Two-Unit Duplex with Garage
For Sale
$450,000
Pending
3648 Horseshoe Drive, Valatie, NY 12184
MultiFamily, Valatie, NY
Property Size2,340 SF
Lot Size6.16 Acres
Days on Market73
Property Features for 3648 Horseshoe Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 3
Parking
14
Parking features
Garage, Driveway, Off Street
Patio and Porch features
Deck
Fireplace
1
Basement
Crawl Space
Lot features
Private, Level, Road Frontage, Wooded, Cul-De-Sac
Elementary school district
Kinderhook-Ichabod Crane
Middle school district
Kinderhook-Ichabod Crane
High school district
Kinderhook-Ichabod Crane
Directions
I-90 E to exit 12, continue on US-9. Take Co Rd 28 to Horseshoe Dr.
Standard status
Pending
APN
104403 33.14-1-8.3
Size
2,340 SF
Lot size
6.16 Acres
Taxes and HOA fees
Tax Annual Amount
5166
Utilities
Sewer type
Septic Tank
Heating system
Oil
Water source
Well
Building Details
Year built
1970
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Wood Siding
Roof type
Shingle, Asphalt
Architectural style
Other
Additional Structures
Outbuilding
Listing Agency:
Venture Fox Realty Group LLC
(518) 290-1070
Listed By:
Erin Robilotta · License #10301223726
(518) 461-4710
Added: Aug 21
Changed: Oct 31
Last Checked: Nov 1 at 8:06PM
MLS# 202624527
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,340-square-foot duplex contains two one-bedroom units within a structure described as an old pole barn, creating an unusual residential layout. Built in 1970, the property has wood siding, carpet and linoleum flooring, oil heat, a deck, and a fireplace. Garage, driveway, and off-street parking are provided, with additional garage space available for vehicles, workshops, or creative projects. The shingle and asphalt roof needs replacement.
The property occupies 6.16 acres at 3648 Horseshoe Drive in Valatie, Columbia County, New York. Water is supplied by a well and wastewater is handled by a septic tank. The parcel combines a two-unit residential configuration with substantial land and garage improvements.
The property occupies 6.16 acres at 3648 Horseshoe Drive in Valatie, Columbia County, New York. Water is supplied by a well and wastewater is handled by a septic tank. The parcel combines a two-unit residential configuration with substantial land and garage improvements.
Key Highlights
- Two one‑bedroom units in a duplex configuration
- 2,340 square feet on 6.16 acres
- Garage, driveway, and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,076
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,520
$501.5K
Cap Rate 7%
$358,229
$358.2K
Cap Rate 9%
$278,622
$278.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$37.9K $16.20/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$35.8K $15.31/SF
− OpEx
−$10.7K −$4.59/SF
NOI
$25.1K $10.72/SF
Area
Columbia County, NY
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,520
Cap Rate 7%
$358,229
Cap Rate 9%
$278,622
Alternative Uses
Best Use
Multifamily LT 5
$358.2K
$313.5K – $417.9K
NOI $25,076 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$314.4K
$275.1K – $366.8K
NOI $22,008 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$578.9K
$506.6K – $675.4K
NOI $40,525 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 12184, NY
7,178
Population
3,415
Households
2.1
Avg Household Size
48
Median Age
38%
College-Educated
94%
High-School Grad
39.4 sq mi
ZIP Area
182
Density / Sq Mi
$91,616
Median Household Income
$52,946
Median Earnings
$1,131
Median Rent
$311,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Wood-sided duplex with deck, fireplace, garage access, and well and septic service on a substantial land parcel.
Where is this duplex located?
The property is located at 3648 Horseshoe Drive Valatie, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two one‑bedroom units in a duplex configuration; 2,340 square feet on 6.16 acres; Garage, driveway, and off‑street parking
