1296 - 1298 Route 22, Dover, NY 12594

Wingdale, NY
$ 799,000 Beds 8 Baths 5.5 Sq 4,360
Monthly Estimate* How much can I afford?

Immediate income from this turn-key multi-unit rental property. Fully rented, four units in three recently renovated buildings generate $6,900 monthly, $82,800 annually in rental income. The property is almost an acre, cleared and level with plenty of lawn and parking space. It is highly visible, being on Route 22 with an annual average daily traffic count of 9,770. In Wingdale, just north of the Pawling town line, the setting is breathtaking, with mountains behind and the Great Swamp across Route 22. The 4 units are in 3 separate structures. The first house is a 1560 SF split level contemporary with newer gas furnace with two units, the main home a 3 bedroom, 1 bath and the legal accessory apartment with 1 bedroom, 1 bath with a rear entrance. The second home is a 1680 SF contemporary cape with first floor master bedroom and bath, two additional bedrooms and full bath upstairs. The third building is a Dutch colonial styled barn with the first story a two-bay heated garage with a 9.5 foot ceiling, high doors, half bath and laundry. Upstairs is an 1120 SF 1 bedroom, 1 bath apartment plus den/office. All 4 units have access to the green space outside and a common parking lot. There is a long list of improvements, including a brand new 8 bedroom septic system. It is possible that the property will be rezoned commercial soon. If that happens, some or all of the units could be converted to retail or other commercial use with significantly increased rental income. 2 minutes to the Wingdale Metro North station, 5 minutes to the quaint Village of Pawling with fine dining, shops, and pubs.

Multi-Family

  • Price
  • $ 799,000
  • Lot Size
  • 0.99 Acres
  • Bedrooms
  • 8
  • Sqr Footage
  • 4,360
  • Full Bathrooms
  • 5
  • Year Built
  • 1997
  • Half Bathrooms
  • 1
  • City, Zip
  • Wingdale
  • Taxes
  • 11509
  • County
  • DUTCHESS
  • Style
  • Split Level,Cape
  • Area
  • Dover
  • MLS#
  • H6101846
  • Zip
  • 12594
Listing Provided by: Brian McGrath with McGrath Realty Inc
Data Source: OneKey MLS

Features

General

Architectural Style Split Level, Cape
Buildingareaunits Square Feet
Community Features Park
Construction Materials Frame
Cooling Central Air, None
Elementary School Wingdale Elementary School
Elementary School District Dover
Garage Spaces 2.00
Garage Y/N Yes
Heating Oil, Propane, Baseboard, Forced Air
High School Dover High School
High School District Dover
Hot Water Electric Stand Alone, On Demand
Interior Features Master Downstairs, 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Legal Accessory Apartment, Storage
Middle/Junior High School Dover Middle School
Middle/Junior School District Dover
Parking Features Detached, 2 Car Detached, Driveway, Parking Lot
Property SubType Multi Family
Property Type Residential Income
Sewer Septic Tank
Tax Annual Amount 11509.00
TaxAssessedValue 208200
Total Units 4
View Other
Village None

Interior Features

Air Conditioning Y/N Yes
Window Features Skylight(s)

Exterior Features

Lot Features Level, Near Public Transit
Lot Size Acres 0.9900
Lot Size Area 0.9900
Lot Size Source Other
Lot Size Square Feet 43124.00
Lot Size Units Acres
Number of Separate Electric Meters 3
Roadresponsibility Public Maintained Road
Total Parking 8.00
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Stamford, CT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Wingdale Elementary School
Middle School Dover Middle School
High School Dover High School

Price History

3/15/2021 Listed $799,000

Property vs Zip Code Average in 12594

Price
AVG $470K
$800K
Taxes
AVG $9,034
$11,509
Visits
AVG 15
25
Year Built
AVG 1958
1997

Map

In The Neighborhood

Areas That We Cover

1296 - 1298 Route 22, Dover, NY 12594 Wingdale, NY is a Single Family Home for sale at $799000 with 4360 sqft and a lot size of 0.99 Acres Acre(s). 1296 - 1298 Route 22, Dover, NY 12594 Wingdale has 8 bedrooms, 5 baths and was built in 1997. The property's zip code is 12594 which is in Wingdale, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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