NOT LISTED FOR SALE

137 1st St Connelly, NY 12417

Estimated Value: $145,000 - $399,000

3 Beds
2 Baths
1,748 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $80,000 $46 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,888/month

42 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Heating System Uses Natural Gas
  • Kingston High School Rated A-
  • Level Lot

About This Home

As of October 2019

Calling all investors. Here is a perfect opportunity for you to live in one unit while collecting income from the other, once completed. Downstairs unit has 2 bedrooms 1 bath and kitchen. The upstairs has been completley gutted and is waiting for you to add your own personal touches. Plenty of off street parking. Close to Marina.

Last Agent to Sell the Property

Kyla Thomas

Howard Hanna Rand Realty License #10301201769 Listed on: 02/23/2019

Howard Hanna Rand Realty

Last Buyer's Agent

Jennifer Mangione

Grist Mill Real Estate License #10491209544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,732

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for all utilities, electricity, gas, insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 12 / 3

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $9,014
  • Insurance Expense $1,100
  • Manager Expense $500
  • Professional Management Expense $140
  • New Taxes Expense $4,874
  • Net Operating Income $10,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,732

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Water Body Name: RONDOUT CREEK
  • Professional Management Expense: 140.0
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 3
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Lot Size Dimensions: .11
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 4874.0
  • Income And Expenses Cap Rate: 12.0
  • Gross Scheduled Income: 19200.0
  • Income And Expenses Fuel Expense: 9014.0
  • Owner Pays:All Utilities: Yes
  • Cooling:None6: Yes
  • Manager Expense: 500.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Full
  • Flooring: Other, See Remarks
  • Stories: 2
  • Full Basement: Yes
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront: Yes
  • Construction Type: Frame
  • Other Structures: None
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 4874.0

Lot Info

  • Lot Features: Level
  • Lot Dimensions: .11
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: NC
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities, Electricity, Gas, Insurance, Sewer, Taxes, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2400.0
  • Insurance Expense: 1100.0
  • Resident Manager Expense: 500.0
  • Net Operating Income: 10186.0

Tax Info

  • New Taxes Expense: 4874.0
  • Tax Block: 3
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Oct 16, 2019
Sold by
Hudler Stacia and Hudler Stephen
Bought by
Racks Services Llc
Seller's Agent
Kyla Thomas
Howard Hanna Rand Realty
Buyer's Agent
Jennifer Mangione
Grist Mill Real Estate
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$257,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,552
Avg. Annual Appreciation
23.31%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Racks Services Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudler Stephen $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $80,000 0.0% $46 / Sq Ft
04/05/2019 04/05/19 Off Market $80,000 -- --
04/05/2019 04/05/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $79,900 -- $46 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

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 $5,732 $136,600 $29,280 $107,320
2023 $5,685 $136,600 $29,280 $107,320
2022 $5,579 $136,600 $29,280 $107,320
2021 $5,579 $136,600 $29,280 $107,320
2020 $4,659 $136,600 $29,280 $107,320
2019 $4,642 $136,600 $29,280 $107,320
2018 $652 $136,600 $29,280 $107,320
2017 $662 $136,600 $29,280 $107,320
2016 $4,731 $136,600 $29,280 $107,320
2015 -- $136,600 $29,280 $107,320
2014 -- $136,600 $29,280 $107,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20190548

Hudson Valley Catskills Region Multiple List Service

APN: 2200-056.050-0003-012.000-0000