A smart 4 family investment awaits you in the quaint Hamlet of Shokan in the town of Olive. Less than 20 minutes to the NYS thruway, this manageable building has rent that's below average especially considering that heat and electric are also included. This building easily maintains its occupied status year round. With almost an acre of land surrounding the house there is plenty of room for tenants to enjoy the outdoors. Each tenant has their own off street parking space for 2 cars which is maintained in the winter by the tenants. All units have had recent upgrades with fresh paint, new carpet, polished hardwood flooring, ceramic tiles, kitchen cabinets and some counter tops. This home is in close proximity to shopping, the reservoir, Woodstock and Phoenicia. Enjoy hiking, skiing, and fishing in the mountains or take a walk or bike ride on the Ashokan Rail Trail only 200 yards across the street. Great opportunity for any novice or seasoned investor.
Multi-familyProperty Type
0.94 acresLot Size
$93Est. Price/Sq.Ft.
Listing by Rodney Batista• Howard Hanna Rand Realty
Bought with NON MLS OFFICE• Anderson Agency
Source:HVCRMLS #20202881
Redfin Estimate
$456,584
$32K since sold in January 2025
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5% lower than the average sale price ($481K) of 6 comparable homes.
A smart 4 family investment awaits you in the quaint Hamlet of Shokan in the town of Olive. Less than 20 minutes to the NYS thruway, this manageable building has rent that's below average especially considering that heat and electric are also included. This building easily maintains its occupied status year round. With almost an acre of land surrounding the house there is plenty of room for tenants to enjoy the outdoors. Each tenant has their own off street parking space for 2 cars which is maintained in the winter by the tenants. All units have had recent upgrades with fresh paint, new carpet, polished hardwood flooring, ceramic tiles, kitchen cabinets and some counter tops. This home is in close proximity to shopping, the reservoir, Woodstock and Phoenicia. Enjoy hiking, skiing, and fishing in the mountains or take a walk or bike ride on the Ashokan Rail Trail only 200 yards across the street. Great opportunity for any novice or seasoned investor.
HVCRMLS #20194765
Nov 5, 2019
Listed
$345,900
$70/sq ft
HVCRMLS #20066135
Oct 11, 2007
Sold
$256,000
$52/sq ft
Nov 12, 2006
Listed
$269,000
$55/sq ft
Public Records
Nov 7, 2003
Sold
$275,000
$56/sq ft
Public Records
Feb 9, 1979
Sold
$60,000
$12/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,425 (−6.5%)
$55,900 + $302,300
$358,200
2024
$4,732 (+3.9%)
$55,900 + $255,600
$311,500
2023
$4,553 (+19.2%)
$55,900 + $255,600
$311,500
2022
$3,819 (−17.2%)
$55,900 + $193,600
$249,500
2021
$4,614 (−4.8%)
$55,900 + $193,600
$249,500
2020
$4,846 (−1.4%)
$55,900 + $193,600
$249,500
2019
$4,917
$55,900 + $193,600
$249,500
2018
$4,921 (+0.9%)
$55,900 + $193,600
$249,500
2017
$4,876 (+0.4%)
$55,900 + $193,600
$249,500
2016
$4,857
$55,900 + $193,600
$249,500
2015
$4,862 (+0.6%)
$55,900 + $193,600
$249,500
2014
$4,833
$55,900 + $193,600
$249,500
Tax history for 15 Mountain Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,425 (−6.5%)
$55,900 + $302,300
$358,200
2024
$4,732 (+3.9%)
$55,900 + $255,600
$311,500
2023
$4,553 (+19.2%)
$55,900 + $255,600
$311,500
2022
$3,819 (−17.2%)
$55,900 + $193,600
$249,500
2021
$4,614 (−4.8%)
$55,900 + $193,600
$249,500
2020
$4,846 (−1.4%)
$55,900 + $193,600
$249,500
2019
$4,917
$55,900 + $193,600
$249,500
2018
$4,921 (+0.9%)
$55,900 + $193,600
$249,500
2017
$4,876 (+0.4%)
$55,900 + $193,600
$249,500
2016
$4,857
$55,900 + $193,600
$249,500
2015
$4,862 (+0.6%)
$55,900 + $193,600
$249,500
2014
$4,833
$55,900 + $193,600
$249,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Heating & Cooling
Heating Fuel Type: Electric
Exterior
Exterior Information
Physical Condition: Average
Building Type: Apartment
Property Information
Building Sq. Ft: 4,928
# of Units: 4
Lot Information
# of Buildings: 1
Land Sq. Ft: 40,946
Legal Lot Number: 21
Legal Block Number: 2
Municipality Name: OLIVE
Acres: 0.94
Depth Footage: 174
Front Footage: 243
Zoning Code: 02
State Use Description: APARTMENTS
Utility Information
Sewer Type: Private
Water Service Type: Private
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,928
Stories: —
Lot Size: 0.94 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Ulster County
APN: 514000A03701800020210000000
Home facts updated by county records on Oct 21, 2026
Around this home
Schools
Some nearby schools may not be within this home's attendance zone. Please check the Onteora Central School District website to verify.
Reginald Bennett Elementary School
Public K-5 • 4.3mi
8/10
Onteora Middle School
Public 6-8 • 4.3mi
9/10
Onteora High School
Public 9-12 • 4.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Shokan, NY • 12481
Average low and high temperatures (°F)
27
13
31
15
47
26
57
36
63
45
74
55
78
61
75
54
71
50
60
41
46
31
31
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.