39 Hornbeck Ln · Stone Ridge, NY 12404

$995,000

2 bd · 2.0 ba · 1,505 sqft · SingleFamily public records · 243 Days on market

Built 1994 4.30 ac lot $661/sqft · 32% above area Est $1065k · 7% under

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +10.4/15.0
• Schools +4.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Cash flow +0.5/30.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

Key facts

• Primary suite
• 4.3 acre lot
• Built 1994

Tags

• PRIVATE WOODLAND SETTING
• GLASS AND STEEL RESIDENCE
• TWO STORY GLASS CURTAIN WALL
• VARENNA POLIFORM KITCHEN
• WITTUS TRENDLINE WOOD STOVE
• PRIMARY SUITE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $995k.

Deal economics

• At list price, monthly cash flow is $-4k ($-52k/yr) — negative.
• To cash-flow at today's rent, offer at most $339k (65.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $343k (65.6% below list).
• Recommended offer: $339k (65.9% below list) — sets the bar for cash-flow.
• Cap rate 1.1% vs local median 2.1% in Stone Ridge — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 59/100 on livability (#1,034 in NY) — a working-class tenant base; expect higher turnover. Strengths: crime A+, housing A-; Watch: employment C-, amenities F, commute F.
• Rondout Valley Central School District (rural): math 39% / reading 51% proficiency, ranked #447 of 590 in NY (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 41 active listings in the ZIP; 464 units permitted in Ulster County in 2024 (170 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $7k of loan paydown is wiped out by about $30k of value loss. Plan a longer hold.
• Ulster County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 243 days — a 12% lower offer ($876k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $339,397 (65.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 243 days. Have you received any prior offers? Is the seller open to a 66% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.34% ✗
• Cap rate: 1.06%
• Cash-on-cash: -18.70%
• DSCR: 0.17
• GRM: 24.2

CMA / ARV

• ARV (median comp): $1,064,571
• List price: $995,000
• Delta: -6.54%
• Verdict: FAIR
• Comps: 8 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
367 County Rt. 2	0.23mi	2/1.5	1,643 (+9%)	19mo	$817,000	$497	56
478 Krumville Rd	0.44mi	2/1.5	1,348 (-10%)	9mo	$600,000	$445	52
478 County Route 2	0.45mi	2/1.5	1,348 (-10%)	9mo	$600,000	$445	52
452 County Rt 2	0.36mi	3/1.0 (+1)	1,339 (-11%)	5mo	$385,000	$288	51
105 Cherry Hill Rd	0.30mi	3/3.0 (+1)	1,680 (+12%)	16mo	$1,075,000	$640	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -54.2%
• Equity multiple: -0.57×
• Total profit: $-437,545
• Equity at exit: $148,358

10-year hold

• IRR: —
• Equity multiple: -1.64×
• Total profit: $-736,368
• Equity at exit: $86,029

Cash invested: $278,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 12404

• Home prices YoY: -11.9%
• Active inventory: 41
• Price-to-rent: 24.2×

Monthly cashflow live

• Estimated rent: $3,425 medium
• Mortgage (P&I): −$5,218
• Tax from tax record: −$1,414 /mo · $16,970/yr
• Insurance: −$415
• HOA: −$0
• Vacancy / Maint / Mgmt: −$719
• Net cashflow: $-4,341

Break-even live

Break-even rent $8,920

Max offer price $339,397

Occupancy floor —

Sensitivity live

Price	-10% $-3,778	-5% $-4,059	+0% $-4,341	+5% $-4,622	+10% $-4,904
Rent	-10% $-4,611	-5% $-4,476	+0% $-4,341	+5% $-4,206	+10% $-4,070
Rate	-1.0pp $-3,840	-0.5pp $-4,088	base $-4,341	+0.5pp $-4,599	+1.0pp $-4,861

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $248,750
• Closing costs: $29,850
• Reserves months: —
• Total cash needed: —

