Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4 Chapel St Ellenville, NY 12428

    Sponsored
    For Sale
    $314,900

    MULTI_FAMILY - Ellenville, NY

    Lot size:
    0.26 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 23 at 4:06 am

    Property Features for 4 Chapel St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Basement, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    5601-091.022-0004-024.000-0000
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Fireplace
    1
    Basement
    Unfinished
    Lot size
    0.26 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil
    Water source
    Public

    Building Details

    Year built
    1905
    Number of units
    2
    Building materials
    Frame, Vinyl Siding

    We can help!

    Listing Contact
    Rebecca Matta-Candela

    Keller Williams Realty (845) 928-8000 [email protected]

    Listing agent Rebecca Matta-Candela

    Listing date Jan 16, 2026

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

    Learn more

    Property Insight Report

    Overview

    Charming Ellenville Two-Family Home

    This two-family home in Ellenville, NY, features two separate apartments. Each apartment includes two bedrooms, one full bath, a living room, kitchen, and dining area, as well as private entrances. The property is situated on a spacious 0.26-acre lot with off-street parking, two garages, and yard space. It is located close to downtown amenities, shops, restaurants, Route 209 and 44/55, and offers scenic views of the Shawangunk Ridge. This property could be suitable for investors or for owner-occupancy, renting out the other unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellenville
    County
    Ulster
    State
    New York
    Longitude
    -74.388849
    Latitude
    41.709993

    Nearby Similar for Sale

    • $799,000
      32.70 Acres

      Catskills Bungalow Colony on 32 Acres

      Charming bungalow colony with year-round homes on 32 acres.
      224 Camp Rd, Ellenville, NY 12428
      View Details
    • $400,000
      4,200 SF

      Ellenville Mixed-Use Building For Sale

      4,200 sq ft mixed-use building in the heart of Ellenville.
      129 Canal St, Ellenville, NY 12428
      View Details
    • $775,000
      Pending

      Mixed-Use Building in Ellenville, NY

      Mixed-use commercial building with retail space and residential apartments.
      143 Canal St, Ellenville, NY 12428
      View Details
    • $350,000
      0.22 Acres

      Ellenville Duplex: Investment Opportunity

      Duplex with strong rental income, near amenities, ideal for investors.
      244 Canal St, Ellenville, NY 12428
      View Details
    • $2,000,000
      149.00 Acres

      149 Acres Farmland with Stream

      Farmland with stream, cottages, barns, and Shawangunk Ridge views.
      8543 Route 209, Ellenville, NY 12428
      View Details
    • New
      $899,000
      0.40 Acres

      Fully Occupied Multifamily Investment

      Six-unit multifamily property in Ellenville, NY with parking.
      7 Maiden Ln, Ellenville, NY 12428
      View Details
    • New
      $270,000
      1,593 SF

      Ellenville Duplex Investment Opportunity

      Two-unit property in Ellenville, NY, with reliable tenants.
      11 Tuthill Ave, Ellenville, NY 12428
      View Details
    • $900,000

      Ellenville Commercial Space For Sale

      Move-in ready commercial space in up-and-coming Ellenville, New York.
      46 Canal St, Ellenville, NY 12428
      View Details
    • $349,000
      0.09 Acres

      Ellenville Multi-Family Income Property

      Legal 3-family property in Ellenville, great investment opportunity.
      15-17 Tyrone Thomas Ln, Ellenville, NY 12428
      View Details
    • $699,999
      1,960 SF

      Unique Bungalow Retreat Opportunity

      33-acre property with 8 bungalows, main house, and event space.
      66-84 Katzman Rd, Ellenville, NY 12428
      View Details
    • $324,900

      Well-Maintained Two-Family Home

      Two spacious apartments, ideal for investors or owner-occupants.
      54 Market St, Ellenville, NY 12428
      View Details
    • $1,600,000

      Free-Standing Warehouse Building For Sale

      14,200 SF clear span warehouse suitable for various uses.
      202 Canal St, Ellenville, NY 12428
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property with garages, parking, and yard near downtown.
    Where is this duplex located?
    The property is located at 4 Chapel St Ellenville, NY.
    What is the asking price?
    The asking price for this property is $314,900.
    What are key features of this property?
    This property features: - Two separate apartments, ideal for investors or owner-occupancy with rental income.; - Each unit features 2 bedrooms, 1 full bath, living room, kitchen, and dining area.; - Spacious lot with off-street parking and **2 garages**.
    (845) 548-4902
    Request Owner's contact information
    4 Chapel St Ellenville, NY 12428
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Chapel St
    Ellenville, NY 12428
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4 Chapel St Ellenville, NY 12428
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rebecca Matta-Candela
    (845) 548-4902
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.