NOT LISTED FOR SALE

118 State Route 372 Cambridge, NY 12816

Estimated Value: $120,000 - $268,000

4 Beds
2 Baths
2,160 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $95,000 $44 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,128/month

822 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Views
  • Level Lot

About This Home

As of April 2022

Spacious side-by-side duplex just outside the Village of Cambridge with a proven rental history. A nice money maker, this fully leased building produces $1,725 per month. All utilities are separated and are at the tenant's expense. A spacious back yard with a detached garage provides ample room for parking, storage, & room to spread out. A great opportunity for an owner occupant; use for a home based business; or simply as a good investment. Sold ''as is'', price is firm. Conventional financing or cash required.

Last Agent to Sell the Property

Kristen Preble

Preble Realty LLC License #10491201084 Listed on: 11/18/2019

Co-Listed By

Chris Preble

Preble Realty LLC License #10491200879

Last Buyer's Agent

Daniel Shepard

All in 1 Realty LLC License #10491203598

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 85' x 253'
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Detached Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Slate Roof
  • Clapboard

Interior Spaces

  • 2,160 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Cambridge Elementary School
  • Cambridge High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Sand Point Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, hot water, heat, internet, snow removal, electricity, gas
  • Legal Lot and Block 3 / 5
  • Assessor Parcel Number 534200 255.14-5-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,371

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: None
  • Year Built: 1900
  • Directions: From the Village of Cambridge ~ West Main becomes Route 372 in the hamlet of Coila, house will be on the right
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Duplex-Side by Side
  • Financial Details Full Market Assessment: 152571
  • Financial Details General Taxes: 1693.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2678.0
  • School Taxes Description: Estimated
  • Financial Details Tax Assessed Value: 53400.0
  • Lot Size Acres: 0.46
  • Lot Size: 85' x 253'
  • Parking Features Parking Total: 6.0
  • Possession Possession Legacy: Tenants
  • Sale Detail Buyer Zip Code: 12170
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Rental Income Description: Estimated
  • Co List Office Mls Id: o2222A
  • Co List Office Phone: 518-854-7888
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2160.0
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Clapboard
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Other58: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Views: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Property Detail:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Propane
  • Water Source: Well Point
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Cambridge

Lot Info

  • Lot Features: Level, Views, Cleared
  • Parcel #: 534200 255.14-5-3
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Hot Water, Heat, Internet, Snow Removal, Electricity, Gas

Tax Info

  • Tax Annual Amount: 4371.0
  • Tax Block: 5
  • Tax Lot: 3
  • Tax Tract: 255.14

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Cambridge
  • HighSchool: Cambridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Apr 27, 2022
Sold by
Koster Cynthia L
Bought by
Gould & Gould Re Llc
Seller's Agent
Kristen Preble
Preble Realty LLC
Buyer's Agent
Daniel Shepard
All in 1 Realty LLC
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$174,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,341
Avg. Annual Appreciation
19.43%
Original Mortgage
$60,000
Outstanding Balance
$53,484
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,857

Purchase Details

Closed on
Aug 21, 2006
Sold by
Giglio Dominick
Bought by
Koster Cynthia
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gould & Gould Re Llc $95,000 None Available
Koster Cynthia $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gould & Gould Re Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $95,000 -5.0% $44 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/03/2022 02/03/22 Price Changed $100,000 -9.1% $46 / Sq Ft
10/01/2021 10/01/21 For Sale $110,000 0.0% $51 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $110,000 -4.3% $51 / Sq Ft
03/17/2021 03/17/21 Price Changed $115,000 -4.1% $53 / Sq Ft
05/19/2020 05/19/20 For Sale $119,900 +26.2% $56 / Sq Ft
05/18/2020 05/18/20 Off Market $95,000 -- --
03/22/2020 03/22/20 Price Changed $119,900 -3.7% $56 / Sq Ft
11/18/2019 11/18/19 For Sale $124,500 0.0% $58 / Sq Ft
02/19/2019 02/19/19 Rented $850 0.0% --
01/21/2019 01/21/19 For Rent $850 0.0% --
12/27/2018 12/27/18 Rented $850 0.0% --
11/21/2018 11/21/18 For Rent $850 -- --
Source: Global 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 $2,469 $100,000 $15,900 $84,100
2023 $2,517 $100,000 $15,900 $84,100
2022 $3,083 $100,000 $15,900 $84,100
2021 $4,274 $53,400 $1,500 $51,900
2020 $4,339 $53,400 $1,500 $51,900
2019 $4,140 $53,400 $1,500 $51,900
2018 $4,140 $53,400 $1,500 $51,900
2017 $4,238 $53,400 $1,500 $51,900
2016 $4,121 $53,400 $1,500 $51,900
2015 -- $53,400 $1,500 $51,900
2014 -- $53,400 $1,500 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201935251

Global MLS

APN: 534200-255-014-0005-003-000-0000