571 Spring Lake Road, Red Hook, NY 12571

$869,000
7
BD
6
BA
4,500
SqFt
List Price
$869,000
Days on Market
200
MLS#
H6198390
Status
ACTIVE
Property Type
Multi Family
Year Built
1970
Property Tax
$15,391
Neighborhood
Milan
School District
Red Hook
High School
Red Hook Senior High School
Jr. High
Linden Avenue Middle School
Elementary School
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Property Description

Lifestyle meets living! Four lakefront cottages offering six long term rental units less than 10 minutes from the Village of Red Hook and 15 minutes to Rhinebeck. Kayaking, swimming, fishing, fire pit, lakefront recreation, resident gardens and hiking - all at home. Watch eagles bathing in the lake while Osprey come for respite. Nature abounds at this beautiful location. With a cap rate of approximately 7%, take the keys and roll as is or step long term rental resort living up a notch. This rare opportunity awaits your vision. Two cottages are single residence and two are duplex. Approximately 600 feet of direct lake frontage. The residences and property have been impeccably maintained by current owner for over 25 years. Separate meters for each unit plus landlord meter (7). See survey, expense, income breakdown and other docs attached to listing. View video under photos to immerse in this unique offering. Prior day courtesy notice to tenants to see all cottages in one showing.

Additional Information

Bedrooms
7
Bathrooms
6
Full Baths
6
Square Footage
4,500
Acres
5
Parking
Common, Driveway, Parking Lot, Unassigned
Basement
Crawl Space
Heating
Electric, Propane, Baseboard
Cooling
Wall Unit(s), Window Unit(s)
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sandra A. Park (spark@hudsonvalleynest.com) from Listing Office: Coldwell Banker Realty.


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