#H6311954, Listing Office: Rhulen Realty Group LLC
5 Plank Rd Mongaup Valley, NY 12762
Property details
About 5 Plank Rd
Exceptional Multiple Home Investment Opportunity in Mongaup Valley, NY Discover an incredible commercial offering in the heart of Mongaup Valley, New York — a unique multiple home property ideal for investors, developers, or those seeking to create a lucrative rental portfolio. This expansive listing includes several freestanding homes, each offering distinct layouts, character, and potential for a variety of uses. Property Highlights: Prime Location: Nestled in the scenic Catskills region, just minutes from Bethel Woods Center for the Arts, Resorts World Catskills, and the charming towns of Monticello and White Lake. Multiple Residences: The property features 2 residential homes, all set on spacious grounds with mature trees, privacy, and natural beauty. Versatile Investment: Perfect for short-term rentals (Airbnb/VRBO), seasonal retreats, multi-family housing, or a live-work compound. Commercial Zoning: Offers potential for mixed-use applications, hospitality, wellness retreat, or small business operations. Infrastructure in Place: Each home is equipped with essential utilities, and many offer recent updates including roofing, heating, and appliances. Outdoor Amenities: Plenty of open space for recreation, gardens, or potential expansion. Ample parking for residents and guests. Whether you're looking to capitalize on the booming Catskills rental market or create a unique hospitality experience, this one-of-a-kind property in Mongaup Valley delivers endless possibilities and strong income potential. Schedule your private tour today and explore the opportunities this versatile, income-generating property has to offer.
Highlights
Summary
- MLS Number: 829791
- MLS Name: ONEKEY2
- Office Name: Rhulen Realty Group LLC
- Office Phone: (845) 794-8000
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 3/6/2025, 10:56:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
5 Plank Rd
$5,344
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $144,500 | $7,612 |
2022 | $144,500 | $7,612 |
2021 | $144,500 | $7,612 |
2020 | $144,500 | $7,010 |
2019 | $144,500 | $7,808 |
2018 | $144,500 | $11,701 |
2017 | $144,500 | $11,502 |
History based on county public records data.
Nearby schools
3
Kenneth L Rutherford School
Public District 3-5
4.7 mi
•26 Patricia Pl
3
Liberty Elementary School
Public District PK-4
9.6 mi
•201 N Main St
3
Benjamin Cosor Elementary School
Public District PK-6
10.4 mi
•15 Old Falls Rd
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 $46,686. Most Mongaup Valley, NY residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 5 Plank Rd
This home is located at 5 Plank Rd in Mongaup Valley, NY and zip code 12762. This 4,286 square foot home, which was built in 1800, sits on a 1.40 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $450,000.
The inventory of homes for sale in Mongaup Valley, NY between January and February 2025 decreased by 20%. The median list price of listings available in February 2025 was $287,000, while the average time on the real estate market was 179 days.