T
Seller's Agent in 2024
Timothy Sagasti
Dudley Realty Inc
(607) 431-8181
9 in this area
11 Total Sales
12 Academy St Unit 14 Oneonta, NY 13820
Estimated Value: $271,000 - $335,000
6
Beds
3.5
Baths
2,084
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- Furnished
- High Speed Internet
- Carpet
- Baseboard Heating
- Rectangular Lot
About This Home
As of July 20242 UNIT INVESTMENT PROPERTY. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. GROSS INCOME = $46,200/year (Apt 1 $2,655/month Apt 2 $1,200/month) and 13.27% Cap Rate. EXPENSES = $9,050.40. Land & School Taxes = $4,330.40. Insurance = $1,500. Heat/Electric = $2,000 (downstairs apt included only). Garbage = $500. Water/Sewer = $720. NET OPERATING INCOME = $37,149.60. Short term baseball rental area allowed and potential income of $36,000 additional income! Potential Gross of $80k+/year!
Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood clapboard siding, new kitchens, bathrooms, freshly painted interior and exterior, new electrical and plumbing, and brand new vinyl plank floors throughout the first floor (carpeted second floor). Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has a dining area / room, spacious living rooms and bedrooms. Certificate of Compliance in place. Nice Cash Cow!
Last Agent to Sell the Property
Listing by Dudley Realty Inc Brokerage Phone: (607) 431-8181 License #10401260206 Listed on: 11/15/2023
Co-Listed By
Listing by Dudley Realty Inc Brokerage Phone: (607) 431-8181 License #10311204008
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,329
Year Built
- Built in 1925
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 45x70
- Rectangular Lot
Home Design
- Duplex
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 2,084 Sq Ft Home
- 2-Story Property
- Furnished
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Schools
- Oneonta High School
Utilities
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes all utilities, common area maintenance, electricity, heat, hot water, snow removal, trash collection, cable TV, water
- Assessor Parcel Number 300.5-5-48
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $9,050
- Gross Income $46,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Jul 5, 2024
Sold by
Goss Jerid and Goss Melanie
Bought by
Harpe Jeremy
Seller's Agent
Timothy Sagasti
Dudley Realty Inc
Buyer's Agent
Leah Long
Coldwell Banker Timberland Properties
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,045
Avg. Annual Appreciation
7.07%
Original Mortgage
$242,910
Outstanding Balance
$239,981
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,964
Purchase Details
Closed on
May 18, 2022
Sold by
Goss Properties Llc
Bought by
Goss Jerid and Goss Melanie
Purchase Details
Closed on
Sep 16, 2020
Sold by
Wilber & Clark Ent Inc
Bought by
Goss Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harpe Jeremy | $269,900 | None Available | |
| Goss Jerid | -- | None Available | |
| Goss Properties Llc | $200,000 | None Available | |
| Goss Properties Llc | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harpe Jeremy | $242,910 | |
| Previous Owner | Goss Properties Llc | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2024 07/05/24 | Sold | $269,900 | -3.6% | $130 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $279,900 | 0.0% | $134 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | For Sale | $279,900 | 0.0% | $134 / Sq Ft |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $279,900 | -- | $134 / Sq Ft |
Source: Otsego-Delaware Board of REALTORS®
Tax History Compared to Growth
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 | $4,464 | $123,000 | $18,300 | $104,700 |
| 2023 | $4,395 | $123,000 | $18,300 | $104,700 |
| 2022 | $4,225 | $123,000 | $18,300 | $104,700 |
| 2021 | $4,208 | $123,000 | $18,300 | $104,700 |
| 2020 | $7,660 | $123,000 | $18,300 | $104,700 |
| 2019 | $4,094 | $123,000 | $18,300 | $104,700 |
| 2018 | $4,094 | $123,000 | $18,300 | $104,700 |
| 2017 | $6,366 | $123,000 | $18,300 | $104,700 |
| 2016 | $5,383 | $123,000 | $18,300 | $104,700 |
| 2015 | -- | $85,000 | $9,500 | $75,500 |
| 2014 | -- | $85,000 | $9,500 | $75,500 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Sagasti
-
Jeffrey Dudley
J
Seller Co-Listing Agent in 2024
Jeffrey Dudley
Dudley Realty Inc
(607) 431-8181
10 in this area
11 Total Sales
-
Leah Long
L
Buyer's Agent in 2024
Leah Long
Coldwell Banker Timberland Properties
(607) 437-2771
13 in this area
92 Total Sales
Map
Source: Otsego-Delaware Board of REALTORS®
MLS Number: R1507849
APN: 361200-300-005-0005-048-000-0000
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