1 month on rocket

312 Shawangunk Lake Rd, Pine Bush, NY, 12566

$480,000

Home List Price

$5,700*

Closing Credit

4 Bedrooms
2 Full Baths
2,072 SqFt
$232/SqFt
Multi
Schools Nearby

Location

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312 Shawangunk Lake Rd, Pine Bush$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached, 2 Car Attached, Driveway
Attached Garage2 spaces
Year Built1968
HeatingOil, Baseboard
CoolingNone
BasementYes
MLS #H6295082
Lot Size0.49 Acres
StatusActive
(A)

About 312 Shawangunk Lake Rd

Welcome to an exceptional opportunity in Pine Bush, NY a meticulously renovated duplex that perfectly caters to those seeking to lower theircost of living through rental income or secure stable returns without the hassle of unexpected repairs. This side-by-side duplex offers two distinctunits: 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 tomaintain a dry environment. Both units feature convenient in-unit washer and dryers, and additional basement storage. Each unit has its owndriveway, 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 areleased until May and December of 2024, providing immediate rental income. The units come with separate utilities which the tenants pay underthe 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 investmentopportunity, this property offers versatility to suit your needs

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Ranch
  • Year Built: 1968
  • Living Area: 2,072 SqFt

Listing Office:

  • Office Name: BHHS Hudson Valley Properties
  • Office Phone: (845) 255-9400

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: First Floor Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, 2 Car Attached, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Oil, Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Heading south on Burlingham Rd make a left on Shawangunk Lake Rd. The property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $1,840
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pine Bush, NY.

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Pine Bush, NY

City

Med. Sold Price

$390K

Med. Price/SqFt

$214

Avg. Days On Market

72

# of Sold Homes

6

312 Shawangunk Lake Rd vs Pine Bush

44 DAYS ON ROCKET

-28 Days

$480,000

+$90K More

$232/SqFt

+$17 More

KEY TAKEAWAY

This property is $90K more than the Median Sold Price and $17/SqFt more than other homes in Pine Bush, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6295082

Listing Office:

  • Office Name: BHHS Hudson Valley Properties
  • Office Phone: (845) 255-9400

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: 4/28/2024, 8:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,840$48,000
2019$3,260$48,000
2018$2,921$48,000
2017$2,861$48,000

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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-2600195
5
/10

  • Pine Bush Elementary School

  • 21 Ulsterville Rd

  • 2.09 miles

  • Public District Grades KG-5

school-card-donut-2600196
2
/10

  • E J Russell Elementary School

  • 78 Holland Ave

  • 2.61 miles

  • Public District Grades PK-5

school-card-donut-2600197
4
/10

  • Pakanasink Elementary School

  • 1953route 302

  • 5.73 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,956. The most common annual income of people living in Pine Bush, NY is between $100k-200k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Orange County›Pine Bush›12566›312 Shawangunk Lake Rd

This home is located at 312 Shawangunk Lake Rd in Pine Bush, NY and zip code 12566. This 2,072 square foot home, which was built in 1968, sits on a 0.49 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $480,000.

While more than 1 listings in Pine Bush, NY in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. Between February 2024 and March 2024, Pine Bush, NY real estate market has seen increase in the number of listings by 2.6%. In March 2024 median list price was $390,000 and the average listing age was 72 days.

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

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