332 Springtown Road, New Paltz, NY, 12561
8 rooms
5 beds
4 Full baths
1972
Ranch
3,139 sqft
Calling All Investors and Farmers! An exceptional opportunity awaits at Gopal Farm. This expansive multi residence with accessory apartments offers 5 bedrooms and 4 bathrooms, perfectly situated on 45 acres of pristine organic & permaculture farmland—providing all the benefits of farm living without the operational responsibilities. The property includes two large apartments and an additional studio on the lower level, with rental income potential exceeding $4,000 per month. Previously occupied by farm staff, all units are now vacant and ready to be leased at full market value. While the main home would benefit from some updating, it offers remarkable flexibility and investment potential—ideal for multi-generational living, rental income, or a combination of both. The whole farm is now available for sale for the first time in 10 years. The property can also be subdivided into two buildable 3+ acre flag lots, each valued at approximately $200,000, helping offset the overall purchase cost. A third agricultural lot may be created and conserved for additional income. The current farmer is willing to continue leasing the farmland, offering stable rental income and property-tax benefits.
Status:
Active
Type:
Single-family residential
Garage:
1-car
Heating:
ENERGY STAR Qualified Equipment, Oil, Other
Cooling:
Ductless
Basement:
Partial
Parking:
Attached
Acreage:
45
Est. Taxes:
$14,233
Assessment
$390,000
Construction
Frame
Utilities
Electricity Available, Electricity Connected
Elementary School:
Duzine
Middle School:
New Paltz Middle School
High School:
New Paltz Senior High School
School District:
New Paltz
Days on Market:
6
Appliances:
Cooktop
MLS #:
942553
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of eXp Realty 888-276-0630