Listing history 46 events

1. 2026-06-21
   days on market $995,000 Active 243 DOM
2. 2026-06-19
   days on market $995,000 Active 241 DOM
3. 2026-06-18
   days on market $995,000 Active 240 DOM
4. 2026-06-17
   days on market $995,000 Active 239 DOM
5. 2026-06-16
   days on market $995,000 Active 238 DOM
6. 2026-06-15
   days on market $995,000 Active 237 DOM
7. 2026-06-14
   days on market $995,000 Active 235 DOM
8. 2026-06-12
   days on market $995,000 Active 234 DOM
9. 2026-06-09
   days on market $995,000 Active 231 DOM
10. 2026-06-08
    days on market $995,000 Active 230 DOM
11. 2026-06-07
    days on market $995,000 Active 229 DOM
12. 2026-06-03
    days on market $995,000 Active 225 DOM
13. 2026-06-02
    days on market $995,000 Active 224 DOM
14. 2026-06-01
    days on market $995,000 Active 223 DOM
15. 2026-05-31
    days on market $995,000 Active 222 DOM
16. 2026-05-30
    days on market $995,000 Active 221 DOM
17. 2026-05-18
    status Active 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

18. 2026-05-18
    historical 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

19. 2026-05-08
    status Active 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

20. 2026-05-07
    historical 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

21. 2026-04-21
    listed $995,000 Active 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

22. 2026-04-20
    soldstatus Closed 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

23. 2026-02-17
    price $995,000 1669-char remark

    Show marketing remark (1674 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston’s galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

24. 2026-02-17
    price $995,000 1674-char remark

    Show marketing remark (1674 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston’s galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

25. 2025-12-10
    listed $1,195,000 Active 1669-char remark

    Show marketing remark (1669 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston's galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

26. 2025-10-21
    listed $1,195,000 Active 1674-char remark

    Show marketing remark (1674 chars)

    Modern Loft Living in a Private Woodland Setting This striking glass and steel residence rises from the woods like a piece of sculpture, pairing industrial structure with natural form. Built in 1994 and inspired by Brutalist design, it combines a steel framework, concrete foundation, and log-stack cladding—an unexpected fusion of raw geometry and organic warmth. A soaring two-story glass curtain wall anchors the facade, flooding the interiors with light and blurring the line between architecture and landscape. Inside, a three-story steel and concrete staircase connects open living spaces with exposed beams, maple flooring, and clean industrial detailing. The Varenna-Poliform kitchen with Sub-Zero, Bosch, and Boffi fixtures sits at the core, overlooking the living area centered on a Wittus Trendline-2 wood stove. Upstairs, the primary suite features Ann Sacks limestone finishes, a deep soaking tub, and skylights as well as an additional bedroom; the lower level offers a flexible studio or guest suite opening to a stone patio and hot tub. Set on 4.3 wooded acres framed by ancient stone walls, forest, and western views toward Mohonk and the Shawangunk Ridge, the property offers complete privacy while remaining minutes from Stone Ridge, High Falls, and Accord. Nearby highlights include Inness, Arrowood Farms, and Westwind Orchard for dining and live music, as well as Mohonk Preserve and Minnewaska State Park for world-class hiking, climbing, and mountain biking. Kingston’s galleries, markets, and restaurants are a short drive away. Less than two hours from New York City, this is modern architecture, deeply connected to its surroundings.

27. 2025-09-16
    historical
28. 2025-04-15
    status Active
29. 2025-04-13
    status Under Contract
30. 2025-02-06
    listed $1,295,000 Active
31. 2025-01-29
    listed $1,295,000 Active
32. 2024-10-07
    listed $1,375,000 Active
33. 2023-09-07
    listed $1,395,000 Active
34. 2022-02-08
    status Pending
35. 2022-01-31
    soldstatus $1,125,000
36. 2022-01-27
    soldstatus $1,125,000 Closed
37. 2022-01-26
    soldstatus $1,125,000 Sold
38. 2021-11-27
    status Pending (Fully Executed Contract)
39. 2021-11-16
    status Pending (Continue To Show)
40. 2021-11-11
    listed $1,100,000 Active
41. 2021-11-10
    listed $1,100,000 Active
42. 2018-11-01
    soldstatus $533,460
43. 2018-10-22
    soldstatus $533,460
44. 2018-07-12
    listed $549,000
45. 1999-06-07
    soldstatus $245,500
46. 1989-10-05
    soldstatus $55,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $16,970 · $1,414/mo
• Projected year-2 tax: $16,970 · $1,414/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 5 d/yr ≥99°F today · 11 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,101
• − Mortgage interest: −$55,735
• − Property taxes: −$16,970
• − Insurance: −$4,975
• − Repairs & maintenance: −$3,288
• − Management: −$3,288
• − Depreciation: −$28,945
• Taxable loss: −$72,101
• Est. tax savings @ 24.0%: +$17,304
• After-tax cash flow: $-34,785/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Rondout Valley Central School District
• NCES district ID: 3624960
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 51% ▲ 5.00%
• Median HH income: $59,408
• Composite: 39.5/100
• National rank: #3949
• State rank: #447 of 590 in NY

