200 Harry Wells Rd - Specialty FOR SALE


Saugerties, NY 12477
$575,000 USD
845-679-0006
200 Harry Wells Rd, Saugerties, NY for Sale
$575,000 USD
Specialty - FOR SALE
1/20
null | 11.6% Cap Rate

200 Harry Wells Rd
Saugerties, NY 12477


HIGHLIGHTS

  • Turnkey Investment Property. Central to everything to love in the Catskills
  • Cost Segregation
  • Hot tub, theatre room, open floor plan, kid friendly bonus room.

OVERVIEW

Exceptional Investment Opportunity in Saugerties, NY Prime Turnkey Rental Property - Booked out every weekend this year. Unlock the potential of this exceptional turnkey rental property situated in the highly sought-after area of Saugerties, NY. This property offers an unparalleled opportunity for savvy investors looking to capitalize on the thriving real estate market. With 4 spacious bedrooms, including a luxurious primary suite, this home is designed to attract tenants eager for comfort and convenience. Key Highlights: Attractive Cap Rate of 11.6%: Take advantage of a competitive cap rate that promises robust returns on your investment. This property stands out in the market, ensuring consistent income streams that are hard to beat! Generous Gross Income: The property boasts a total gross income of over $96,000, providing a solid financial foundation for new owners. With multiple sources of income and an attractive rental market, your investment could flourish! Cost Segregation Benefits: Make the most of your investment with cost segregation strategies that allow for accelerated depreciation, significantly enhancing your cash flow. This means more money in your pocket sooner, a key advantage for any investor. Spacious Layout: Featuring 4 spacious bedrooms, including 1 master suite with a bonus room for kids, this property is designed for both comfort and style. Guests will appreciate the thoughtful layout and modern aesthetics throughout. Prime Location: Nestled in the charming town of Saugerties, this property is just minutes away from local amenities, parks, shopping areas, and vibrant community events. Its strategic location ensures high demand from potential renters. Low Maintenance: This property is turn-key, meaning there’s minimal work needed before you start earning rental income. Say goodbye to extensive renovations and hello to immediate cash flow!

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

11.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

200 Harry Wells

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

02

APN/PARCEL ID

4889-008.004-0011-026.000-0000

ASK ABOUT THIS PROPERTY

James AngelakisBHHS Hudson Valley Properties-WoodstockMore Info
845-679-0006

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James AngelakisBHHS Hudson Valley Properties-WoodstockMore Info
845-679-0006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.