15-17 Rifton Terrace

Closed 6/9/15
Closed 6/9/15
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Sold
Last Sold Price
$195,000
15-17 Rifton Ter, Rifton, NY 12471
Multi FamilyProperty Type
1.2 acresLot Size
1945Year Built
1 carParking Spaces

Description

Investment opportunity knocks with this 12 room SRO(single room occupancy) and separate cottage. Simply take ownership of this fully occupied property for immediate income. Classification of lodge/inn would allow for many uses such as B&B, youth hostel, group home, country retreat etc. Ample outside space and large deck for entertaining. Improvements include new oil tank, new roof, new windows, newly painted common areas, and upgraded water system to ensure adequate supply. Owner financing avail!Investment opportunity knocks with this 12 room SRO(single room occupancy) and separate cottage. Simply take ownership of this fully occupied property for immediate income. Classification of lodge/inn would allow for many uses such as B&B, youth hostel, group home, country retreat etc. Ample outside space and large deck for entertaining. Improvements include new oil tank, new roof, new windows, newly painted common areas, and upgraded water system to ensure adequate supply. Owner financing avail!
  • Listed by: Hollis Dukler 845.389.5983 hdukler@gmail.com • Coldwell Banker Village GreenN
  • Listed by: Simone Edwards 845.249.8539 simoneEdwardsproperties@gmail.com • Coldwell Banker Village GreenN
Listing closed: 06/09/2015 12:00 AM • Source: HVCR MLS, MLS#: 20141029

Recent comparable sales

Median sold price

$315,000

Avg days on market

56

Sale-to-list ratio

98.7%

Rifton, NY

7 comparable properties found

a view of balcony with wooden floor
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1

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Sold 06/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.62
Acres

1831 Highway 213, Rifton, NY 12471

$249,000 | 14 Maple Street, Rifton, NY 12471
1/18
2

$249,000

Sold 08/12/26

3
Bedrooms
1,854
Square Feet
0.35
Acres

14 Maple Street, Rifton, NY 12471

$326,800 | 23 Maple Street, Rifton, NY 12471
1/44
3

$326,800

Sold 02/06/26

2
Bedrooms
1,238
Square Feet
0.56
Acres

23 Maple Street, Rifton, NY 12471

4

$315,000

Sold 01/14/26

4
Bedrooms
1,460
Square Feet
0.76
Acres

1793 Highway 213, Rifton, NY 12471

5

$412,000

Sold 10/22/25

2
Bedrooms
1
Bathrooms
1,014
Square Feet
6.56
Acres

1930 Highway 213, Rifton, NY 12561

a front view of a house with a yard
1/36
6

$900,000

Sold 09/17/24

3
Bedrooms
3,973
Square Feet
49.3
Acres

1237 Old Post Road, Rifton, NY 12561

a front view of a house with a garden
1/32
7

$249,900

Sold 06/05/26

4
Bedrooms
2.5
Bathrooms
2,376
Square Feet
0.17
Acres

5 Cedar Street, Rifton, NY 12471

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Location

Listing Courtesy of Coldwell Banker Village GreenN

Sold By BHHS HUDSON VALLEY PROP-L

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Principal and Interest

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Property Information for 15-17 Rifton Terrace

Property Details
  • MLS Type: Residential Income / Multi Family
  • County: Ulster County
  • Zoning: R40
Building Information
  • Residences: 12
  • Year Built: 1945
  • Lot Size: 1.20 AC / 52,272 SF
Summary
Location and General Information
  • Directions: 299 W, right on 32N, right on 213, right on Rifton Terrace
  • MLS Area Major: Esopus
  • Latitude: 41.836551
  • Longitude: -74.043121
  • MLS Area Major: Esopus
  • Sign On Property YN: No
Taxes and HOA
  • Association YN: No
  • Association Fee: $.00
  • Tax Block: 2
  • Tax Legal Description: 25.2,2,15-17 Rifton
  • Association YN: No
Parking
  • Attached Garage YN: No
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage YN: Yes
  • Attached Garage YN: No
  • Garage Spaces: 1.0
  • Common: Yes
  • Off Street: Yes
Property
Lot Information
  • Lot Size Acres: 1.2
  • Lot Size Dimensions: Irreg
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Lot Size Square Feet: 52272.0
  • Lot Size Acres: 1.2
  • Lot Size Dimensions: Irreg
  • Farmhouse: Yes
  • Frame: Yes
  • Level: Yes
Property and Assessments
  • Owner Name: Melamud/Schaefer
  • Owner Phone: l/o
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Multi Family
  • Page: 276
  • Section: 71.30
  • UC Private Historical Remarks: Total Deposit: 0, Tax Exemption -No n
  • UC Public Historical Remarks: FIPS Code: NY111, Age: 61-100, Garage/Parking Extras: 3 Car +, Water Source: Drilled Well, Tenant Pays: Rent Only, Tenant Pays: Rent Only
Taxes and HOA
  • Tax Assessed Value: 222000.0
  • Tax Lot: 25.2
Utilities
  • Electric: Yes
  • Septic Tank: Yes
  • Well: Yes
Interior and Exterior Features
Exterior Features
  • Second Residence: Yes
  • Shed(s): Yes
  • Shingle: Yes
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Dishwasher: Yes
  • Microwave: Yes
  • Range: Yes
  • Refrigerator: Yes
  • Full: Yes
  • Unfinished: Yes
  • Carpet: Yes
  • Linoleum: Yes
  • Baseboard: Yes
Multi Family
Multi Family Information
  • Number of Units: 12
Income & Expenses
  • Total Annual Expenses: $27,843
  • Gross Scheduled Income: $73,800
  • Insurance Expense: $4,730
  • Net Operating Income: $45,957
  • New Taxes Expense: $8,349
  • Trash Expense: $575
  • Electric Expense: $10,317
  • Cap Rate: 15.00%
  • Electric Expense: $10,317.00
  • Fuel Expense: $3,025.00
  • Gross Scheduled Income: $73,800
  • Insurance Expense: $4,730
  • Monthly Income: $6,150.00
  • Net Operating Income: $45,957
  • New Taxes Expense: $8,349
  • Other Income: $0
  • Total Annual Expenses: $27,843
  • Trash Expense: $575.00
Mobile Home
Mobile Home Information
  • Sign On Property YN: No
Rental
Rental Information
  • Occupant Name: tenants
  • Occupant Name: tenants
  • All Utilities: Yes
  • Repairs: Yes
  • Trash Collection: Yes

Schools near 15-17 Rifton Terrace

This home is within Kingston City School District.
Rating
School
Type
Grades
Distance
Robert R Graves School
Public - K to 4
J Watson Bailey Middle School
Public - 5 to 8
Kingston High School
Public - 9 to 12
Ernest C Myer School
Public - K to 4
Rating
School
Distance
Robert R Graves School
PublicK to 4

J Watson Bailey Middle School
Public5 to 8

Kingston High School
Public9 to 12

Ernest C Myer School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15-17 Rifton Terrace, Rifton, NY 12471
$195,000
–
–
–
52,272
1834 Highway 213, Rifton, NY 12471
–
3
2
2,241
174,240
1849 Main Street, Esopus, NY 12471
$1,970,000
4
3,976
335,412
23 Rifton Terrace, Rifton, NY 12471
–
2
1
1,052
56,628
1847 Highway 213, Rifton, NY 12471
–
2
1
1,504
38,203
1841 Highway 213, Rifton, NY 12471
–
3
1,776
34,848

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Listing Courtesy of Coldwell Banker Village GreenN

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