312 Shawangunk Lake Road

Pine Bush, NY 12566

$480,000
Price
4
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to an exceptional opportunity in Pine Bush, NY— a meticulously renovated duplex that perfectly caters to those seeking to lower their cost of living through rental income or secure stable returns without the hassle of unexpected repairs. This side-by-side duplex offers two distinct units: a spacious 3-bedroom, 1-bathroom residence that lives like a single-family home, and a generous 1-bedroom, 1-bathroom apartment. Renovated in 2023, this property boasts upgrades including a new kitchen,...Welcome to an exceptional opportunity in Pine Bush, NY— a meticulously renovated duplex that perfectly caters to those seeking to lower their cost of living through rental income or secure stable returns without the hassle of unexpected repairs. This side-by-side duplex offers two distinct units: a spacious 3-bedroom, 1-bathroom residence that lives like a single-family home, and a generous 1-bedroom, 1-bathroom apartment. Renovated in 2023, this property boasts upgrades including a new kitchen, bathroom, appliances, flooring, insulation, and new drainage to maintain a dry environment. Both units feature convenient in-unit washer and dryers, and additional basement storage. Each unit has its own driveway, ensuring tenant privacy. Conveniently located just minutes from Highway Route 17, residents have easy access to town amenities, Sam's Point/Minnewaska, and Resorts World Casino, making leisure activities and entertainment readily accessible. Currently, both units are leased until May and December of 2024, providing immediate rental income. The units come with separate utilities which the tenants pay under the current lease. With a current 7.5% Cap rate under conservative underwriting, this property presents a solid investment opportunity. Financials are available upon request. Whether you're in search of an owner-occupied residence with income potential or a lucrative investment opportunity, this property offers versatility to suit your needs.

Property Details for 312 Shawangunk Lake Road

Zone
RAG-2 -
Style Description
DUPLEX

Location

Listing Courtesy of BHHS HUDSON VALLEY PROP-NP
Add your commute
LISTING UPDATED: 03/14/2024 08:23 PM

Property Details for 312 Shawangunk Lake Road

StatusActive
MLS #20240605
Days on Market46
Taxes$5,271 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Family
Year Built1968
Lot Size0.49 AC / 21,344 SF
CountyUlster County

Location

Listing Courtesy of BHHS HUDSON VALLEY PROP-NP
Add your commute

Building Information for 312 Shawangunk Lake Road

Stories-Residences2Year Built1968Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$3,059 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,620

Property Taxes

$439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 Shawangunk Lake Road

Summary
Location and General Information
  • Area and Town: SHAWANGUNK
  • City: Pine Bush
  • State: NY
  • Zip: 12566
  • County: Ulster County
  • Directions: Heading South on Burlingham RD make a Left on Shawangunk Lake Rd. The property is on the right.
Taxes and HOA
  • School Tax: $2,860
  • General Tax: $2,411
  • Total Taxes: 5271
  • Assessed: $48,000.00
School Information
  • School District: Pine Bush Schools
Parking
  • Garage Capacity: Two
  • Garage Type: Garage Attached
  • Garage or Parking Extras: DRIVEWAY
  • Driveway: BLACKTOP
Property
Lot Information
  • Number of Acres: 0.49
  • Lot: 15
  • Lot Dimensions: 139ft by 184f
  • Flood Plain: N
  • Lot Block Address: 15,2,312 Shawangunk lake Road
  • Floors: MIXED
Property and Assessments
  • Class: MULTI-FAMILY
  • Type: 2 Family
  • Year Built: 1968
  • Federal Information Processing Standards Code: NY111
  • Age: 41-60
  • Block: 2
Utilities
  • Water Source: 0
  • Water: DRILLED WELL
  • Trash: 0
  • Fuel: 0
  • Electric: 0
  • Supplies: 0
  • Heat Source: BASEBOARD
  • Heating Fuel: OIL
  • Hot Water: ELECTRIC
  • Sewer: SEPTIC-INGR.
  • Electricity: 200 AMPS
Interior and Exterior Features
Exterior Features
  • Basement: PARTIAL, WALKOUT
  • Attic: Scuttle
  • Construction: FRAME/STICK
Interior Features
  • Fireplace Description: NONE
  • Appliances: DISHWASHER, DRYER, RANGE, REFRIGERATOR, WASHER

Property History for 312 Shawangunk Lake Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 312 Shawangunk Lake Road

Taxable ValueLand$10,000Additions$38,000Total$48,000
Home Facts
Baths2Total Finished SqFt2,072 SqFtAbove Grade Finished SqFt2,072 SqFtStories1Lot Size21,350 SqFtStyleDuplexYear Built1968ZoningRAG-2CountyULSTERAPN515200 104.4-2-15

Schools near 312 Shawangunk Lake Road

This home is within Pine Bush Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pine Bush Elementary School
PublicPK to 5

Crispell Middle School
Public6 to 8

Pine Bush Senior 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

312 Shawangunk Lake Road is a multi-family home for sale in Pine Bush, NY 12566. This property was listed for sale on March 14, 2024 by BHHS HUDSON VALLEY PROP-NP, it's currently listed at $480,000. It has been on the market for a total of 46 days and was last sold on September 12, 2023. This listing's school district is Pine Bush Central School District. Nearby schools include Pine Bush Elementary School, Crispell Middle School and Pine Bush Senior High School. 312 Shawangunk Lake Road is a 4-bed, 0-bath, multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS HUDSON VALLEY PROP-NP

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, 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, 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, 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 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 03/14/2024 08:23 PM