NOT LISTED FOR SALE

1230 New York 28 Hurley, NY 12401

7 Beds
4 Baths
1,672 Sq Ft
0.56 Acres

Last Sold April 08, 2022

Last sale price $450,000 $269 Per Sq Ft

74 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • No HOA
  • Woodstock Elementary School Rated A-
  • Corner Lot
  • 3-minute walk to Ashokan Rail Trail

About This Home

As of April 2022

Multi-dwelling income property with an 8% cap rate! Property includes a 3 bedroom 2 bathroom single family home, two 2-bedroom cottages, and a 1000 sq ft garage with spacious loft area. Owners have been diligent about maintenance and there are almost too many updates to list, including: lifetime shingles, seamless gutters, and new glass cook top in the house; updated floors, appliances, kitchen counters/cabinets and plumbing/electric upgrades in the cottages; seamless gutters and separate electric meter installed on the garage. All dwellings and garage are currently rented at market value- start earning a return on your investment immediately! Excellent location on a corner lot on Route 28, close to Woodstock and Kingston and a stone's throw from the Ashokan Rail Trail.

Last Agent to Sell the Property

Heather Rieker

Four Seasons Sotheby's Int'l R License #10401333625 Listed on: 10/21/2021

Last Buyer's Agent

Heather Rieker

Grist Mill Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,816

Year Built

  • Built in 1930

Lot Details

  • 0.56 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • Sliding Doors
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Shared Well
  • Well
  • Electric Water Heater
  • Water Purifier
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, repairs, taxes
  • Legal Lot and Block 27 / 5

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $3,888
  • New Taxes Expense $6,816
  • Net Operating Income $36,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,816

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1930
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.56
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-246-3200
  • MLS Status: Closed
  • Architectural Style: Cottage, Farmhouse
  • Location Tax and Legal:Tax Block: 5
  • General Property Information Lot Size Acres: 0.56
  • General Property Information Lot Size Dimensions: .56
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 6816.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 56400.0
  • Water Source Shared Well: Yes
  • Location Tax and Legal:Tax Annual Amount: 6816.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • Architectural Style Farm House: Yes
  • Architectural Style Cottage: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Purifier, Washer, Refrigerator, Range, Oven, Exhaust Fan, Electric Water Heater, Dryer, Dishwasher
  • Interior Amenities: 3 Seasons Room, Breakfast Bar, Eat-in Kitchen
  • Basement: Crawl Space, Dirt Floor, Exterior Entry, Full, Interior Entry, Unfinished
  • Door Features: Sliding Doors
  • Flooring: Carpet, Ceramic Tile, Hardwood, Linoleum, Other, See Remarks
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Exhaust Fan: Yes
  • Basement:Dirt Floor: Yes
  • Appliances:Oven: Yes
  • Appliances:Water Purifier: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Wood Siding: Yes
  • Door Features:Sliding Doors: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Baseboard, Forced Air, Kerosene, Oil
  • HeatingYN: Yes
  • Water Source: Shared Well, Well
  • Heating:Baseboard: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Sewer Septic Tank: Yes
  • Heating:Kerosene: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Onteora Central

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Dimensions: .56
  • Lot Size Sq Ft: 24393.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes, Other
  • Tenant Pays: All Utilities, Electricity, Gas, Oil

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 3888.0
  • Net Operating Income: 36408.0

Tax Info

  • New Taxes Expense: 6816.0
  • Tax Annual Amount: 6816.0
  • Tax Block: 5
  • Tax Lot: 27

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
04/08/2022 04/08/22 Sold $450,000 -5.3% $269 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $475,000 -- $284 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Heather Rieker

    Seller's Agent in 2022

    Heather Rieker

    Four Seasons Sotheby's Int'l R

    (617) 821-3471

    3 in this area

    42 Total Sales

    Heather Rieker
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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20213922

Hudson Valley Catskills Region Multiple List Service
New York Ulster County Hurley 12401

1230 New York 28, Hurley, NY

This home is located at 1230 New York 28, Hurley, NY 12401 since 21 October 2021. This property was built in 1930. 1230 New York 28 is a home located in Ulster County with nearby schools including Woodstock Elementary School, Reginald Bennett Elementary School, and Phoenicia Elementary School.

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.

Hudson Valley Catskills Region Multiple List Service 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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