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375 Blumel Rd, Middletown, NY, 10941

4beds
4baths
5,600sqft
$1,590,000
$284price/sqft
$12,146/moest. monthly cost
$485,840/yrincome needed

About This Home

Located at 375 Blumel Road in Scotchtown, New York, this exceptional historic multi-family investment property offers a rare opportunity to own a fully restored income-producing asset in the heart of Orange County in New York's Hudson Valley. Originally constructed in 1787 and completely renovated in 2024, the property combines historic architecture with modern upgrades and strong income potential. The building spans approximately 5,600 square feet and features four renovated residential units, each thoughtfully designed with updated kitchens, modern bathrooms, and high-quality finishes while preserving the character of the original structure. Situated on 1.66 acres, the property provides a unique setting with generous parking, open space, and attractive curb appeal while remaining conveniently located near Route 17, Interstate 84, Middletown, and major commuter routes throughout Orange County and the Hudson Valley. In addition to the residential apartments, the property includes five rentable garage units, creating an additional income stream and increasing the overall versatility of the asset. These conditioned garage spaces can be used for storage, hobby space, workshops, or small business uses, making them highly attractive to tenants seeking flexible workspace or vehicle storage. Following the extensive 2024 renovation, the property offers a turnkey opportunity for investors seeking a multi-family rental property in Orange County NY, with modernized interiors, improved systems, and strong long-term income potential. With its combination of historic charm, modern renovation, multiple income streams, and prime Hudson Valley location, this property presents an outstanding opportunity for investors, 1031 exchange buyers, or those seeking a unique income-producing property in Scotchtown, NY. Financials available upon request.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

5/10
6/10
6/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Architectural style: Farm / Farmhouse
  • Property subType: Multi Family,Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Microwave,Oven,Washer,Stainless Steel Appliances

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood
  • Finished area above ground: 5,600

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 5,600
  • Total interior livable area: 5,600 sqft

Property

Accessibility

  • Accessibility features: Handicap

Details

  • Parcel number: 3352002411732
  • Lease amount: 0

Features

  • Stories: 2
  • Frontage length: 0

Lot

  • Features: Corner,Trees,Near Bus,Near Train

Parking

  • Total spaces: 5
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Orange County and New York

Fire
Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,039$96,468
Home Insurance *$506$6,072
Property Taxes $2,676$32,112
Electricity $925$11,105
Total$12,146$145,752
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$416,434/yr
40% on housing$364,380/yr
45% on housing$323,893/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -1.9%
-1.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$284This listing

vs Other Active Listings

Avg $/sqft

ZIP 10941$292
Orange County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 10941$233
Orange County$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listing removed$2,650
2026-03-18Listed for rent$2,650
2026-03-05Listed for sale$1,590,000
2025-11-30Listing removed$2,500
2025-10-18Price change$2,500
2025-10-16Listed for rent$2,600
2021-04-06Sold$120,000

New Construction

AgentKeegan Rehill
BrokerageZORA REI

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