Lynelle Alessi
KW Hudson Valley United
(845) 479-6488
119 Total Sales
3 in Shawangunk
$236K - $800K Price Range
12 Main St Wallkill, NY 12589
Shawangunk Area
1
Bed
1
Bath
--
Sq Ft
4,792
Sq Ft Lot
Highlights
- No HOA
- Hot Water Heating System
- 2-minute walk to Wallkill Town Park
About This Home
As of November 2022Well maintained 5 unit investment property for sale in the highly desirable Hamlet of Wallkill. Owner retiring after owning this property for 19 years. This is a turn key property with recent updates including new exterior vinyl siding installed on the entire building just last fall. Municipal water and sewer and natural gas. All units are rented with zero vacancies over many years. Tenants pay for heat, hot water, and electric. Coin operated washer and dryer. Off street parking for 10 cars at rear of building. Current gross income is $57,900 due to some long term tenants. Potential gross annual rents in the $70,000 to $75,000 range. Great location with huge rental demand and rising rents in the Hamlet of Wallkill just north of Newburgh and Middletown and south of New Paltz. Property Management is available which would allow the property to basically run itself.
Last Agent to Sell the Property
Quinn Realty Group Inc. License #10491205679 Listed on: 05/14/2022
Last Buyer's Agent
NON MLS OFFICE
Anderson Agency
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,203
Year Built
- Built in 1800
Lot Details
- 4,792
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Aluminum Siding
- Vinyl Siding
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
Additional Features
- Range
- Basement Fills Entire Space Under The House
- 4,792 Sq Ft Lot
Listing and Financial Details
- The owner pays for taxes
- Legal Lot and Block 13 / 4
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Electric Expense $714
- Insurance Expense $3,127
- New Taxes Expense $9,178
- Operating Expense $15,092
- Net Operating Income $42,808
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
May 14, 2022
Closed on
Nov 4, 2022
Sold by
Wallkill Properties Llc
Bought by
Seller's Agent
John Quinn
Quinn Realty Group Inc.
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$352,020
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 4, 2004
Sold by
Larussa Emanuel
Bought by
Wallkill Properties Llc
Purchase Details
Closed on
Sep 12, 2003
Sold by
Pjetri Martin
Bought by
Larussa Emanuel
Purchase Details
Closed on
Jul 8, 1997
Sold by
Michelucci Albert
Bought by
Pjetri Martin
Purchase Details
Closed on
Nov 17, 1995
Sold by
Callas David T and Callas Corinne
Bought by
Michelucci Albert and Michelucci Lucy
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wallkill, NY
-
Lynelle Alessi
-
Annmarie Kovacs
Annmarie Kovacs
Responds QuicklyHoward Hanna Rand Realty
(551) 278-8930
69 Total Sales
2 in Shawangunk
$570K - $625K Price Range
-
Rebecca Bank
Rebecca Bank
Keller Williams Realty
(845) 842-9242
33 Total Sales
1 in Shawangunk
$1,725,000 Price
-
Chris Ogden
Chris Ogden
Realty Promotions Inc
(845) 479-5977
313 Total Sales
17 in Shawangunk
$80K - $690K Price Range
-
Brenda Otero
Brenda Otero
HomeSmart Homes & Estates
(855) 709-2992
100 Total Sales
1 in Shawangunk
$334,000 Price
-
Sharmistha 'Mish' Dutta
Sharmistha 'Mish' Dutta
RE/MAX TOWN & COUNTRY FK
(845) 345-8472
36 Total Sales
1 in Shawangunk
$510,500 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 |
|---|---|---|---|
| $500,000 | None Available | ||
| Wallkill Properties Llc | -- | United General Title Ins Co | |
| Larussa Emanuel | $180,100 | Robert S Levine | |
| Pjetri Martin | $110,000 | -- | |
| Michelucci Albert | $155,000 | -- |
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 | $367,500 |
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 |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $500,000 | 0.0% | -- |
| 07/18/2022 07/18/22 | Off Market | $500,000 | -- | -- |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $599,000 | -- | -- |
Source: Hudson Valley Catskills Region Multiple List Service
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 | $9,782 | $50,000 | $8,000 | $42,000 |
| 2024 | $9,873 | $50,000 | $8,000 | $42,000 |
| 2023 | $9,868 | $50,000 | $8,000 | $42,000 |
| 2022 | $9,209 | $50,000 | $8,000 | $42,000 |
| 2021 | $9,209 | $50,000 | $8,000 | $42,000 |
| 2020 | $9,234 | $50,000 | $8,000 | $42,000 |
| 2019 | $8,396 | $50,000 | $8,000 | $42,000 |
| 2018 | $9,056 | $50,000 | $8,000 | $42,000 |
| 2017 | $8,662 | $50,000 | $8,000 | $42,000 |
| 2016 | $8,384 | $50,000 | $8,000 | $42,000 |
| 2015 | -- | $50,000 | $8,000 | $42,000 |
| 2014 | -- | $50,000 | $8,000 | $42,000 |
Source: Public Records
Agents Affiliated with this Home
-
John Quinn
Seller's Agent in 2022
John Quinn
Quinn Realty Group Inc.
(845) 883-7700
63 Total Sales
-
NM
Buyer's Agent in 2022
NON MLS OFFICE
Anderson Agency
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20221330
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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