261 S Riverside Rd

Highland, NY 12528

$700,000
Last Sold Price
12
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 7/10/14
Closed 7/10/14
a front view of a house with a yard
a front view of a house with a garden
a front view of a house with a garden
a balcony with view of trees
a view of a yard with trees
a view of a patio with table and chairs fire pit and large trees
a view of a tree in a park
a bedroom with a bed and a table
a kitchen with a stove a sink a dining table and chairs
a bedroom with a bed and a window
a bathroom with a sink toilet and shower
a living room with furniture and a flat screen tv
a bathroom with a toilet and a shower curtain
a backyard of a house with a yard and outdoor seating
a front view of a house with a yard
a view of a room with gym equipment
a living room with furniture and a painting on the wall
a view of empty room with front door
a utility room with dryer and washer

Description

Great investment property! Two buildings with 8 units; Good parking for tenants and plenty of outdoor space make for ideal living for all! Property is adjacent to Black Creek and has pond frontage too; tenants can enjoy many outdoor activities here and have easy access to all commuting routes from this location; All apartments are two bedrooms and have eat in kitchens, living room and bath; there are also enclosed gazebos and storage facilities; tenants also have use of common laundry facility on...Great investment property! Two buildings with 8 units; Good parking for tenants and plenty of outdoor space make for ideal living for all! Property is adjacent to Black Creek and has pond frontage too; tenants can enjoy many outdoor activities here and have easy access to all commuting routes from this location; All apartments are two bedrooms and have eat in kitchens, living room and bath; there are also enclosed gazebos and storage facilities; tenants also have use of common laundry facility on premises
  1. Listed by Cathy Pulichene • Coldwell Banker Village GreenN
    P: (845)-255-0615

Property Details for 261 South Riverside Road

Zoning Description
RES
Waterfront YN
Yes
LISTING CLOSED: 07/10/2014 12:00 AM

Property Details for 261 South Riverside Road

StatusClosed
MLS #20135515
Days on Market216
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1920
Lot Size5.00 AC / 217,800 SF
CountyUlster County
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Location

Listing Courtesy of Coldwell Banker Village GreenN

Sold By Murphy Realty Group

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Building Information for 261 South Riverside Road

Stories-Residences8Year Built1920Building Size-Lot Size5.00 AC / 217,800 SF

Payment Calculator

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$4,825 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$1,337

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 261 South Riverside Road

Summary
Location and General Information
  • Directions: Rt 299 East;Right on South Riverside, first Driveway on Left
  • MLS Area Major: Lloyd
  • Latitude: 41.743724
  • Longitude: -73.986297
  • MLS Area Major: Lloyd
  • Water Body Name: BLACK CREEK
  • Sign On Property YN: No
  • Creek: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $.00
  • Tax Block: 7
  • Tax Legal Description: 1.200, 7, 261 South Riverside
  • Association YN: No
Parking
  • Attached Garage YN: No
  • Garage YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Spaces: 0.0
  • Off Street: Yes
Property
Lot Information
  • Lot Size Acres: 5.0
  • Lot Size Dimensions: 5 Acres
  • Lot Size Area: 5.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 217800.0
  • Lot Size Acres: 5.0
  • Lot Size Dimensions: 5 Acres
  • Aluminum Siding: Yes
  • Frame: Yes
  • Landscaped: Yes
  • Private: Yes
  • Multi Family: Yes
Property and Assessments
  • Owner Name: Katmo LLC
  • Owner Phone: C/O LR
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub Type: Multi Family
  • Page: 186
  • Section: 87.2
  • UC Private Historical Remarks: Total Deposit: 0, Tax Exemption -No N, Management: -, Employees: -, Water: -, Supplies: -
  • UC Public Historical Remarks: FIPS Code: NY111, Age: 61-100, Style: Apt. Complex, Lot/Site: Rural, Water Source: Drilled Well
Taxes and HOA
  • Tax Assessed Value: 401200.0
  • Tax Lot: 1.200
Utilities
  • Water Body Name: BLACK CREEK
  • Circuit Breakers: Yes
  • Septic Tank: Yes
  • Well: Yes
Interior and Exterior Features
Exterior Features
  • Laundry: Yes
  • Gazebo: Yes
  • Patio: Yes
  • Shingle: Yes
  • Carbon Monoxide Detector(s): Yes
  • Smoke Detector(s): Yes
Interior Features
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Dryer: Yes
  • Range: Yes
  • Refrigerator: Yes
  • Washer: Yes
  • Storage Only: Yes
  • Walk-Out Access: Yes
  • Carpet: Yes
  • Hardwood: Yes
  • Low-Emissivity Windows: Yes
Multi Family
Multi Family Information
  • Number of Units: 8
Income & Expenses
  • Total Annual Expenses: $31,900
  • Gross Scheduled Income: $98,940
  • Insurance Expense: $3,900
  • Net Operating Income: $67,040
  • New Taxes Expense: $12,600
  • Other Expense: $3,000
  • Trash Expense: $1,200
  • Electric Expense: $3,100
  • Cap Rate: 9.00%
  • Electric Expense: $3,100.00
  • Fuel Expense: $4,600.00
  • Gross Scheduled Income: $98,940
  • Insurance Expense: $3,900
  • Monthly Income: $8,245.00
  • Net Operating Income: $67,040
  • New Taxes Expense: $12,600
  • Other Expense: $3,000.00
  • Other Income: $3,000
  • Total Annual Expenses: $31,900
  • Trash Expense: $1,200.00
Mobile Home
Mobile Home Information
  • Sign On Property YN: No
Rental
Rental Information
  • Trash Collection: Yes

Property History for 261 South Riverside Road

DateEvent & SourcePriceAppreciation
Jul 10, 2014

Sold (Public Record)

Public Record #433520656

$700,000—
DateEvent & SourcePrice
07/10/2014

Sold (Public Record)

Public Record #433520656

$700,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 261 South Riverside Road

Taxable ValueLand$114,700Additions$320,000Total$434,700
Tax Record2025$16,042 ($1,337 / month)
Home Facts
Baths4Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtStories2Lot Size217,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningR1CountyULSTERAPN513200 87.2-7-1.200

Schools near 261 South Riverside Road

This home is within Highland Central School District.
Rating
School
Type
Grades
Distance
Highland Elementary School
Public - K to 5
Highland Middle School
Public - 6 to 9
Highland High School
Public - 9 to 12
Rating
School
Distance
Highland Elementary School
PublicK to 5

Highland Middle School
Public6 to 9

Highland High School
Public9 to 12

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Village GreenN

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2026, OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. All rights reserved. Data last updated: 05/08/2026 08:58 PM