# 1 Royal Acres Drive, Middletown, NY 10940

> **TL;DR:** residential multi family, $1,298,800, built 1945.
> Waterfront. Est. $5,628/mo. Listed 96 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,298,800 |
| Year Built | 1945 |
| Lot Size | 1,568,160 sqft (36.00 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 96 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,628 |
| **Total** | **$5,628** |

## Nearby Schools

- **Elementary:** Otisville Elementary School
- **Middle:** Minisink Valley Middle School
- **High:** Minisink Valley High School

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1945
- 36.00 acre lot
- 2 stories
- Waterfront

## Description

### Agent Description
One-of-a-kind 7-building residential rental property with 36 acres of land in the town of Mount Hope for sale. All 7 buildings have been updated, and some are still undergoing further renovations. Some of the units were used intermittently for Airbnb, while others have been rented out permanently as yearly rental units. The main house is 2,152 square feet with at least 2-3 bedrooms. Unit 2 is 1,772 square feet with 2 bedrooms. The remaining units are all 1-bedroom units. The annual income is $322,000 based on yearly rentals, with significantly higher earnings through Airbnb rentals from before. There is a pond and a large, old barn on the property. The rear of the property offers plenty of land that can be utilized. The surrounding area consists of single-family residential properties. This property is grandfathered as a residential-commercial property. It is located in a quiet and desirable MiniSink School District, not far from shopping and highways. The CAP rate is around 7% with the current $1.3MM sales price.

## Location

- **Address:** 1 Royal Acres Drive, Middletown, NY 10940
- **County:** Orange County
- **Coordinates:** 41.469728, -74.48667
- **Google Maps:** https://www.google.com/maps?q=41.469728,-74.48667

## Listing Agent

- **Name:** Jonathon Z. Lee
- **Brokerage:** Keller Williams Hudson Valley
- **Phone:** 9177476688
- **Email:** jonlee@kw.com

## Primary Photo

![1 Royal Acres Drive - Primary Photo](http://lh.rdcpix.com/1c8a4511d3a8fd7b3e31b42483245250l-f3652124906r.jpg)

*48 total photos available on [listing page](https://www.propertysimple.com/listing/1-royal-acres-drive-middletown-ny-10940-y947946)*

---

**MLS#:** 947946 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1-royal-acres-drive-middletown-ny-10940-y947946)

---

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