NOT LISTED FOR SALE

188 Washington Ave Saugerties, NY 12477

4 Beds
4 Baths
1,736 Sq Ft
0.48 Acres

Last Sold February 07, 2024

Last sale price $510,000 $294 Per Sq Ft

11 Days on Market

Highlights

  • Additional Residence on Property
  • Deck
  • Wood Flooring
  • Second Garage
  • Property is near public transit
  • 5-minute walk to Saugerties Village Beach & Playground

About This Home

As of February 2024

This is a very special property in the "Heart of the Village" of Saugerties two blocks off Main Street is half acre green oasis. Three cozy residential units are within walking distance to everything the Village has to offer. Lovingly maintained and updated by the current owner/occupants, this property reflects immense pride of ownership. Any good sized 2 bedroom apartment near Main Street Saugerties can ask $1,600 to $1,800 per month. The main unit has 1.5 baths. Current owners truely value excellent tenants and are only charging $1,400 per month. The cap rate is developed with market rents. All units have a garage and laundry facilities. The front building has a B-DRY System with a transferrable lifetime warrantee. Please be sure that garages are locked. Property can be shown by appointment.

Last Agent to Sell the Property

William Chris St. John

Win Morrison Realty License #10401262696 Listed on: 07/08/2023

Last Buyer's Agent

Catherine Lenz

Howard Hanna Rand Realty License #40le0885604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,987

Year Built

  • Built in 1900

Lot Details

  • 0.48 Acre Lot
  • Landscaped
  • Garden

Home Design

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

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Low Emissivity Windows
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Second Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Cahill K-6 Elementary School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Air Purifier
  • Additional Residence on Property
  • Property is near public transit

Listing and Financial Details

  • The owner pays for trash collection, water
  • Legal Lot and Block 26 / 7

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Building Details

  • Electric Expense $1,200
  • Fuel Expense $3,286
  • Insurance Expense $2,565
  • Supplies Expense $2,025
  • New Taxes Expense $9,231
  • Net Operating Income $35,315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,987

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.48
  • Road Surface Type: Asphalt
  • Supplies Expense: 2025.0
  • Co List Office Phone: 845-339-1144
  • MLS Status: Closed
  • Architectural Style: Other
  • Master Plan Zoning: 05
  • Location Tax and Legal:Tax Block: 7
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Lot Size Dimensions: .48 acre
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Sewer:Public Sewer: Yes
  • Cooling Ceiling Fan(s): Yes
  • Flooring:Hardwood: Yes
  • Other Structures Second Residence: Yes
  • Income And Expenses New Taxes Expense: 9231.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 61200.0
  • Income And Expenses Fuel Expense: 3286.0
  • Cooling:Window Unit(s): Yes
  • Location Tax and Legal:Tax Annual Amount: 8987.0
  • General Property Information Stories2: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Utilities:Cable Available: Yes
  • Other Equipment:Air Purifier: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Other, Washer, Refrigerator, Range, Gas Water Heater, Exhaust Fan, Dryer
  • Interior Amenities: Eat-in Kitchen, Other
  • Basement: Full
  • Other Equipment: Air Purifier
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:Playground2: Yes
  • Appliances:Exhaust Fan: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Block, Frame, Vinyl Siding
  • Other Structures: Second Garage, Second Residence
  • Patio And Porch Features: Deck, Screened
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Garden2: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Near Public Transit: Yes
  • Window Features:Low Emissivity Windows: Yes
  • Construction Materials:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Other, Garage Door Opener, Driveway, Assigned
  • Other Structures:Second Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Other20: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Natural Gas, Oil
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Oil: 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: 3000.0

Schools

  • Junior High Dist: Saugerties Central Schools

Lot Info

  • Lot Features: Garden, Landscaped, Near Public Transit
  • Lot Dimensions: .48 acre
  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1200.0
  • Insurance Expense: 2565.0
  • Net Operating Income: 35315.0
  • Income And Expenses Other Income: 1200.0

Tax Info

  • New Taxes Expense: 9231.0
  • Tax Annual Amount: 8987.0
  • Tax Block: 7
  • Tax Lot: 26

MLS Schools

  • Elementary School: Cahill K-6

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
02/07/2024 02/07/24 Sold $510,000 -7.3% $294 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $550,000 -- $317 / 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 $11,278 $480,000 $77,000 $403,000
2023 $9,728 $395,000 $77,000 $318,000
2022 $8,991 $329,000 $77,000 $252,000
2021 $8,941 $280,500 $70,000 $210,500
2020 $7,460 $252,500 $63,000 $189,500
2019 $7,628 $252,500 $63,000 $189,500
2018 $7,157 $245,000 $63,000 $182,000
2017 $7,625 $231,000 $63,000 $168,000
2016 $6,194 $231,000 $63,000 $168,000
2015 -- $231,000 $62,000 $169,000
2014 -- $231,000 $62,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20231933

Hudson Valley Catskills Region Multiple List Service

APN: 514801 18.54-7-26