$900,000
SOLD JUN 3, 2015

1014 Route 23a Catskill, NY 12414

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

Recently Sold

$76 Per Sq Ft

5% Below List Price

81 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • Landscaped
  • No HOA
  • Ceramic Tile Flooring
  • Baseboard Heating

About This Home

As of January 2021

Catskill Country Apartments is a great investment which consist of 3 two story separate buildings with 4 two bedroom apartments in each building. A total of 11,920 square feet combined in 3 buildings with a total of 12 units . The apartments are just a 2 mile commute to thruway Exit 20 and 4.5 miles from the Village of Catskill. All apartments have separate utilities for hot water and heat paid by tenants. 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: 02/02/2015

Last Buyer's Agent

MaryAnn Miller

MaryAnn Miller Real Estate LLC License #10491211607 Listed on: 02/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 1.6 Acre Lot
  • Landscaped
  • Corner Lot

Home Design

  • Frame Construction
  • Shake Roof

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Range
  • Balcony

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,600
  • Insurance Expense $3,600
  • Manager Expense $1,800
  • New Taxes Expense $17,247
  • Net Operating Income $99,213

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: 17247.0
  • Income And Expenses Cap Rate: 10.0
  • Gross Scheduled Income: 117900.0
  • Manager Expense: 1800.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Water Source:Well: Yes
  • Roof:Shake: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer, Refrigerator, Range, Electric Water Heater, Dryer
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Appliances:Electric Water Heater: Yes
  • Appliances Range: Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shake
  • Construction Type: Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Balcony: 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
  • 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
  • Association Amenities:Laundry: Yes

Fee Information

  • Trash Expense: 1800.0

Schools

  • Junior High Dist: Other

Lot Info

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

Rental Info

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

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 1600.0
  • Insurance Expense: 3600.0
  • Resident Manager Expense: 1800.0
  • Net Operating Income: 99213.0
  • Income And Expenses Other Income: 6000.0

Tax Info

  • New Taxes Expense: 17247.0
  • 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: 20150376

Hudson Valley Catskills Region Multiple List Service