NOT LISTED FOR SALE

0 Ferris Place Ithaca, NY 14850

-- Bed
-- Bath
-- Sq Ft
5,662 Sq Ft Lot

Last Sold July 28, 2015

Last sale price $550,000

40 Days on Market

Highlights

  • Furnished
  • Forced Air Heating System
  • Laundry Facilities
  • DeWitt Middle School Rated A-
  • Baseboard Heating

About This Home

As of July 2015

Three unit income property with impressive cash flow and close proximity to the Cornell University Campus. Located on pretty and quiet side street. Current tenants consist of Cornell graduate students. Owner has made extensive capital improvements (~$100k). Gross revenues of approximately $80k. Contact listing agent for a property overview which includes a rent roll, proforma income statement, income capitalization, cash flow projections and a list of capital expenditures.

Last Agent to Sell the Property

James Orcutt, Jr.

James Orcutt Real Estate Brokerage Email: james@jamesorcutt.com License #37OR0989904 Listed on: 05/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,353

Lot Details

  • 5,662 Sq Ft Lot

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • Furnished
  • Partial Basement

Kitchen

  • Gas Oven
  • Gas Range

Laundry

  • Dryer
  • Washer

Schools

  • Belle Sherman Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 500700 68.-10-5

Community Details

Overview

  • 3 Units
  • East Hill Historic Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,353

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Water Body Name: None
  • Subdivision Name: East Hill Historic
  • Directions: Ferris Place is located b/t the 500 & 600 block of E. State Street; Color: Blue & White
  • Attribution Contact: james@jamesorcutt.com
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Partial
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt

Utilities

  • Laundry Features: Common Area
  • Heating: Electric, Gas, Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Belle Sherman
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 5662.0
  • Parcel #: 500700 68.-10-5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 15353.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2015 07/28/15 Sold $550,000 +11.1% --
06/28/2015 06/28/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $495,000 -- --
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Orcutt, Jr.

    James Orcutt Real Estate

    (607) 277-4723

    1 Total Sale

    James Orcutt, Jr.
    Section Image
See All Agents

Map

Source: Ithaca Board of REALTORS®

MLS Number: IB302072

New York Tompkins County Ithaca 14850

0 Ferris Place, Ithaca, NY

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes