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    Historic Lodge Property in Catskills Title is generated by Realmo AI

    41 County Road 39, Round Top, NY 12473

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    For Sale
    $289,000

    MULTI_FAMILY - Victorian - Round Top, NY

    Property size:
    5,542 SF
    Lot size:
    2.40 Acres
    Price / SF:
    $52/SF
    Added:
    Feb 21, 2026
    Days on Market:
    80
    Last Refresh:
    May 12 at 7:06 pm

    Property Features for 41 County Road 39

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    01
    Bedrooms
    16
    Bathrooms
    8
    Rooms
    Bedroom 10, Bedroom 5, Bathroom 8, Bedroom 9, Bathroom 6, Bedroom 11, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 14, Bedroom 16, Bathroom 1, Bathroom 7, Bathroom 4, Bedroom 12, Bedroom 15, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 7, Bedroom 13
    Interior features
    Cathedral Ceiling(s), Dry Bar, High Ceilings, Pantry
    Standard status
    Active
    APN
    117.00-2-85
    Size
    5,542 SF
    Lot size
    2.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6157

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Oil, Radiant
    Water source
    Well

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Wood, Linoleum
    Roof type
    Asphalt, Shingle, Rolled Hot Mop
    Architectural style
    Victorian
    Additional Structures
    Guest House

    We can help!

    Listing Contact
    Rachael Hockeson

    Listing agent Rachael Hockeson

    Listing office Weichert, REALTORS The Spiesma 223 Boices Lane, Kingston, NY

    Listing date Feb 21, 2026

    MLS# 20260693 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

    • Historic lodge with potential for bed & breakfast, wedding venue, or private estate.
    • Prime Catskills location near ski resorts and hiking trails, with easy access to NYC.
    • Substantial accommodation capacity with multiple bedrooms and bathrooms.
    • Original architectural details include beautiful woodwork and a grand staircase.
    • Large 2.4‑acre parcel that has been subdivided.
    • Furnishings and contents from former lodge operations included.

    Overview

    This historic lodge property, formerly the Woodlands Lodge, is situated on approximately 2.4 acres in Round Top, New York. The expansive property offers potential for a bed & breakfast, boutique inn, wedding venue, retreat center, or private estate. The main residence features multiple levels of bedrooms and baths, showcasing original character throughout, including woodwork, pocket doors, and a grand staircase in the entry foyer. The first floor offers a prep kitchen with pantry and office area, a bar room, double parlor, a large sun-filled dining room, and an additional sitting room created from enclosed porch space. A rear staircase and separate exterior entrance provide convenient access to guest accommodations. The second floor includes five bedrooms and six bathrooms, while the third floor offers seven additional bedrooms with sinks and two full baths. A rear addition provides four more bedrooms with baths. Additional features include a laundry area and staff quarters off the kitchen. The back cottage is gutted and is approximately 1024 square feet. The property is ideally located near ski resorts, golf courses, hiking trails, and outdoor recreation, with access to the New York State Thruway. The property has been successfully subdivided, and taxes will be based on the 2.4-acre parcel. Most furnishings and contents associated with former lodge operations are included in the sale, with limited personal exclusions. The property size is 5542 square feet.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Similar Places Nearby

    • The Woodlands — 3574 County Rte 39, Round Top, NY 12473

    Map

    City
    Round Top
    County
    Greene
    State
    New York
    Longitude
    -74.029663
    Latitude
    42.270823

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    FAQs

    What type of property is this?
    Bed & breakfast - Expansive property ideal for hospitality or private estate.
    Where is this bed & breakfast located?
    The property is located at 41 County Road 39 Round Top, NY.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Historic lodge with potential for bed & breakfast, wedding venue, or private estate.; Prime Catskills location near ski resorts and hiking trails, with easy access to NYC.; Substantial accommodation capacity with multiple bedrooms and bathrooms.
    (845) 544-9636
    We can help!
    Listing Contact
    Rachael Hockeson
    Learn More
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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.

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