFERING BEAUTY AND TRANQUILITY TO TENANTS AND MINUTES TO
RHINEBECK VILLAGE. A UNIQUE AND SOLID INVESTMENT PROPERTY. SERIOUS
INQUIRIES ONLY!
Unit Size
-
Days on Market
-
Land Size
7.90 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,362
HOA Dues
-
Year Built
1980
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 29, 2019 | No longer available | - | |
No longer available | |||
Aug 22, 2019 | Price Decreased |
$2,690,000
↓ $310K
(10.3%)
|
|
Price Decreased | |||
Mar 22, 2019 | Listed | $3,000,000 | |
Listed |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/22/2019
|
|
Studio
|
-
|
-
|
$2,690,000
Studio
-
|
$2,350,000
-12.64%
12/19/2019
|
-
|
RALPH FERRI
ANITA FERRI REALTY RH
|