260 Caniff Road

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260 Caniff Road

Freehold, NY 12431
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Freehold
  • Located at 260 Caniff Road within Greene County
  • Asset provides stable residential housing in a rural market
  • Property suits investors focusing on long-term rental income
  • Accessible location within the scenic Catskill Mountain region

What's Special

This multifamily apartment building at 260 Caniff Road in Freehold, New York, is available for sale, presenting a functional acquisition for residential investors seeking to expand their portfolio. The property serves as a stable asset within the Catskill region, benefiting from the area's steady demand for rental housing. Freehold offers a quiet, rural atmosphere while maintaining accessibility to surrounding communities and regional transit routes. The building is positioned to cater to local workforce housing needs or long-term residential tenants attracted to the scenic character of Greene County. Investors can leverage this asset to establish a foothold in a market defined by its natural landscape and consistent demand for independent living units. The structure provides a straightforward footprint suitable for efficient management and ongoing residential operations in a growing suburban and rural market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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