NOT LISTED FOR SALE

118 Firefighters Mem Dr Fort Montgomery, NY 10922

8 Beds
8 Baths
4,780 Sq Ft
0.66 Acres

Last Sold September 25, 2015

Last sale price $520,000 $109 Per Sq Ft

85 Days on Market

Highlights

  • 0.66 Acre Lot
  • Property is near public transit
  • Granite Countertops
  • Fort Montgomery Elementary School Rated A-
  • Main Floor Bedroom
  • 4 Car Detached Garage

About This Home

As of September 2015

FORT MONTGOMERY. 8 FAMILY HOME. 8 single bedroom apartments. Cap rate of 7.5-9% 88% Occupancy. 1 unit to be renovated and rented. UNDER UTILIZED RENT ROLL. Great commuter location. Close to 9w. Close to 9D. Close to Camp Smith. Close to Route 9. Close to park. Close to Metro North. Close to Palisades Parkway. Tenants on month to month basis. Huge 4 car detached with hydraulic lift,could hold 6 cars and 8-10 unassigned spots. Gross income 77,400. Could easily be increased with rent of garage, renovation of apartments, and rental of 8th apartment. Could do coin-operated laundry. Just recently converted to propane gas. BRAND NEW ROOF. Electric was updated recently. Great for investors looking for high return on investment.

Last Agent to Sell the Property

Howard Payson

RE/MAX Town & Country Brokerage Phone: 914-962-0007 License #10491208345 Listed on: 04/21/2015

RE/MAX Town & Country

Co-Listed By

James Lovegrove

Limited Editions Realty, Inc. Brokerage Phone: 914-962-0007 License #10401268430

Last Buyer's Agent

Charles Abbey

Keller Williams Realty Partner License #10401248126

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,409

Year Built

  • Built in 1950

Lot Details

  • 0.66 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Unassigned Parking

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 4,780 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 8 Full Bathrooms

Schools

  • Fort Montgomery Elementary School
  • James I O'neill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 333689.016.000-0001-001.200/0000

Community Details

Overview

  • 8 Units

Recreation

  • Park

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,409

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: 914-962-0007
  • Co List Office Mls Id: ONEKELWIL
  • Co List Office Phone: 914-962-0007
  • Village: None
  • Hamlet: Fort Montgomery
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Granite Counters, Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Basement: Full, Unfinished
  • Total Bedrooms: 8
  • Living Area: 4780
  • Owner Pays: Insurance
  • SquareFootage: 4780.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 8
  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Unassigned

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • AdditionalFeeDescription: sewer
  • AdditionalFeeFrequency: Yearly

Fee Information

  • Maintenance Expense: 1000
  • Other Expense: 2433
  • Trash Expense: 630
  • AdditionalFeesYN: 1

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Dimensions: 0.6618
  • Lot Size Sq Ft: 28828
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 333689.016.000-0001-001.200/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 1200
  • Units Total: 8
  • Separate Electric Meters: 8
  • Separate Gas Meters: 8
  • NumberOf1Bedrooms: 8
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 8409
  • Tax Map Number: 333689.016.000-0001-001.200/0000

MLS Schools

  • Elementary School: Fort Montgomery Elementary School
  • High School: James I O'Neill High School
  • Middle School District: Highland Falls

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
09/25/2015 09/25/15 Sold $520,000 -5.5% $109 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $550,000 -- $115 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Howard Payson

    Seller's Agent in 2015

    Howard Payson

    RE/MAX

    (845) 232-0844

    221 Total Sales

    Howard Payson
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    James Lovegrove

    Limited Editions Realty, Inc.

  • C

    Buyer's Agent in 2015

    Charles Abbey

    Keller Williams Realty Partner

  • Randy Calano

    Buyer Co-Listing Agent in 2015

    Randy Calano

    Keller Williams Realty Partner

    (845) 222-9689

    49 Total Sales

    Randy Calano
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4516372

OneKey® MLS

APN: 333689 16-1-1.2

New York Orange County Fort Montgomery 10922

118 Firefighters Mem Dr, Fort Montgomery, NY

This home is located at 118 Firefighters Mem Dr, Fort Montgomery, NY 10922 since 21 April 2015. This property was built in 1950. 118 Firefighters Mem Dr is a home located in Orange County with nearby schools including Fort Montgomery Elementary School, Highland Falls Intermediate School, and James I. O'Neill High School.

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