Seller's Agent in 2016
Fritz Lathrop
Integrated Real Estate Ser LLC
(315) 522-3194
36 in this area
191 Total Sales
1832 Midland Ave Syracuse, NY 13205
Brighton Neighborhood
--
Bed
--
Bath
5,959
Sq Ft
7,405
Sq Ft Lot Lot
Highlights
- Property is near public transit
- Attic
- Woodwork
- Wood Flooring
- Corner Lot
- Forced Air Heating System
About This Home
As of March 2016Four apartments with extra finished space in basement for office or future expansion. Cap rate is currently 12% with a projected cap rate of 19% once rents are set to today's rates. Many updates thru-out as shown in pictures. See attachments for cap rate spread sheet.
Last Agent to Sell the Property
Listing by Integrated Real Estate Ser LLC License #30LA0731266 Listed on: 06/01/2015
Last Buyer's Agent
Edward Servatius
Listing by Dropped Members License #40SE1092512
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,281
Year Built
- Built in 1950
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 55x132
- Partially Fenced Property
- Corner Lot
Parking
- 3 Car Garage
Home Design
- Quadruplex
- Brick Exterior Construction
- Block Foundation
- Aluminum Siding
- Steel Siding
Interior Spaces
- 5,959 Sq Ft Home
- 3-Story Property
- Woodwork
- Finished Basement
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Oven
- Free-Standing Range
- Range Hood
Flooring
- Wood
- Linoleum
- Vinyl
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Vented Exhaust Fan
- Hot Water Heating System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 311500-078-000-0008-011-000-0000
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Gas Meters
- Operating Expense $2,200
- Gross Income $24,900
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2016 03/18/16 | Sold | $84,500 | -6.0% | $14 / Sq Ft | |
| 08/21/2015 08/21/15 | Pending | -- | -- | -- | |
| 06/01/2015 06/01/15 | For Sale | $89,900 | +53.7% | $15 / Sq Ft | |
| 05/20/2013 05/20/13 | Sold | $58,500 | -9.9% | $10 / Sq Ft | View Prior Sale |
| 03/05/2013 03/05/13 | Pending | -- | -- | -- | |
| 09/14/2012 09/14/12 | For Sale | $64,900 | -- | $11 / Sq Ft |
Source: Central New York Information Services
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 |
|---|---|---|---|---|
| 2025 | $2,168 | $82,000 | $17,300 | $64,700 |
| 2024 | $2,463 | $70,000 | $17,300 | $52,700 |
| 2023 | $2,465 | $70,000 | $17,300 | $52,700 |
| 2022 | $2,538 | $70,000 | $17,300 | $52,700 |
| 2021 | $2,538 | $70,000 | $17,300 | $52,700 |
| 2020 | $2,558 | $70,000 | $17,300 | $52,700 |
| 2019 | $2,531 | $70,000 | $17,300 | $52,700 |
| 2018 | $2,531 | $70,000 | $17,300 | $52,700 |
| 2017 | $2,407 | $70,000 | $17,300 | $52,700 |
| 2016 | $2,428 | $70,000 | $17,300 | $52,700 |
| 2015 | -- | $70,000 | $17,300 | $52,700 |
| 2014 | -- | $70,000 | $17,300 | $52,700 |
Source: Public Records
Agents Affiliated with this Home
-
Fritz Lathrop
-
E
Buyer's Agent in 2016
Edward Servatius
Dropped Members
Map
Source: Central New York Information Services
MLS Number: S333662
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