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Ulster County/Olivebridge/12461

12461

ZIPSAFMR
Ulster County, NY
Zillow

ZIP Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$1,920$1,920
1 BR$2,110$2,110
2 BR$2,760$2,760
3 BR$3,350$3,350
4 BR$3,630$3,630
5 BR$4,175Not available
6 BR$4,801Not available
7 BR$5,521Not available
8 BR$6,349Not available

Purchase Price Calculator

Maximum purchase price
$348,218

Cost breakdown

+Likely effective rent$2,760
HUD FMRUsed$2,760
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,761
Loan amount$278,575
Down payment$69,644
Rate6.50%
Term30 years
-Operating costs-$799
Property taxes-$348
Insurance-$175
Utilities$0
HOA$0
Management-$276
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,955(63.1% ROI)
Projected value
$374,993
Return breakdown
Property appreciation+$26,775
Loan principal paid down+$9,981
Rental cash flow+$7,200
5-year hold
+$75,557(108.5% ROI)
Projected value
$393,977
Return breakdown
Property appreciation+$45,759
Loan principal paid down+$17,798
Rental cash flow+$12,000
10-year hold
+$163,940(235.4% ROI)
Projected value
$445,749
Return breakdown
Property appreciation+$97,531
Loan principal paid down+$42,410
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 12461 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 12461 (Olivebridge, NY) is $2,760 a month. That is up 70.4% from $1,620 in FY 2026. Olivebridge is in the Kingston, NY MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,878. Among 69 ZIP codes in Ulster County, 12461 has the 2nd-highest two-bedroom rent (county range $1,640–$2,820). The median county two-bedroom FMR in New York is $1,385, so ZIP 12461 is 99% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 12461
BedroomsFY 2027Change90–110% range
Studio$1,920+54.8%$1,728–$2,112
1BR$2,110+70.2%$1,899–$2,321
2BR$2,760+70.4%$2,484–$3,036
3BR$3,350+62.6%$3,015–$3,685
4BR$3,630+63.5%$3,267–$3,993

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 12461
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,920$2,110$2,760$3,350$3,630
FY 2026$1,240$1,240$1,620$2,060$2,220
FY 2025$1,160$1,180$1,540$1,980$2,220
FY 2024$1,170$1,190$1,550$2,000$2,240
FY 2023$850$960$1,230$1,620$1,820

Two-bedroom rent in nearby Ulster County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 12461
12453$1,690−38.8%
12455$1,640−40.6%
12456$1,690−38.8%
12457$2,050−25.7%
12458$1,640−40.6%
12461Current$2,760—
12463$1,640−40.6%
12464$1,640−40.6%
12465$1,880−31.9%
12466$2,330−15.6%
12471$2,070−25.0%
12472$1,640−40.6%

Questions about ZIP 12461 rents

How much will Section 8 pay for a two-bedroom in ZIP 12461?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,878, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,690 to $2,066 a month; under the ZIP-level Small Area FMR of $2,760 it would be $2,484 to $3,036. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 12461 in?

ZIP 12461 is in the Kingston, NY MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,878.

How much did fair market rent change in ZIP 12461 for FY 2027?

The two-bedroom FMR rose 70.4%, from $1,620 in FY 2026 to $2,760 in FY 2027. Since FY 2023 it has risen 124.4%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentOlivebridge, NY fair market rentNY statewide rentsWhat is SAFMR?Data sources