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    100-104 Bone Hollow Road Accord, NY 12404

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    For Sale
    $599,000

    MULTI_FAMILY - Cottage - Accord, NY

    Property size:
    1,150 SF
    Lot size:
    1.00 Acre
    Added:
    Jul 23, 2025
    Days on Market:
    267
    Last Refresh:
    Apr 15 at 2:06 am

    Property Features for 100-104 Bone Hollow Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A3
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 3, Basement, Bathroom 2, Bedroom 1, Bathroom 1
    Parking features
    Paved or Surfaced, Driveway
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Floorplan
    Basement
    Concrete, French Drain, Interior Entry, Walk-Out Access, Crawl Space, Full, Sump Pump, Unfinished
    Appliances
    Water Softener, Water Heater, Washer/Dryer, Microwave, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Gas Oven, Dryer
    Standard status
    Active
    APN
    61.3-1-55
    Size
    1,150 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Description
    55, 1, 100-104 Bone Hollow
    Tax Annual Amount
    4869

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Hardwood, Tile - Ceramic
    Building materials
    Cedar, Clapboard, Frame, Shake Siding
    Roof type
    Shingle
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Nicholas Cimato

    Listing agent Nicholas Cimato

    Listing office Halter Associates Realty 89 N Front Street, Bearsville, NY

    Listing date Jul 23, 2025

    MLS# 20253256 Listing URL

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Cottages in Accord, NY

    This property features two income-producing cottages. The first cottage, spanning 720 square feet, includes 2 bedrooms and is currently rented for $2400 per month. The second cottage is a 430-square-foot cedar shake shingle cabin with a loft, rented for $1800 per month. Both units have been fully renovated within the past 3 years. The primary cottage has an open floor plan with an eat-in kitchen and two bedrooms. The smaller cabin has a retro feel, featuring 50's style appliances and a sleeping loft overlooking the living space. The property is situated on one acre of cleared land, surrounded by old-growth trees and a seasonal brook. It is conveniently located minutes from Stone Ridge and Accord, as well as Rosendale and Kerhonkson. The location offers proximity to Minnewaska State Park, Vernooy Kill Falls, and rock climbing in the Gunks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Food Market Grocery & Convenience Store Electrical Service Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Accord
    County
    Ulster
    State
    New York
    Longitude
    -74.220487
    Latitude
    41.848899

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    FAQs

    What type of property is this?
    Duplex - Two renovated cottages on one acre near Stone Ridge.
    Where is this duplex located?
    The property is located at 100-104 Bone Hollow Road Accord, NY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Two income‑producing properties (720 sq ft cottage & 430 sq ft cabin) generating $4200/month in rental income.; Both properties have been fully renovated within the last 3 years.; Enjoy one acre of cleared land surrounded by old growth trees and a seasonal brook.
    (917) 957-6633
    We can help!
    Listing Contact
    Nicholas Cimato
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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