Single Family House in Ulster County
| MLS Number | 942553 |
|---|---|
| Address | 332 Springtown Road, New Paltz, NY 12561 show map |
| Price | $975,000 show mortgage calculator |
| Acres | 45 |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Year Built | 1972 |
| Est. Sq. Footage | 3139 |
| Elementary School | Duzine |
| Jr High-Middle School | New Paltz Middle School |
| High School | New Paltz Senior High School |
| Estimated Taxes | $14,233 |
| HOA Fees | |
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Calling All Investors, Farmers, and Families! An exceptional opportunity awaits at Gopal Farm. This expansive single-family 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.
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