16 Fording Place Rd Lake Katrine, NY 12449
Property details
About 16 Fording Place Rd
Discover an exceptional investment opportunity with this recently renovated and well maintained 4-unit building, perfectly positioned to generate steady rental income with a CAP rate at 8. Nestled on a lovely 0.60-acre lot, this custom 4 unit home sits atop a full, poured concrete foundation allowing for the possibility of additional rental income from the storage space below. This property features three spacious 2-bedroom units and one 1-bedroom unit, thoughtfully designed for accessibility. Each 830 sq. ft. apartment boasts its own high-efficiency boiler, hot water heater, washer/dryer, and air conditioner—ensuring comfort and independence for every tenant. Step outside to a serene backyard oasis—the lower-level units enjoy a covered porch, while the upper units feature private balconies with mountain views. The full basement includes two garage bays and four private storage rooms, while the paved driveway offers ample off-street parking for each tenant. This Lake Katrine gem is conveniently located within 15 minutes of Saugerties, Woodstock, and Rhinebeck and only 5 minutes from all the amenities of the town of Ulster. With a strong rental history and room for growth, this property presents an incredible turnkey investment in a highly desirable area.
Highlights
Summary
- Appliances: Refrigerator, Range, Dishwasher
- Basement: Yes
- Flooring Type: Ceramic Tile, Laminate
- Interior: Entrance Foyer, Storage
- Total Bedroom Count: 7
- Parking: Private, Shared Driveway, Paved, Off Street, Driveway, Additional Parking
- Exterior: Balcony, Lighting, Private Yard
- Architectural Style: Colonial, Other
- Heating: Baseboard, Hot Water, Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $875,000
- Price/SqFt: $244
- Annual Tax Amount: $2,990
- Tax Year: 2022
- Lot: Back Yard, Front Yard, Landscaped
- Directions: Neighborhood Rd. to Fording Place Rd. House on Right side (No sign)
- Year Built: 1989
- Living Area: 3,584 SqFt
- Lot Size: 0.6 Acres
- MLS Number: 20250404
- MLS Name: UlsterCounty
- Office Name: Howard Hanna Rand Realty
- Office Phone: (845) 338-5252
- Listing Agent: Rodney Batista
Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/16/2025, 9:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$875,000
16 Fording Place Rd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 02, 2024 | Home Sold | $695,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $150,800 | $- |
| 2022 | $150,800 | $2,990 |
| 2021 | $150,800 | $2,990 |
| 2020 | $150,800 | $2,990 |
| 2019 | $150,800 | $8,849 |
| 2018 | $150,800 | $8,679 |
| 2017 | $150,800 | $8,518 |
History based on county public records data.
Nearby schools
7
E R Crosby Elementary School
Public District KG-4
0.1 mi
•767 Neighborhood Rd
2
Chambers School
Public District KG-4
1.6 mi
•945 Morton Blvd
4
Harry L Edson School
Public District KG-4
3.7 mi
•116 Merilina Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,061. The most common annual income of people living in Lake Katrine, NY is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
Pro Wrestling
Where do the neighbors shop?
Kmart
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Arbys
What do the neighbors drive?
Buick
Lincoln
Ford
What do the neighbors listen to?
Oldies
News/Talk/Information
New Country
Frequently asked questions
About 16 Fording Place Rd
The listing price of 16 Fording Place Rd property is $875,000.
The property 16 Fording Place Rd is a multi located in Lake Katrine, New York, 12449.
Active Listing: 16 Fording Place Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16 Fording Place Rd are: E R Crosby Elementary School (GreatSchools Rating 7/10), Chambers School (GreatSchools Rating 2/10), Harry L Edson School (GreatSchools Rating 4/10), M Clifford Miller Middle School (GreatSchools Rating 3/10), J Watson Bailey Middle School (GreatSchools Rating 3/10), Linden Avenue Middle School (GreatSchools Rating 6/10), Kingston High School (GreatSchools Rating 4/10), Red Hook Senior High School (GreatSchools Rating 7/10), Rhinebeck Senior High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2022 is $2,990 (source: MLS/based on county public records data).
The last sale was on August 2, 2024 for $695,000 (source: MLS/tax record).
The property 16 Fording Place Rd is 3,584 SqFt (source: MLS/tax record).
The year of construction for 16 Fording Place Rd is 1989.
This home is located at 16 Fording Place Rd in Lake Katrine, NY and zip code 12449. This 3,584 square foot home, which was built in 1989, sits on a 0.60 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $875,000.