Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Mountain and Water Views Title is generated by Realmo AI

    2 Red Rock Road, Wawarsing, NY 12489

    View on Map
    Claim this Listing
    For Sale
    $475,000

    LAND - Wawarsing, NY

    Lot size:
    4.32 Acres
    Added:
    Jun 2, 2025
    Days on Market:
    350
    Last Refresh:
    May 17 at 4:06 am

    Property Features for 2 Red Rock Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    314 - Rural vac
    Standard status
    Active
    Lot size
    4.32 Acres

    Taxes and HOA fees

    Tax Description
    65.4-2-2

    We can help!

    Listing Contact
    Antonio Parrotta
    Antonio Parrotta

    Listing agent Antonio Parrotta License #10401322253

    Listing office Coldwell Banker Village GreenN 157 Main Street, Kingston, NY

    Listing date Jun 2, 2025

    MLS# 20251880 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.

    HighLights

    • Stunning mountain and water views on a 4.32 acre lot.
    • Part of South Hill, a carefully planned community designed for harmonious living with nature.
    • Located less than 2 hours from NYC in Southern Ulster County.
    • Features contemporary homes designed by MAPOS Architects.
    • Situated between the Catskill and Shawangunk Mountain ranges.
    • Access to a permanently protected 30‑acre meadow.

    Overview

    Located at 2 Red Rock Road in Wawarsing, this 4.32-acre lot is part of South Hill, a community of 22 properties designed to integrate residential living with the natural environment of the Catskills. Situated on 131 acres along a ridge in Wawarsing, Southern Ulster County, the property is less than two hours from New York City. The location offers mountain and water views. South Hill is positioned where the Catskill and Hudson Valley regions converge, bordered by the Catskill and Shawangunk Mountain ranges. The community features contemporary homes designed by MAPOS Architects, each positioned for privacy and optimal views. The property provides an opportunity to experience the sounds of wildlife and mountain air, with views of a permanently protected 30-acre meadow at the center of South Hill.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Wawarsing
    County
    Ulster
    State
    New York
    Longitude
    -74.497707
    Latitude
    41.810273

    Nearby Similar for Sale

    • $385,000
      3,000 SF

      Versatile Mixed-Use Commercial Opportunity

      3000 sq ft mixed-use space with endless potential.
      7174 Route 209, Wawarsing, NY 12489
      View Details
    • $115,000

      Land with Cottage in Wawarsing

      2.3-acre property with cottage near Ellenville, NY.
      595-599 Oak Ridge Road, Wawarsing, NY 12428
      View Details
    • $769,000

      Wawarsing Vacant Land with Forest

      171 acres of Catskill Mountain forest, potential for subdivision.
      00 Cranberry Rd, Wawarsing, NY 12489
      View Details
    • $49,999

      Residential Lot in Ulster County

      1-acre residential lot in Wawarsing, near Hudson Valley.
      Route 52, Wawarsing, NY 12489
      View Details
    • $475,000

      Land with Mountain and Water Views

      5.26 acre lot in planned community near NYC.
      3 Red Rock Road, Wawarsing, NY 12489
      View Details
    • $475,000

      Land with Hudson Valley Views

      3.59-acre lot in South Hill community with panoramic views.
      19 Red Rock Road, Wawarsing, NY 12489
      View Details
    • $350,000

      Land in South Hill Community

      4.16-acre lot with meadow and mountain views in Wawarsing.
      15 Red Rock Road, Wawarsing, NY 12489
      View Details
    • $55,000

      Wawarsing Land For Sale

      1.2 acre lot in the scenic Hudson Valley.
      Route 52, Wawarsing, NY 12489
      View Details
    • $55,000

      Wawarsing Acre Parcel For Sale

      One-acre parcel in Wawarsing, NY, with RS-1 zoning.
      Route 52, Wawarsing, NY 12489
      View Details
    • $495,000
      2,720 SF

      Versatile Mixed-Use Commercial Opportunity

      3000 sq ft mixed-use space in Wawarsing, NY.
      7174 Old Rte 209, Wawarsing, NY 12489
      View Details
    • $1,095,000
      14,700 SF

      Turnkey Restaurant with Event Tent

      Fully equipped restaurant with high visibility and large event tent.
      7400 US-209, Wawarsing, NY 12489
      View Details

    FAQs

    What type of property is this?
    Land - 4.32 acre lot in a planned Catskills community.
    Where is this land located?
    The property is located at 2 Red Rock Road Wawarsing, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Stunning mountain and water views on a 4.32 acre lot.; Part of South Hill, a carefully planned community designed for harmonious living with nature.; Located less than 2 hours from NYC in Southern Ulster County.
    (917) 575-0725
    We can help!
    Listing Contact
    Antonio Parrotta
    Antonio Parrotta
    Real Estate License ID: 10401322253
    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
    2 Red Rock Road, Wawarsing, NY 12489
    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!