Livability — Stone Ridge

• Score: 59/100
• State rank: #1034
• US rank: #20461

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment C- Housing A- Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,046

Population outlook (Ulster County) Hauer SSP2

• Today (2025): 175,887 people
• By 2030: 171,876 · -2.3%
• By 2040: 161,771 · -8.0%
• By 2050: 151,470 · -13.9%
• By 2075: 133,023 · -24.4%
• By 2100: 113,504 · -35.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 11% Hispanic / Latino 8%
• Hispanic origin (detail): Puerto Rican 5% Cuban 3%
• Common ancestry: Iranian 4% Lithuanian 3% Romanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 95% English-only · Spanish 4% Arabic 1% German/W. Germanic 1%

Political lean MEDSL · Ulster

• 2024 margin: D (+18.7) · D 59.3% · R 40.7%
• 2008→2024 swing: -4.9pp toward R · 2008: 23.6pp · 2024: 18.7pp
• All cycles: 2024: D+18.7 2020: D+20.9 2016: D+9.1 2012: D+21.9 2008: D+23.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -46.90%
• Current HPI: 345.6723
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+1709.1% since first listed

30 events — show timeline

• 2026-05-18 Relisted — HVCRMLS
• 2026-05-18 Delisted — HVCRMLS
• 2026-05-08 Relisted — HVCRMLS
• 2026-05-07 Delisted — HVCRMLS
• 2026-04-21 Listed $995,000 HVCRMLS
• 2026-04-20 Sold (MLS) — HVCRMLS
• 2026-02-17 Price Changed $995,000 HVCRMLS
• 2026-02-17 Price Changed $995,000 OneKey® MLS as Distributed by MLS Grid
• 2025-12-10 Listed $1,195,000 HVCRMLS
• 2025-10-21 Listed $1,195,000 OneKey® MLS as Distributed by MLS Grid
• 2025-09-16 Listing Removed — Smart MLS
• 2025-04-15 Relisted — Smart MLS
• 2025-04-13 Pending — Smart MLS
• 2025-02-06 Listed $1,295,000 Smart MLS
• 2025-01-29 Listed $1,295,000 HVCRMLS
• 2024-10-07 Listed $1,375,000 HVCRMLS
• 2023-09-07 Listed $1,395,000 HVCRMLS
• 2022-02-08 Pending — OneKey® MLS as Distributed by MLS Grid
• 2022-01-31 Sold (Public Records) $1,125,000 Public Records
• 2022-01-27 Sold (MLS) $1,125,000 OneKey® MLS as Distributed by MLS Grid
• 2022-01-26 Sold (MLS) $1,125,000 HVCRMLS
• 2021-11-27 Pending — HVCRMLS
• 2021-11-16 Pending — HVCRMLS
• 2021-11-11 Listed $1,100,000 OneKey® MLS as Distributed by MLS Grid
• 2021-11-10 Listed $1,100,000 HVCRMLS
• 2018-11-01 Sold (Public Records) $533,460 Public Records
• 2018-10-22 Sold (MLS) $533,460 HVCRMLS
• 2018-07-12 Listed $549,000 HVCRMLS
• 1999-06-07 Sold (Public Records) $245,500 Public Records
• 1989-10-05 Sold (Public Records) $55,000 Public Records

Property tax history

+6.5%/yr

Latest (2025): $16,970 · -0.3% YoY. Source: county tax records.