NOT LISTED FOR SALE

137 Main St Cohoes, NY 12047

Estimated Value: $274,000 - $287,000

8 Beds
3 Baths
4,108 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $240,000 $58 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,733/month

35 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 2 Car Garage
  • No HOA
  • Electric Baseboard Heater
  • Paddle Fans

About This Home

As of January 2023

The subject property is a well maintained and updated 3 Unit Apartment property consisting of (2) 3 Bedroom/One Bath
units and (1) 2 Bedroom/One Bath unit with off street parking and a garage. Don't miss out on capturing a prime cap rate of over 11% on actual and over 12% with just a small increase in rents. This bite size deal is easy to maintain and operate from a distance or purchase as owner occupant and let the
tenants pay the mortgage and actually have money in your pocket at the end of every month. Call us now to schedule a private showing on this investment opportunity that will not last!

Last Agent to Sell the Property

John Bevilacqua JR

The Property Shop License #10491209113 Listed on: 07/28/2022

Last Buyer's Agent

Kristine Eagan

Serenity Real Estate Team License #10401309572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts a private road

Home Design

  • Triplex
  • Brick Exterior Construction
  • Rubber Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 4,108 Sq Ft Home
  • 3-Story Property
  • Paddle Fans
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 22 / 3
  • Assessor Parcel Number 010300 10.75-3-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,044

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Directions: 787 N, Left on Columbia, Left on Main, Building on the right hand side.
  • Above Grade Finished Sq Ft: 4108.0
  • Lot Size Acres: 0.06
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Sale Detail Buyer Zip Code: 12206
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number of Separate Water Meters: 3
  • Rental Income: 2950.0
  • Rental Income Description: Actual
  • Income: 35400.0
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Other
  • Interior Amenities: Paddle Fan
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Living Area: 4108.0
  • Interior Features:Paddle Fan: Yes
  • Basement:Other53: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick, Shingle Siding, Wood Siding
  • Fencing: None
  • Other Structures: Garage(s)
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Parking Features: Off Street, Garage
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Garage: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Natural Gas
  • Laundry Features: Laundry Room
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Cohoes

Lot Info

  • Lot Features: Road Frontage
  • Parcel #: 010300 10.75-3-22
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2043.73
  • Tax Block: 3
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Nov 30, 2022
Sold by
Gtd Properties Inc
Bought by
Main And Schuyler Llc
Seller's Agent
John Bevilacqua JR
The Property Shop
Buyer's Agent
Kristine Eagan
Serenity Real Estate Team
List Price
$249,999
Sold Price
$240,000
Premium/Discount to List
-$9,999
-4%
Views
104
Current Estimated Value
$280,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,333
Avg. Annual Appreciation
5.77%
Original Mortgage
$187,500
Outstanding Balance
$181,874
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$98,459

Purchase Details

Closed on
Mar 23, 2010
Sold by
Ruso Terance
Bought by
Gtd Properties Inc

Purchase Details

Closed on
Mar 15, 2010
Sold by
Fannie Mae
Bought by
Ruso Teri and Ruso Terance

Purchase Details

Closed on
Oct 22, 2009
Sold by
Reyes Melani
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Chenaille Thomas and Chenaille Amande
Bought by
Reyes Melani
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Main And Schuyler Llc $245,000 First American Title
Gtd Properties Inc -- None Available
Ruso Teri $28,000 The Judicial Title Insurance
Federal National Mortgage Association $1,000 Web Title
Reyes Melani $139,000 Candice Panichi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Main And Schuyler Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 For Rent $1,300 0.0% --
01/10/2023 01/10/23 Sold $240,000 -4.0% $58 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $249,999 -- $61 / Sq Ft
Source: Global MLS

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 $2,941 $54,000 $6,200 $47,800
2023 $2,926 $54,000 $6,200 $47,800
2022 $2,958 $54,000 $6,200 $47,800
2021 $2,954 $54,000 $6,200 $47,800
2020 $2,029 $54,000 $6,200 $47,800
2019 $1,660 $54,000 $6,200 $47,800
2018 $1,969 $54,000 $6,200 $47,800
2017 $3,270 $54,000 $6,200 $47,800
2016 $1,913 $54,000 $6,200 $47,800
2015 -- $54,000 $6,200 $47,800
2014 -- $54,000 $6,200 $47,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202223593

Global MLS

APN: 010300-010-075-0003-022-000-0000