NOT LISTED FOR SALE

100 Main St Garnerville, NY 10923

Estimated Value: $501,815 - $685,000

4 Beds
2 Baths
1,652 Sq Ft
$368/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $525,000 $318 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,406/month

120 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Detached Garage
  • Baseboard Heating
  • Main Floor Primary Bedroom

About This Home

As of February 2024

Welcome to an incredible opportunity in Garnerville! This legal 2-family house offers the perfect blend of homeownership and rental income potential. Why continue renting when you can become a homeowner and even benefit from a supplementary revenue stream? Investors, take note this property presents a promising chance to enhance your portfolio. The charm of this two-family dwelling is apparent from the moment you approach its wrap-around front porch. The first unit is spacious, featuring a sizable living room, a complete dining area, a kitchen with a convenient exterior door, and an independent washer-dryer hookup. The upper unit, you'll discover two bedrooms, bathroom, alongside a functional kitchen and dining space. Notably, this unit is already occupied, securing immediate returns for savvy investors. Significant upgrades have been made to this property, ensuring long-term value. The roof has been redone (10yrs), while both unit boilers have been replaced (10yrs). Recent replacements of hot water heaters within the last 3 years add further peace of mind. Each unit is equipped with individual gas and water meters. Whether you're looking to make this your new home with added rental income or seeking a profitable investment venture, this 2-family home in Garnerville beckons with its potential. Don't miss out on this chance to own a piece of real estate that combines comfort and financial advantage.

Last Agent to Sell the Property

Shayndel Moore

Keller Williams Hudson Valley Brokerage Phone: (845) 608-0538 License #10401264270 Listed on: 08/14/2023

Keller Williams Hudson Valley

Last Buyer's Agent

Bracha Malka

Q Home Sales License #10401271741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,524

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • North Rockland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392203-026-010-0001-033-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,524

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: (845) 608-0538
  • Village: West Haverstraw
  • Hamlet: Garnerville
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 4
  • Living Area: 1652
  • SquareFootage: 1652.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 392203-026-010-0001-033-000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 12524
  • Tax Map Number: 392203-026-010-0001-033-000-0000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: North Rockland High School
  • Middle School District: North Rockland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Feb 6, 2024
Sold by
Sofair Caludette
Bought by
Bridge Suffern Llc
Seller's Agent
Shayndel Moore
Keller Williams Hudson Valley
Buyer's Agent
Bracha Malka
Q Home Sales
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Views
197
Current Estimated Value
$608,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,704
Avg. Annual Appreciation
8.23%
Original Mortgage
$420,000
Outstanding Balance
$411,766
Interest Rate
6.62%
Mortgage Type
Commercial
Estimated Equity
$196,938

Purchase Details

Closed on
Dec 1, 1999
Sold by
Lawler Eileen F and Lawler John P
Bought by
Lipson Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bridge Suffern Llc $525,000 Old Republic Title
Bridge Suffern Llc $525,000 Old Republic Title
Lipson Adam $539,500 --
Lipson Adam $539,500 --
Lipson Adam $539,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridge Suffern Llc $420,000
Closed Bridge Suffern Llc $420,000
Previous Owner Lipson Adam $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2024 02/06/24 Sold $525,000 -2.6% $318 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $539,000 0.0% $326 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $539,000 -- $326 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $14,608 $204,900 $83,700 $121,200
2023 $14,608 $204,900 $83,700 $121,200
2022 $14,898 $204,900 $83,700 $121,200
2021 $14,911 $204,900 $83,700 $121,200
2020 $12,427 $216,900 $83,700 $133,200
2019 $2,318 $216,900 $83,700 $133,200
2018 $12,091 $216,900 $83,700 $133,200
2017 $11,430 $216,900 $83,700 $133,200
2016 $11,413 $216,900 $83,700 $133,200
2015 -- $216,900 $83,700 $133,200
2014 -- $216,900 $83,700 $133,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6264431

OneKey® MLS

APN: 392203-026-010-0001-033-000-0000