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$1,298,800
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Property Description
One-of-a-kind 7-building residential rental property with 36 acres of land in the town of Mount Hope for sale. All 7 buildings have been updated, and some are still undergoing further renovations. Some of the units were used intermittently for Airbnb, while others have been rented out permanently as yearly rental units. The main house is 2,152 square feet with at least 2-3 bedrooms. Unit 2 is 1,772 square feet with 2 bedrooms. The remaining units are all 1-bedroom units. The annual income is $322,000 based on yearly rentals, with significantly higher earnings through Airbnb rentals from before. There is a pond and a large, old barn on the property. The rear of the property offers plenty of land that can be utilized. The surrounding area consists of single-family residential properties. This property is grandfathered as a residential-commercial property. It is located in a quiet and desirable MiniSink School District, not far from shopping and highways. The CAP rate is around 7% with the current $1.3MM sales price.
Full Property Details
Full Property Details for 1 Royal Acres Dr
General
- Price: $1,298,800
- Taxes: $17,257
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 947946
- Updated: 2/2/2026
- Added to Site: 90 day(s) ago
Parking
- Parking Features: Driveway, Private
Location
- County: Orange County
- Cross Streets: Tally Ho Road
School Information
- High School District: Minisink Valley
- Elementary School: Otisville Elementary School
- Middle School: Minisink Valley Middle School
- High School: Minisink Valley High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 7523
- Square Feet: 7,523
- Year Built: 1945
Lot Features
- Lot Size (Acres): 36
- Lot Size (Sq. Ft.): 1,568,160
- Zoning: R1
Water Features
- Water Front View: Pond
Financial Considerations
- Tax Amount: $17,257.98
Disclosures and Reports
- Special Conditions: None
- Property ID: 334489-007-000-0001-040.100-0000
Listed by Keller Williams Hudson Valley
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Schools
Schools serving 1 Royal Acres Dr
School District:Minisink Valley Central School District
| Name | Grades | Distance |
|---|---|---|
Otisville Elementary School 2525 Mount Hope Road, Otisville, NY 10963 | K-5 | 2.5 mi |
Minisink Valley Middle School 2320 U.S. 6, Middletown, NY 10940 | 6-8 | 6.1 mi |
Minisink Valley High School 2320 U.S. 6, Middletown, NY 10940 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Royal Acres Dr
Date
Details
Price
Change
Source
2/02/2026
Price Increased
$1,298,800
0.06%
MLS
1/16/2026
Price Reduced
$1,298,000
-13.47%
MLS
1/15/2026
Price Increased
$1,500,000
15.39%
MLS
1/04/2026
Listed
$1,299,900
128.05%
MLS
12/09/2022
Sold
$570,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Royal Acres Dr
Year
Property Taxes
Change
Tax Assessment
Change
2021
100%
$305,000
11%
2021
-100%
$275,000
—
2021
$16,874
-39%
$275,000
—
2020
$27,606
5%
$275,000
—
2018
$26,281
80%
$275,000
—
2017
$14,592
-2%
$275,000
—
2016
$14,818
-4%
$275,000
—
2015
$15,376
-2%
$275,000
—
2015
$15,623
3%
$275,000
—
2013
$15,102
—
$275,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Royal Acres Dr
1 Royal Acres Drive, Middletown, NY 10940 (MLS# 947946) is a Commercial property. 1 Royal Acres Drive is currently listed for $1,298,800 and was received on January 04, 2026. Want to learn more about 1 Royal Acres Drive? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.
