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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Medical Office Space
73 Serenity Hl Rd 93, Rhinebeck, NY 12572-2970
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-3100048
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1955
Total area
21,706 SF
Lot
28.26 ac (1,231,006 SF)
Zoning code
C
APN
132400 6469-00-531763-0000
UPID
US63-3100048
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Even Pne Rhinebeck Pr LLC · 3 yrs held
Even Pne Rhinebeck Pr LLC
since 2022
6 recorded transactions
Zoning & alternative use
C · Rhinebeck, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+61.7%
Auto repair, garage
$2.1M
+57.6%
Retail stores
$1.7M
+21.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rhinebeck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rhinebeck submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,360,000
Current use
RESTAURANT
$2,200,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,145,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$1,660,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,500,000
Change: +10% · Conversion: Easy
WAREHOUSE, STORAGE
$1,175,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$66 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$58,396
Tax year 2020
Assessed value
$5,059,000
Assessed 2023
Previous assessed
$4,641,000
+9.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$360,500
Assessed improvement
$4,698,500
Land market value
$360,500
Improvement market value
$4,698,500
Total market value
$5,059,000
Applied tax rate
135,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1955
Heating
STEAM
Buildings
4
Stories
2
Bathrooms
2
Total area
21,706 SF
Lot
28.26 ac (1,231,006 SF)
Zoning code
C
APN
132400 6469-00-531763-0000
UPID
US63-3100048
Jurisdiction
DUTCHESS
Zoning & alternative use
C · Rhinebeck, NY
Zoning C · permitted uses
C · Rhinebeck, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rhinebeck. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.2M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
STEAM
Stories
2
Buildings
4
Bathrooms
2
Lot
28.26 ac
Current owner
From public records · entity-resolved
Even Pne Rhinebeck Pr LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4711 GOLF RD, SKOKIE, IL 60076-1224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
$31,000,000
Even Pne Rhinebeck Pr LLC
Cornerstone Rlest LLC
Deed
—
Dec 5, 2016
—
Cornerstone Real Estate LLC
—
Deed
related
$524,255 · Webster Bk NA
Feb 15, 2008
—
Real Estate L Cornerstone
Windsor Dev Corp
Grant Deed
—
—
—
Cornerstone Real Estate LLC
—
Deed Of Trust
related
$524,255 · Webster Bk NA
—
—
Cornerstone Real Estate LLC
—
Loan Modification
related
$524,255 · Webster Bk NA
—
—
Cornerstone Real Estate LLC
—
Deed Of Trust
related
$3,129,179 · Flushing Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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