Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Income-Producing Cottages and Cabin Title is generated by Realmo AI

    100-104 Bone Hollow Road, Accord, NY 12404

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two renovated cottages and cabin on one acre near parks.

    Type:Multifamily
    Property size:
    1,150 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $520/SF
    Added:
    Jul 23, 2025
    Days on Market:
    315
    Last Refresh:
    May 14 at 9:37 pm

    Property Features for 100-104 Bone Hollow Road

    General Information

    Standard status
    Active
    Size
    1,150 SF
    Lot size
    1.00 Acre
    Property subtype
    Multifamily

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Nicholas Cimato

    Listing agent Nicholas Cimato License #10401264980

    Listing office Halter Associates Realty

    Listing date Jul 23, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Halter Associates Realty

    HighLights

    • Income‑producing property: Two cottages generating $4200/month.
    • Fully renovated: Both cottages renovated within the last 3 years.
    • Desirable location: Minutes from Stone Ridge, Accord, Rosendale, and Kerhonkson.
    • Two separate dwellings: a 720 sq ft 2 BR cottage and a 430 sq ft cabin with loft.
    • Unique cabin features: Retro 50's style appliances and a sleeping loft.
    • Natural surroundings: 1 acre with old growth trees and a seasonal brook.

    Overview

    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 unit 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 features a retro feel with 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 located minutes from Stone Ridge and Accord, as well as Rosendale and Kerhonkson, and is convenient to Minnewaska State Park, Vernooy Kill Falls, and rock climbing in the Gunks.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    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
    -74.220631
    Latitude
    41.849864

    Nearby Similar for Sale

    • $925,000
      3,500 SF

      Turnkey Restaurant and Community Space

      Restaurant and community space available on a 2.6-acre parcel.
      5125 Route 209, Accord, NY 12404
      View Details
    • $300,000
      2,700 SF

      Established Indian Restaurant Business Opportunity

      Turnkey Indian restaurant business for sale in prime location.
      300 Park Point Drive, Accord, NY 14623
      View Details
    • $249,900
      2,156 SF

      Eastwood Colonial Two-Family Property

      Two-unit property with modern updates and investment potential.
      2129 JAMES Street, Accord, NY 13206
      View Details
    • $180,000
      4,200 SF

      Income-Producing Multifamily Property

      Nine-unit property designed to generate income in Accord, NY.
      107 W THOMAS, Accord, NY 13440
      View Details
    • $3,199,000
      42 SF

      Established Campground in Hudson Valley

      Operating campground on 42.6 acres near Stone Ridge and New Paltz.
      425 Woodland Road, Accord, NY 12404
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Two renovated cottages and cabin on one acre near parks.
    Where is this multifamily property 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: Income‑producing property: Two cottages generating $4200/month.; Fully renovated: Both cottages renovated within the last 3 years.; Desirable location: Minutes from Stone Ridge, Accord, Rosendale, and Kerhonkson.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Nicholas Cimato
    Real Estate License ID: 10401264980
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    100-104 Bone Hollow Road, Accord, NY 12404
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!