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Rare investment opportunity in Woodstock: a collection of five unique cottages on six wooded acres located just minutes from the Village's vibrant shops, dining, and nightlife. Each home boasts a distinct personality and peaceful forest views, and all five have been successfully rented with a combination of short- and long-term tenants. Possibilities include renting all five cottages or living in one while renting the other four. Another option is to create a warm and inviting 5-cottage compound for group living. Imagine enjoying the Woodstock lifestyle with loved ones just a door-knock away. For a writer, artist, or home-business owner, perhaps one or more of the cottages could be used as a studio or office separate from home. Cottage 1 is a delightful two bedroom/one bath with a fireplace and Craftsman kitchen. Cottage 2, with one bed and one bath, was reimagined and fully renovated in 2024. Cottage 3 is peak contemporary treehouse: a stunning two bedroom/two bath, featuring dramatic windows, balcony, and fireplace, with a spiral staircase up to the primary bedroom. Bright and airy Cottage 4 is a cheerful one bedroom/two bath that is wheelchair-accessible. The first thing you'll notice about Cottage 5 is the cool roofline with a clerestory that fills the living area with light. When not relaxing at home, there's plenty to do in the area: hiking, swimming, skiing, listening to live music, visiting art galleries and antique shops, dining and shopping in Woodstock and beyond. The bus from NYC stops near Woodstock's Village Green. Amtrak is across the Hudson in the hamlet of Rhinecliff. NYC's George Washington Bridge is about 100 miles away. The short-term rental license conveys. The 2025 cap rate with all cottages rented (either short-term or long-term) was 7%, and for 2024 it was closer to 10%. Financials and rental history are available. If you're seeking an investment property, live-work dream spot, or sweet group compound in Woodstock, consider viewing this fantastic 6-acre, 5-cottage property in beautiful, famous, ever-inspiring Woodstock.
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Our Executive Mortgage Banker:
$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,359 | $1,359 | $1,359 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,062 | $9,697 | $13,468 |
| Total Monthly Payment | $10,546 | $11,181 | $14,952 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.