NOT LISTED FOR SALE

1 Richardson Ct Thompson, NY 12701

2 Beds
3 Baths
30,000 Sq Ft
3.66 Acres

Last Sold January 23, 2018

Last sale price $2,900,000 $97 Per Sq Ft

167 Days on Market

Highlights

  • 3.66 Acre Lot
  • Property is near public transit
  • Cul-De-Sac
  • Deck
  • Balcony
  • Walk-In Closet

About This Home

As of January 2018

There are currently 25 townhouse style apartments spread across 5 buildings. All townhouses are rented and tenants pay their own utilities. New windows on all units were installed recently. Central air/heat systems newer. All units in good shape. Professional Appraisal report from last year available. $1.5 mil assumable loan on property. No personal guaranty necessary. This is an excellent opportunity for a great income producing property, great location in the heart of the Village of Monticello. Monticello is experiencing lots of growth, with Montreign Casino project, a $1.5 billion resort complex nearing completion (few miles away). Adjourning parcel with opportunity to build 100+ units available as well (MLS 4712182)

Last Agent to Sell the Property

Dan Gilbert

Brick and Mortar RE LLC Brokerage Phone: 845-784-4332 License #10491208757 Listed on: 03/02/2017

Last Buyer's Agent

Ourania Pizzolato

Weichert Realtors License #10301214683

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,854

Year Built

  • Built in 1988 | Remodeled in 2013

Lot Details

  • 3.66 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 30,000 Sq Ft Home
  • Crawl Space

Parking

  • Private Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Schools

  • George L Cooke Elementary School
  • Monticello High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 484601.116.000-0002-010.002/0000

Community Details

Recreation

  • Park

Additional Features

  • 25 Units
  • 25 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,854

Year Built

Built in 1988 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1988
  • Year Built Effective: 2013
  • Attribution Contact: 845-784-4332
  • Village: Monticello
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Interior Amenities: Master Bath, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Crawl Space
  • Living Area: 30000
  • Owner Pays: Insurance
  • SquareFootage: 30000.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot, Off Street, Private

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Propane, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 25

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Richardson Court

Fee Information

  • Trash Expense: 12000
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 3.66
  • Lot Dimensions: 3.6600
  • Lot Size Sq Ft: 159430
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit, Cul-De-Sec
  • Parcel Number: 484601.116.000-0002-010.002/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 25
  • Separate Electric Meters: 25
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 15
  • NumberOf3Bedrooms: 10
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 41854
  • Tax Map Number: 484601.116.000-0002-010.002/0000

MLS Schools

  • Elementary School: George L Cooke School,Kenneth L Rutherford School
  • High School: Monticello High School
  • Middle School District: Monticello
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2018 01/23/18 Sold $2,900,000 -14.7% $97 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $3,400,000 -- $113 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dan Gilbert

    Seller's Agent in 2018

    Dan Gilbert

    Brick and Mortar RE LLC

    (845) 283-3561

    26 Total Sales

    Dan Gilbert
    Section Image
  • Ourania Pizzolato

    Buyer's Agent in 2018

    Ourania Pizzolato

    Weichert Realtors

    (845) 723-2190

    4 in this area

    52 Total Sales

    Ourania Pizzolato
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4708470

OneKey® MLS
New York Sullivan County 12701

1 Richardson Ct, NY

Not Listed for Sale

MultiFamily

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