1 Overlook Dr Warwick, NY 10990-1806
Property profile & analytics
1 Overlook Dr Warwick, NY 10990-1806
- Motels
- 6,360 SF
- 0.71 lot acres
Property ID
US63-5884988
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Hamlet Inn at Warwick / Hotel & Motel
Property Details for 1 Overlook Dr
- Year built
- 1964
- Lot size
- 0.71 lot acres
- Property size
- 6,360 SF
- Zone code
- 401
- Property type
- Motels
- APN
- 335405 214-9-2
- APU
- 33540521492
Description
This exceptional investment opportunity presents the Hamlet Inn, a thriving 18-room motel situated in the vibrant Village of Warwick, NY. Boasting a prime location in an area renowned for its year-round appeal to tourists, the property benefits from a consistent stream of visitors drawn to the region's diverse attractions. These include live music concerts, arts and entertainment venues, wineries, shopping, farm markets, and seasonal activities such as Octoberfest, skiing, and snowboarding. The motel itself comprises a diverse range of accommodations, including one triple king suite, three double suites, and thirteen single suites. One single suite is handicap-accessible, and three are pet-friendly, catering to a broad range of guests. Adding to the property's income potential is a manager's studio apartment, providing on-site management convenience. Furthermore, a charming two-family residence is included, offering additional rental income streams. Each of the two units in this residence features two bedrooms and two bathrooms. The top-floor unit currently commands a monthly rent of $2200, while the bottom unit is projected to generate $1800 per month in rental income. The entire property sits on a 0.71-acre lot and encompasses 9,264 square feet of space. This turnkey operation presents a rare chance to acquire a well-established and profitable business in a desirable location. The asking price is $2,500,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,595,000
- ML approach
- $1,675,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Warwick
- County
- Orange
- State
- New York
- Longitude
- -74.3521
- Latitude
- 41.2501
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$23,600
$80,400
$104,000
-
$255,130
$869,170
$1,124,300
