Duplex on
For Sale
$579,000
118 Old Roosa Gap Road, Bloomingburg, NY 12721
Residential Income, Bloomingburg, NY
Property Size2,533 SF
Lot Size7.20 Acres
Price / SF$228.58
Days on Market180
Property Features for 118 Old Roosa Gap Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Basement
Parking
9
Parking features
Driveway
Patio and Porch features
Porch
Exterior features
Mailbox
Basement
Full
Lot features
Back Yard, Front Yard, Hilly, Near Public Transit, Near School, Near Shops, Part Wooded, Private, Secluded, Views
Elementary school
Circleville Elementary School
Middle school
Circleville Middle School
High school
Pine Bush Senior High School
Elementary school district
Pine Bush
Middle school district
Pine Bush
High school district
Pine Bush
Directions
Bloomingburg rd to Godfrey Rd to Old Rossa Gap to #118
Standard status
Active
APN
4089-046-0-0002-037-000
Lot size
7.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8000
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air
Water source
Well
Water front features
Pond
Water front
1
Amenities
spring-fed pond
porch
terrace
Building Details
Year built
1920
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Real Estate Circuit Inc
(845) 344-1480
Listed By:
Michelle P Gruberger · License #10301200840
(845) 800-3905
Added: Apr 9
Changed: Sep 28
Last Checked: Oct 5 at 3:06PM
MLS# 983246
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.
Investment Insights
Based on property information with market context.
Built in 1920, this frame duplex contains two separate living units and needs renovation and updating. The property spans 7.2 acres and includes a full basement, porch, terrace areas, and a spring-fed pond.
A well and septic system serve the property. Forced-air heating and a driveway are also present.
A well and septic system serve the property. Forced-air heating and a driveway are also present.
Key Highlights
- Two residential units on 7.2 acres
- Built in 1920; renovation and updating needed
- Spring‑fed pond, porch, and terrace areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,194
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,880
$403.9K
Cap Rate 7%
$288,486
$288.5K
Cap Rate 9%
$224,378
$224.4K
Market Conditions
NOI Build-Up for 2,533 SF
Gross rent
$32.5K $12.84/SF
− Vacancy
−$3.7K −$1.45/SF
EGI
$28.8K $11.39/SF
− OpEx
−$8.7K −$3.42/SF
NOI
$20.2K $7.97/SF
Area
Sullivan County, NY
Vacancy
11.30%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,880
Cap Rate 7%
$288,486
Cap Rate 9%
$224,378
Alternative Uses
Best Use
Multifamily LT 5
$288.5K
$252.4K – $336.6K
NOI $20,194 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$276.2K
$241.7K – $322.3K
NOI $19,337 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$694.8K
$607.9K – $810.6K
NOI $48,634 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 12721, NY
7,504
Population
2,876
Households
2.6
Avg Household Size
35
Median Age
25%
College-Educated
92%
High-School Grad
24.7 sq mi
ZIP Area
304
Density / Sq Mi
$84,188
Median Household Income
$46,164
Median Earnings
$1,432
Median Rent
$307,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences occupy a property that requires renovation and updating.
Where is this duplex located?
The property is located at 118 Old Roosa Gap Road Bloomingburg, NY.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Two residential units on 7.2 acres; Built in 1920; renovation and updating needed; Spring‑fed pond, porch, and terrace areas
