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    Two Cottages on Large Lot Title is generated by Realmo AI

    18 & 20 Church Road, Mountaindale, NY 12763

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    For Sale
    $299,000

    MULTI_FAMILY - Cottage - Mountain Dale, NY

    Lot size:
    0.68 Acres
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 3:06 pm

    Property Features for 18 & 20 Church Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
    Parking features
    Driveway
    Patio and Porch features
    Porch, Deck
    Interior features
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
    Exterior features
    Garden
    Standard status
    Active
    APN
    4828890440001057002
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4029

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1939
    Number of units
    2
    Building materials
    Frame
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Diane Silver
    Diane Silver

    Listing agent Diane Silver

    Listing office Keller Williams Hudson Valley 253 Rock Hill Dr, Ste 2, New City, NY

    Listing date May 29, 2026

    MLS# 1006355 Listing URL

    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.

    HighLights

    • Two separate rentable cottages on one property offer income potential.
    • Each cottage has separate electric meters and oil tanks.
    • Property features a garden, landscaping, open space, woods, and a large driveway.
    • Unit #20 has two bedrooms and two separate entrances.
    • Unit #18 has a deck and eat‑in kitchen.
    • Both cottages have enclosed entry porches.

    Overview

    This property features two separate homes, offering the opportunity to live in one and rent the other, or generate income from both. Currently rented and well-maintained by tenants, the property exudes a delightful country ambiance with open space, woods, a fenced garden, landscaping, and a large driveway. Unit #18, located on the right side, includes a deck, enclosed entry porch, living room, eat-in kitchen, full bath, and one bedroom. The wall between the two original bedrooms was removed to create a larger primary bedroom. Unit #20, situated on the left side, features an enclosed entry porch, living room, kitchen, dining area, two bedrooms, a full bath, and two separate entrances. Each home is equipped with its own electric meter and oil tank. The property is located in Mountain Dale, NY, and sits on a 0.68-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Gym & Fitness Center Hotel & Motel Department Store Skin Care Clinic Bar & Pub Discount Store (Bike/Boat/Book/etc) Store Veterinary Clinic Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Mountaindale
    County
    Sullivan
    State
    New York
    Longitude
    -74.530285
    Latitude
    41.687636

    FAQs

    What type of property is this?
    Duplex - Two income-producing cottages on a spacious lot with country charm.
    Where is this duplex located?
    The property is located at 18 & 20 Church Road Mountaindale, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Two separate rentable cottages on one property offer income potential.; Each cottage has separate electric meters and oil tanks.; Property features a garden, landscaping, open space, woods, and a large driveway.
    (845) 866-3724
    We can help!
    Listing Contact
    Diane Silver
    Diane Silver
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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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