NOT LISTED FOR SALE

1014 Route 23a Catskill, NY 12414

-- Bed
-- Bath
11,920 Sq Ft
1.6 Acres

Last Sold January 07, 2021

Last sale price $1,155,000 $97 Per Sq Ft

135 Days on Market

Highlights

  • Deck
  • No HOA
  • Window Unit Cooling System
  • Corner Lot
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of January 2021

Catskill Country Apartment is a great investment which consist of 3 two story separate buildings with 4 two bedroom units in each building. A total of 11,920 square feet combined in 3 buildings with a total of 12 units. New roofs in 2015 and new siding 2020. Still working on siding and should be done shortly. All units have 100% occupancy. The apartments are just 9.8 mile commute to thruway Exit 20 and 4.8 miles from the Village of Catskill and grocery store. All apartments have separate utilities for hot water, electricity and heat paid by tenants. There are 3 coin operated laundry room with washer & dryers, one set in each building for tenants convenience net $300 a month . Each unit has a balcony/deck off the master bedroom and living room. Owner pays water, snow, trash, com/area and lawn maintenance.

Last Agent to Sell the Property

MaryAnn Miller

MaryAnn Miller Real Estate LLC License #10491211607 Listed on: 03/05/2020

Last Buyer's Agent

MaryAnn Miller

MaryAnn Miller Real Estate LLC License #10491211607 Listed on: 03/05/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 1.6 Acre Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Range

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, management, repairs, taxes, trash collection
  • Legal Lot and Block 5 / 2

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $7,000
  • Manager Expense $5,400
  • New Taxes Expense $18,110
  • Net Operating Income $103,510

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 1.6
  • Co List Office Phone: 845-389-1092
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 1.6
  • General Property Information Lot Size Dimensions: 1.60
  • Electric:Circuit Breakers: Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 18110.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 142020.0
  • Cooling:Window Unit(s): Yes
  • Manager Expense: 5400.0
  • General Property Information Stories2: 2
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Water Source:Well: Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Basement:None4: Yes
  • Appliances Range: Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane, Other
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: Circuit Breakers
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 2800.0

Schools

  • Junior High Dist: Catskill School District

Lot Info

  • Lot Features: Corner Lot
  • Lot Dimensions: 1.60
  • Lot Size Sq Ft: 69696.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Highwy commerci
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Management, Repairs, Taxes, Trash Collection, Other
  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 2400.0
  • Insurance Expense: 7000.0
  • Resident Manager Expense: 5400.0
  • Net Operating Income: 103510.0

Tax Info

  • New Taxes Expense: 18110.0
  • Tax Block: 2
  • Tax Lot: 5

Range of Values:

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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 Change Sq Ft Price
01/07/2021 01/07/21 Sold $1,155,000 -7.6% $97 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,250,000 +38.9% $105 / Sq Ft
06/03/2015 06/03/15 Sold $900,000 -5.3% $76 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $950,000 -- $80 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20200694

Hudson Valley Catskills Region Multiple List Service