10 Balding Ave Poughkeepsie, NY 12601
Estimated Value: $373,237 - $403,000
4
Beds
2
Baths
2,464
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Porch
- Park
- Main Floor Bedroom
- Walk-In Closet
- Entrance Foyer
About This Home
As of April 2023PASSIVE INCOME PERFORMER! Whether you are buying your first investment property or looking for an easy one to add to your already growing portfolio, this property is going to be an easy choice because the numbers JUST WORK! This turnkey duplex was beautifully renovated in 2021 from the inside out. Each unit offers 2 nicely sized bedrooms, a spacious living room, tiled full bath, Quartz kitchen and in-unit laundry. The full walk up attic can be used for additional storage or even has some potential for future finishing. Stepping outside you will find off the street driveway parking, private fenced yard and a covered rocking chair front porch. This prime location near the Union Street Historic District is within walking distance to everything - convenience stores, restaurants, shopping, medical and religious facilities as well as parks/recreation, schools and public transportation. Minutes to Vassar Brothers Medical Center, Marist College, Walkway over the Hudson and the Mid-Hudson Bridge. Current gross income is $40,800 with tenants covering their own utilities. The rental market is always busy here and rents have grown to wholesome numbers. With a cap rate of 9% and no capital expenditures in your near future, you will be cash flowing right from the door on this one so don't miss out! Nothing to do but collect the rent!
Last Listed By
Keller Williams Realty Brokerage Phone: (845) 313-6380 License #10301219669 Listed on: 02/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,714
Year Built
- Built in 1910 | Remodeled in 2021
Lot Details
- 3,920 Sq Ft Lot
- No Common Walls
- Fenced
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,464 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Storage
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Schools
- Morse Young Magnet Elementary School
- Poughkeepsie Middle School
- Poughkeepsie High School
Utilities
- No Cooling
- Baseboard Heating
- High Speed Internet
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, heat
- Assessor Parcel Number 131300-6162-69-100234-0000
Community Details
Recreation
- Park
Additional Features
- 2 Units
- 2 Separate Electric Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2023
Closed on
Apr 11, 2023
Sold by
Qja Enterprises Llc
Bought by
Afsar Nuray
Seller's Agent
Melinda White
Keller Williams Realty
Buyer's Agent
Michelle Ulutas
Coldwell Banker Realty
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Total Days on Market
21
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,809
Avg. Annual Appreciation
6.76%
Purchase Details
Listed on
Aug 14, 2020
Closed on
Jan 19, 2021
Sold by
Persaud Rovin
Bought by
Qja Enterprises Llc
Seller's Agent
Haakim Byrd
HomeSmart Homes & Estates
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.54%
Original Mortgage
$100,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 2, 2019
Closed on
Oct 21, 2019
Sold by
Deutsche Bank Natl T Co
Bought by
Persaud Rovin
Seller's Agent
Shernette Hall
VYLLA Home
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$4,900
Sold Price
$10,000
Premium/Discount to List
$5,100
104.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
570.57%
Purchase Details
Closed on
Jan 19, 2019
Sold by
Oconnor Michael J and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co Tr
Purchase Details
Closed on
May 31, 2002
Sold by
Badolato Mark
Bought by
Labreche Lance C and Lombardi-La Breche
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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
Similar Homes in Poughkeepsie, NY
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Afsar Nuray | $340,000 | None Available | |
| Qja Enterprises Llc | $100,000 | Fidelity National Title (Aka | |
| Persaud Rovin | $10,000 | Fidelity National Title (Aka | |
| Deutsche Bk Natl T Co Tr | $70,000 | -- | |
| Labreche Lance C | $126,500 | Stephen Tomann |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Qja Enterprises Llc | $100,000 | |
| Previous Owner | Qja Enterprises Llc | $85,500 | |
| Previous Owner | Labreche Lance C | $73,000 | |
| Previous Owner | Labreche Lance C | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2023 04/11/23 | Sold | $340,000 | 0.0% | $138 / Sq Ft |
| 03/22/2023 03/22/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | Off Market | $340,000 | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $339,900 | +239.9% | $138 / Sq Ft |
| 01/19/2021 01/19/21 | Sold | $100,000 | -28.6% | $41 / Sq Ft |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | For Sale | $140,000 | 0.0% | $57 / Sq Ft |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
| 08/14/2020 08/14/20 | For Sale | $140,000 | +1300.0% | $57 / Sq Ft |
| 11/04/2019 11/04/19 | Sold | $10,000 | +104.1% | $4 / Sq Ft |
| 10/04/2019 10/04/19 | Pending | -- | -- | -- |
| 08/02/2019 08/02/19 | For Sale | $4,900 | -- | $2 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,689 | $335,000 | $22,000 | $313,000 |
| 2022 | $1,558 | $63,000 | $20,000 | $43,000 |
| 2021 | $1,486 | $50,000 | $20,000 | $30,000 |
| 2020 | $3,150 | $50,000 | $20,000 | $30,000 |
| 2019 | $4,437 | $130,300 | $27,000 | $103,300 |
| 2018 | $5,340 | $122,900 | $27,000 | $95,900 |
| 2017 | $5,209 | $120,500 | $27,000 | $93,500 |
| 2016 | $5,488 | $131,000 | $27,000 | $104,000 |
| 2015 | -- | $135,000 | $27,000 | $108,000 |
| 2014 | -- | $142,100 | $27,000 | $115,100 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda White
Seller's Agent in 2023
Melinda White
Keller Williams Realty
(845) 313-6380
100 Total Sales
-
Michelle Ulutas
Buyer's Agent in 2023
Michelle Ulutas
Coldwell Banker Realty
14 Total Sales
-
Haakim Byrd
Seller's Agent in 2021
Haakim Byrd
HomeSmart Homes & Estates
(845) 863-4139
153 Total Sales
-
Shernette Hall
S
Seller's Agent in 2019
Shernette Hall
VYLLA Home
(845) 863-7774
32 Total Sales
-
N
Buyer's Agent in 2019
Non Non OneKey Agent
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: KEY6234397
APN: 131300-6162-69-100234-0000
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