NOT LISTED FOR SALE

184 Hurley Ave Kingston, NY 12401

-- Bed
-- Bath
-- Sq Ft
0.75 Acres

Last Sold March 21, 2018

Last sale price $1,250,000

180 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Ductless Heating Or Cooling System
  • Kingston High School Rated A-
  • No HOA
  • Community Playground

About This Home

As of March 2018

Two building apartment complex located within walking distance to Uptown Kingston and the bus station. Building #1 fronts Snyder Ave, built in 2012 offers 7 apartments, (6) two bedroom units measuring +/- 1,050 SF and the top floor two bedroom apartment measuring +/- 1,400 SF. All tenants pay their own electric, landlord pays for the heat and hot water. (5) of the units in this building have washer and dryer hookups and there is also a coin operated washer and dryer. Building # 2 fronts Hurley Ave, built in 1960 offers 8 apartments. All tenants pay their own electric, landlord pays for the heat and hot water. Both buildings have long term tenants. Cap rate at asking price is 6.39%, this includes all confirmed expenses including a 3% vacancy rate and 3% repair and maintenance expense. Rents are well below market, please call for income and expense sheet with pro-forma breakdown. Cap rate at market rents would be 8.5%. Please see associated doc's for full income and expense sheet.

Last Agent to Sell the Property

Greg Berardi

Win Morrison Realty-K Listed on: 08/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 182 x 180
  • Landscaped
  • Corner Lot
  • Level Lot
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Edson K-4 Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Ceiling Fan
  • City Lot

Listing and Financial Details

  • The owner pays for gas, insurance, repairs, sewer, taxes, trash collection, water
  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 0800-048.312-0003-001.000-0000

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $1,660
  • Fuel Expense $7,157
  • Insurance Expense $4,435
  • New Taxes Expense $45,626
  • Net Operating Income $95,817

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Year Built: 2012
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.75
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-339-9999
  • MLS Status: Closed
  • Master Plan Zoning: O-2
  • Location Tax and Legal:Tax Block: 3
  • General Property Information Lot Size Acres: 0.7521
  • General Property Information Lot Size Dimensions: 182 x 180
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Cooling Ceiling Fan(s): Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 45626.0
  • Income And Expenses Cap Rate: 6.0
  • Gross Scheduled Income: 176580.0
  • Income And Expenses Fuel Expense: 7157.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Structure Type Multi Family: Yes
  • Cooling Ductless: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer, Refrigerator, Range, Microwave, Gas Water Heater, Dryer
  • Interior Amenities: Other
  • Basement: Finished, Full, Interior Entry, Other
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement Finished: Yes
  • Appliances Range: Yes
  • Community Features:Playground2: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Parking Lot, Off Street, Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Cooling: Ceiling Fan(s), Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 2852.0

Lot Info

  • Lot Features: City Lot, Corner Lot, Garden, Gentle Sloping, Landscaped, Level
  • Lot Dimensions: 182 x 180
  • Lot Size Sq Ft: 32761.48
  • ResoLotSizeUnits: Acres
  • Parcel Number: 0800-048.312-0003-001.000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 15
  • Electric Expense: 1660.0
  • Insurance Expense: 4435.0
  • Net Operating Income: 95817.0

Tax Info

  • New Taxes Expense: 45626.0
  • Tax Block: 3
  • Tax Lot: 1

MLS Schools

  • Elementary School: Edson K-4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $1,250,000 0.0% --
02/20/2018 02/20/18 Off Market $1,250,000 -- --
08/19/2017 08/19/17 For Sale $1,500,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Berardi

    Seller's Agent in 2018

    Greg Berardi

    Win Morrison Realty-K

    (845) 389-7895

    188 Total Sales

    Greg Berardi
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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20173967

Hudson Valley Catskills Region Multiple List Service
New York Ulster County Kingston 12401

184 Hurley Ave, Kingston, NY

This home is located at 184 Hurley Ave, Kingston, NY 12401 since 19 August 2017. This property was built in 2012. 184 Hurley Ave is a home located in Ulster County with nearby schools including Kingston High School, St Joseph School, and Winter Bear Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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