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1-18 Willow Way, Rhinebeck, NY 12572
$3,500,000
1-18 Willow Way, Rhinebeck, NY 12572View this property at 1-18 Willow Way, Rhinebeck, NY 12572
1-18 Willow WayRhinebeckNY12572
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Property Description
This well maintained 18-unit garden style apartment complex presents a prime value-add investment opportunity in a sought-after Rhinebeck, NY location. The property comprises a mix of unit types, including 14 spacious two-bedroom apartments, 3 one-bedroom plus den units, and one studio apartment, along with a two-car garage. The property boasts impressive landscaping, creating a serene and welcoming environment for residents. Plenty of parking available for both tenants and guests, ensuring convenience and ease of access. The units feature a mix of ground-floor flats, two-level townhome-style layouts with 2 bedrooms and 1.5 baths, and a few mixed floor plan units. This variety adds character and charm to the complex, appealing to different tenant preferences.
Full Property Details
Full Property Details for 118 Willow Way
General
- Price: $3,500,000
- Taxes: $41,862
- Status: Active
- Type: Multi-Family
- MLS ID: H6300748
- Updated: 4/15/2024
- Added to Site: 35 day(s) ago
Interior
- Interior Features: High Speed Internet, Storage
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 40
- Parking Features: Attached, 2 Car Attached, Common, Parking Lot, No Garage
Location
- County: Dutchess
- Township: Rhinebeck
- Driving Directions: From Rhinebeck Village, take E Market St (RT-308). Go for 3.3 mi and take a right onto Salisbury Tpke (CR-52). Go for 0.8 mi. to Willow Way on the left.
School Information
- Elem School District: Rhinebeck
- Midd School District: Rhinebeck
- High School District: Rhinebeck
- Elementary School: Chancellor Livingston Elementary Sch
- Middle School: Bulkeley Middle School
- High School: Rhinebeck Senior High School
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Electric, Oil, Propane, Forced Air
- Water Heater: Electric Stand Alone
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Detached/Attached: Attached
- Construction: Frame, Brick, HardiPlank Type, Vinyl Siding
- Basement Desc.: Crawl Space, Full Basement, Partial, None, Unfinished, Walk-Out Access
- Common Walls: 2+ Common Walls
- Square Feet: 25,121
- Sq. Ft. Source: Municipality
- Year Built: 1960
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 6.82
- Lot Size (Sq. Ft.): 297,079
- Lot Size Source: Other
- Road Maintenance: Public Maintained Road
- Lot Features: Level, Part Wooded
Financial Considerations
- Tax Amount: $41,862
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 135089-6371-00-336009-0000
Listed by BHHS Hudson Valley Properties
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Schools
Schools serving 118 Willow Way
School District:Rhinebeck Central School District
Rating | Name | Grades | Distance |
---|---|---|---|
48 Knollwood Rd, Rhinebeck, NY 12572 | K-5 | 3.5 mi | |
45 N Park Rd, Rhinebeck, NY 12572 | 9-12 | 3.3 mi | |
45 N Park Rd, Rhinebeck, NY 12572 | 9-12 | 3.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Willow Way
Date
Details
Price
Change
Source
4/15/2024
Listed
$3,500,000
66.67%
MLS
7/29/2016
Sold
$2,100,000
—
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 118 Willow Way
Year
Property Taxes
Change
Tax Assessment
Change
2020
100%
$2,849,000
9%
2021
-100%
$2,613,800
26%
2021
$10,809
-71%
$2,070,800
70%
2020
$37,343
32%
$1,216,600
—
2018
$28,321
4%
$1,216,600
—
2017
$27,188
2%
$1,216,600
—
2016
$26,555
—
$1,216,600
—
2015
$26,657
1%
$1,216,600
—
2015
$26,418
3%
$1,216,600
—
2013
$25,651
—
$1,216,600
—
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 118 Willow Way
1-18 Willow Way, Rhinebeck, NY 12572 (MLS# H6300748) is a Multi-Family property with 18 units containing 0 bedrooms and 0 full bathrooms. 1-18 Willow Way is currently listed for $3,500,000 and was received on April 15, 2024. Want to learn more about 1-18 Willow Way? Do you have questions about finding other Multi-Family real estate for sale in Rhinebeck? You can browse all Rhinebeck real estate or contact a Coldwell Banker agent to request more information.