Seller's Agent in 2024
Ian Wheatley
eXp Realty
(585) 766-8673
4 in this area
43 Total Sales
125 Forest Ave Syracuse, NY 13205
Brighton NeighborhoodEstimated Value: $97,000 - $142,000
5
Beds
2
Baths
1,824
Sq Ft
$62/Sq Ft
Est. Value
About This Home
As of August 2024Fantastic Investment Opportunity in Syracuse! Welcome to this recently improved duplex in the heart of Syracuse. With a double-digit cap rate and a 25%+ cash-on-cash return when fully rented, this property offers a lucrative investment opportunity with strong cash flow potential. Whether you're an investor seeking passive income or a “house-hacking” owner-occupant looking to offset mortgage costs, this property boasts recent improvements, including plumbing and floors, making it move-in ready. Residents enjoy easy access to amenities, schools, parks, and major transportation routes, enhancing the property's appeal to potential tenants. Don't miss out on this rare opportunity to own a turnkey duplex with excellent rental income potential. Schedule a showing today and seize the chance to start or expand your real estate investment portfolio!
Last Agent to Sell the Property
Listing by eXp Realty Brokerage Phone: 888-276-0630 License #10401349971 Listed on: 02/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,076
Year Built
- Built in 1930
Lot Details
- 4,494 Sq Ft Lot
- Lot Dimensions are 30x149
Home Design
- Vinyl Siding
Interior Spaces
- 1,824 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 311500-077-000-0021-013-000-0000
Community Details
Overview
- 2 Units
- Cathers Tract Subdivision
Building Details
- 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
Feb 22, 2024
Closed on
Aug 14, 2024
Sold by
Bought by
Seller's Agent
Ian Wheatley
eXp Realty
Buyer's Agent
Mary Secreti
Howard Hanna Real Estate
List Price
$130,000
Sold Price
$123,000
Premium/Discount to List
-$7,000
-5.38%
Views
210
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
-$9,636
Avg. Annual Appreciation
-4.31%
Original Mortgage
$114,000
Outstanding Balance
$111,940
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,424
Purchase Details
Listed on
Jun 15, 2023
Closed on
Jul 13, 2023
Sold by
Bought by
Seller's Agent
Ben Gray
eXp Realty
Buyer's Agent
Ian Wheatley
eXp Realty
List Price
$23,000
Sold Price
$41,500
Premium/Discount to List
$18,500
80.43%
Views
666
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
199.66%
Purchase Details
Closed on
Apr 12, 2023
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $123,000 | None Available | ||
| $41,500 | None Available | ||
| $41,500 | None Available | ||
| $115,884 | None Available |
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 | $114,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $123,000 | -5.4% | $67 / Sq Ft | |
| 05/07/2024 05/07/24 | Pending | -- | -- | -- | |
| 02/22/2024 02/22/24 | For Sale | $130,000 | +213.3% | $71 / Sq Ft | |
| 08/17/2023 08/17/23 | Sold | $41,500 | +80.4% | $23 / Sq Ft | View Prior Sale |
| 06/23/2023 06/23/23 | Pending | -- | -- | -- | |
| 06/15/2023 06/15/23 | For Sale | $23,000 | -- | $13 / Sq Ft |
Source: Central New York Information Services
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 | $890 | $35,000 | $2,600 | $32,400 |
| 2024 | $1,060 | $35,000 | $2,600 | $32,400 |
| 2023 | $1,064 | $35,000 | $2,600 | $32,400 |
| 2022 | $1,093 | $35,000 | $2,600 | $32,400 |
| 2021 | $1,093 | $35,000 | $2,600 | $32,400 |
| 2020 | $1,109 | $35,000 | $2,600 | $32,400 |
| 2019 | $1,099 | $35,000 | $2,600 | $32,400 |
| 2018 | $1,099 | $35,000 | $2,600 | $32,400 |
| 2017 | -- | $35,000 | $2,600 | $32,400 |
| 2016 | $1,058 | $35,000 | $2,600 | $32,400 |
| 2015 | -- | $35,000 | $2,600 | $32,400 |
| 2014 | -- | $35,000 | $2,600 | $32,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Wheatley
-
Mary Secreti
Buyer's Agent in 2024
Mary Secreti
Howard Hanna
(315) 458-9100
1 in this area
37 Total Sales
-
Ben Gray
Seller's Agent in 2023
Ben Gray
eXp Realty
(315) 726-1505
7 in this area
347 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1522523
APN: 311500-077-000-0021-013-000-0000
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