NOT LISTED FOR SALE
7 Beds
8 Baths
4,618 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: January 22, 2020

Last sale price $225,000 $49 Per Sq Ft

26 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Wood Siding
  • Corner Lot
  • Baseboard Heating

About This Home

As of January 2020

Build your portfolio with this 8 unit apartment building that has been worked on and now fully rented. Property is awaiting its new savvy investor owner to collect rent and make a nice income showing 23% cap rate! Yearly income $56,700 Don't wait set up your viewing today!

Last Agent to Sell the Property

Rachel Henley

Miranda Real Estate Group Inc Listed on: 10/26/2019

Last Buyer's Agent

John DiGesualdo

Howard Hanna Capital Inc License #10301209600

Howard Hanna Capital Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Corner Lot

Home Design

  • Wood Siding
  • Asphalt

Interior Spaces

  • 4,618 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • Active Adult
  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for parking fee, snow removal, grounds care
  • Legal Lot and Block 32 / 2
  • Assessor Parcel Number 421500 48.52-2-32

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1913
  • Directions: Broadway between 3rd and 4th St
  • Above Grade Finished Sq Ft: 4618.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 10463.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3539.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.16
  • Lot Size: 60x100
  • Parking Features Parking Total: 4.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 4618.0
  • Owner Pays: Parking Fee, Snow Removal, Grounds Care
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes
  • Owner Pays:Parking Fee2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 421500 48.52-2-32
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 14002.0
  • Tax Block: 2
  • Tax Lot: 32

Multi Family

  • Number Of Units Total: 8

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
Oct 26, 2019
Closed on
Jan 23, 2020
Sold by
Bought by
Seller's Agent
Rachel Henley
Miranda Real Estate Group Inc
Buyer's Agent
John DiGesualdo
Howard Hanna Capital Inc
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%

Purchase Details

Closed on
Apr 26, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
2.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$225,000 A & G Title & Setmnt Svcs
$84,000 None Available
$120,000 Hazel R Rodriguez
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
Previous Owner $63,500
Previous Owner $116,000
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
01/22/2020 01/22/20 Sold $225,000 -6.3% $49 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $240,000 -- $52 / Sq Ft
Source: Global MLS

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 $6,964 $170,100 $21,200 $148,900
2024 $6,964 $170,100 $21,200 $148,900
2023 $68 $170,100 $21,200 $148,900
2022 $6,986 $170,100 $21,200 $148,900
2021 $6,968 $170,100 $21,200 $148,900
2020 $13,988 $170,100 $21,200 $148,900
2019 $10,464 $170,100 $21,200 $148,900
2018 $14,072 $170,100 $21,200 $148,900
2017 $7,389 $170,100 $21,200 $148,900
2016 $9,687 $170,100 $21,200 $148,900
2015 -- $170,100 $21,200 $148,900
2014 -- $170,100 $21,200 $148,900
Source: Public Records

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Map

Source: Global MLS

MLS Number: 201933664

Global MLS
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