14 days on rocket

78 Cold Spring Rd, Monticello, NY, 12701

$550,000

1.61 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #H6304670
Lot Size1.61 Acres
StatusActive
(A)

About 78 Cold Spring Rd

A prime opportunity awaits! 78 Cold Spring Road offers 1.61 acres of level land with attractive zoning that allows for both residential use and a variety of commercial uses. This corner property is fully fenced in and benefits from municipal water and sewer. Its location and utilities open the door to versatile possibilities for commercial ventures. The site also features a solid, structurally sound building currently undergoing a remodel. The renovation includes high ceilings, all-new electrical systems, a new roof, and more spacious areas such as a full basement and attic, which makes it suitable for both residential and commercial uses. Located in Monticello, NY, this gem of a property is situated on a commercial main road, adjacent to a rapidly growing community, the fast-growing area needs more commercial ventures. Its convenient proximity to Route 17 and the thriving Monticello area makes it an attractive investment opportunity. Sullivan County's array of attractions and activities, including Resorts World Casino, Kartrite Indoor Water Park, and YO1 Spa, are easily accessible from this prime location. While remodeling the structure, the owner paid close attention to detail, particularly, to allow for customization to suit your preferences, whether for residential or commercial purposes. Indeed, this property benefits from a perfect zoning allowance, enabling it to function as an office or for other types of commercial use, as well as for residential purposes. If your preference leans towards residential, here are the polished specs. The main level of the building features a kitchen, a large dining room, two bedrooms, two bathrooms, and a master bedroom with 2 closets and a spacious bathroom. The extensive attic space is ready for expansion to accommodate additional bedrooms, while the full basement offers further potential. If your preference is commercial, here are the detailed specifications. Many spacious office rooms, a big conference room, closet space, a roomy dining area, an airy waiting room, storage, and more. Come in and finish it with your very own touches, and you have what you wished for. This property presents an exceptional opportunity for a range of businesses, including public storage units, automobile parking lots, food stores, daycare, and more. Additionally, it is well-suited for use as a warehouse and office building. Don't miss out on this fantastic chance to secure a valuable commercial property in a thriving area.

Property Details

Property Features

Listing Office:

  • Office Name: Catskills Home Services
  • Office Phone: (845) 397-7768

Lot Features

Lot Information:

  • Lot: Level, Corner Lot
  • Lot Size: 1.61 Acres

Other

Directions Information:

  • Directions: GPS to 78 Cold Spring Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $2,202
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Monticello, NY.

Med. Sold Price

$234.2K

Med. Price/SqFt

$174

Avg. Days On Market

95

# of Sold Homes

8

78 Cold Spring Rd vs Monticello

14 DAYS ON ROCKET

-81 Days

$550,000

+$315.7K More

KEY TAKEAWAY

This property is $315.7K more than the Median Sold Price in Monticello, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6304670

Listing Office:

  • Office Name: Catskills Home Services
  • Office Phone: (845) 397-7768

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/16/2024, 11:56:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 16, 2020Home Sold
$84,000
Jun 02, 2016Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,202$36,500
2019$3,166$36,500
2018$3,122$36,500
2017$2,650$36,500

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2584987
9
/10
  • George L Cooke School

  • 69 Richardson Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-2584988
3
/10
  • Kenneth L Rutherford School

  • 26 Patricia Pl

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-2584989
2
/10
  • Benjamin Cosor Elementary School

  • 15 Old Falls Rd

  • 7.45 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,935. Most Monticello, NY residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 78 Cold Spring Rd

What is the listing price of this property?

The listing price of 78 Cold Spring Rd property is $550,000.

What type of property is this?

The property 78 Cold Spring Rd is land located in Monticello, New York, 12701.

Is this property for sale now?

Active Listing: 78 Cold Spring Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,202 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 16, 2020 for $84,000. (source: MLS/tax record).

How much acreage is this property?

The property 78 Cold Spring Rd is 1.61 acres.
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Rocket HomesNew YorkSullivan CountyMonticello1270178 Cold Spring Rd

This home is located at 78 Cold Spring Rd in Monticello, NY and zip code 12701. This home sits on a 1.61 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $550,000.

While more than 1 listings in Monticello, NY in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. In April 2024 in Monticello, NY there were 2.9% less homes for sale than in March 2024. While the average time on the market in April 2024 was 95 days, the median list price was $234,250.

From Rocket Homes Real Estate and based on county public records data.

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