NOT LISTED FOR SALE

106 Garden City Dr Syracuse, NY 13211

3 Beds
2 Baths
2,300 Sq Ft
8,500 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $154,900 $67 Per Sq Ft

66 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • 3-minute walk to Richfield Park

About This Home

As of July 2020

Cash flow is the name of the game! The rents on this property are grossly under market rate. All units are separate metered for electricity and gas. 3 separate buildings. Front duplex roof age is 3 years old. Middle Cottage is over 10 years old. Back building roof is 9 months old. This property currently performs at a 9.19% cap rate if purchased at $159,990 with rents staying unchanged, leaving out no expenses at all with a 13.47% Cash-On-Cash return.
When rents are at market rate, property will perform at 11.73% cap rate and 22.35% Cash-On-Cash return. Contact listing agent for financials and lease contracts. Property is 100% occupied. All tenants are on month-month leases. Turn key property.

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 02/28/2020

Hunt Real Estate ERA

Last Buyer's Agent

Gabriella Mangovski

Listing by Hunt Real Estate Era License #10401204838

Hunt Real Estate Era

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,463

Year Built

  • Built in 1940

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 170 x 50

Home Design

  • Block Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance, snow removal, water
  • Tax Lot 21
  • Assessor Parcel Number 314889-053-000-0004-021-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,463

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Salina-314889
  • Total Assessed Value: 115000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 170
  • Lot Dimension Front: 50
  • Lot Information: Neighborhood Street
  • Lot Number: 21
  • Nearest Cross Street: Old Brewerton Rd
  • Number of Stories: 1.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 793951.82
  • Ratio Close Price By Sq Ft: 67.35
  • Ratio List Price By Acres: 820041.00
  • Ratio List Price By Sq Ft: 69.56
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Snow Removal, Water
  • School Tax: 2860
  • Sub Board Code: Syracuse
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 8500
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: South on Route 11, right onto Garden City Rd. Building on right.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1951

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: North Syracuse

Lot Info

  • Parcel Number: 314889-053-000-0004-021-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 7463

MLS Schools

  • School District Name: North Syracuse

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $154,900 -3.2% $67 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $159,990 -8.6% $70 / Sq Ft
02/28/2020 02/28/20 For Sale $175,000 -- $76 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dante Belmonte

    Seller's Agent in 2020

    Dante Belmonte

    Hunt Real Estate

    (315) 794-1522

    5 in this area

    365 Total Sales

    Dante Belmonte
    Section Image

  • G

    Buyer's Agent in 2020

    Gabriella Mangovski

    Hunt Real Estate

    (315) 412-1929

    1 in this area

    91 Total Sales

    Gabriella Mangovski
    Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S1252949

Central New York Information Services

APN: 314889 053.-04-21.0

New York Onondaga County Syracuse 13211

106 Garden City Dr, Syracuse, NY

This home is located at 106 Garden City Dr, Syracuse, NY 13211 since 28 February 2020. This property was built in 1940. 106 Garden City Dr is a home located in Onondaga County with nearby schools including North Syracuse Junior High School and Cicero North Syracuse High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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