Karen Briscoe-Reed
KW MidHudson
(845) 420-1916
64 Total Sales
51 in Poughkeepsie
$90K - $595K Price Range
12 Fox Terrace Poughkeepsie, NY 12603
Poughkeepsie AreaEstimated Value: $275,000 - $378,000
4
Beds
2
Baths
2,024
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of June 20248.2 CAP RATE!!! Welcome to an exceptional investment opportunity in the heart of Poughkeepsie, New York! This well maintained, fully rented two-family property features spacious 2-bedroom/1-bathroom units ensuring immediate passive income generation. Below market rents and value add opportunity provides for a conservative 8.2 pro forma cap rate. This property promises an attractive return on investment! Conveniently located near schools and public transportation, in a resilient and growing real estate market, Poughkeepsie offers the ideal setting for this income-generating gem. With a strong rental demand, this property is a must-consider for investors seeking long-term appreciation and consistent rental income. Don't miss out on this golden opportunity schedule a viewing today and secure your place in the thriving Poughkeepsie market!
Last Agent to Sell the Property
Legacy Land & Homes LLC Brokerage Phone: (845) 206-9462 License #10491202162 Listed on: 01/20/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,336
Year Built
- Built in 1925
Lot Details
- 3,485 Sq Ft Lot
- No Common Walls
Parking
- Driveway
Interior Spaces
- 2,024 Sq Ft Home
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Gov George Clinton Elementary School
- Poughkeepsie Middle School
- Poughkeepsie High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity, heat
- Assessor Parcel Number 131300-6161-31-367856-0000
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
Jun 24, 2024
Sold by
12 Fox Terrace Llc
Bought by
Seller's Agent
Curtis Darragh
Legacy Land & Homes LLC
Buyer's Agent
Gerard Smith
Serhant LLC
List Price
$300,000
Sold Price
$302,000
Premium/Discount to List
$2,000
0.67%
Views
106
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
$32,208
Avg. Annual Appreciation
4.74%
Original Mortgage
$226,500
Outstanding Balance
$221,750
Interest Rate
7.02%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$112,458
Purchase Details
Closed on
Dec 12, 2019
Sold by
Marmol Ulises
Bought by
12 Fox Terrace Llc
Purchase Details
Closed on
May 22, 2009
Sold by
Shannon Pamela
Bought by
Lincoln Franklin Properties Inc
Purchase Details
Closed on
Apr 10, 2006
Sold by
Bent-Mutz Arlene
Bought by
Shannon Pamela
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Poughkeepsie, NY
-
Karen Briscoe-Reed
-
Robert Leonard
Robert Leonard
William Raveis Real Estate
(914) 745-6828
120 Total Sales
1 in Poughkeepsie
$515,000 Price
-
Sandra Cotthaus
Sandra Cotthaus
1st Independent Realty Grp
(845) 375-3794
91 Total Sales
12 in Poughkeepsie
$265K - $553K Price Range
-
Jack Yao
Jack Yao
Realmart Realty, LLC
(732) 838-6992
1,396 Total Sales
8 in Poughkeepsie
$350K - $485K Price Range
-
Michael Dunstan
Michael Dunstan
Responds QuicklyRE/MAX TOWN & COUNTRY FK
(845) 318-1248
163 Total Sales
51 in Poughkeepsie
$142K - $775K Price Range
-
Richard Baxter
Richard Baxter
Keller Williams Realty
(845) 403-1336
413 Total Sales
1 in Poughkeepsie
$364,999 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $302,000 | Misc Company | ||
| 12 Fox Terrace Llc | -- | None Available | |
| Lincoln Franklin Properties Inc | $106,644 | Stephen Christian | |
| Shannon Pamela | $238,500 | Harold Tevelowitz |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $226,500 | |
| Previous Owner | Marmol Ulises | $99,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2024 06/24/24 | Sold | $302,000 | +0.7% | $149 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $300,000 | -0.7% | $148 / Sq Ft |
| 03/04/2024 03/04/24 | Off Market | $302,000 | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $300,000 | -- | $148 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,071 | $291,800 | $59,400 | $232,400 |
| 2024 | $8,071 | $291,800 | $59,400 | $232,400 |
| 2023 | $6,867 | $275,300 | $59,400 | $215,900 |
| 2022 | $5,794 | $229,400 | $54,000 | $175,400 |
| 2021 | $5,635 | $189,600 | $54,000 | $135,600 |
| 2020 | $5,051 | $158,000 | $54,000 | $104,000 |
| 2019 | $4,890 | $143,600 | $54,000 | $89,600 |
| 2018 | $5,264 | $136,800 | $54,000 | $82,800 |
| 2017 | $4,434 | $130,300 | $54,000 | $76,300 |
| 2016 | $4,376 | $130,300 | $54,000 | $76,300 |
| 2015 | -- | $130,300 | $54,000 | $76,300 |
| 2014 | -- | $130,300 | $54,000 | $76,300 |
Source: Public Records
Agents Affiliated with this Home
-
Curtis Darragh
Seller's Agent in 2024
Curtis Darragh
Legacy Land & Homes LLC
(845) 206-9462
31 Total Sales
-
Gerard Smith
Buyer's Agent in 2024
Gerard Smith
Serhant LLC
(845) 490-9639
42 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6285626
APN: 131300-6161-31-367856-0000
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Based on information submitted to the MLS GRID
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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