$120,000
SOLD OCT 16, 2024

228 W Main St Frankfort, NY 13340

3 Beds
2 Baths
2,017 Sq Ft
0.44 Acres

Recently Sold

$59 Per Sq Ft

18 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding

About This Home

As of October 2024

Welcome to 228 West Main Street. This two-family residence offers a fantastic investment opportunity in the heart of Frankfort. This well-maintained property features a spacious two-bedroom and a cozy one-bedroom unit, ideal for generating great rental income. This property is situated in a quiet and friendly neighborhood and tenants will appreciate the easy access to local shops, dining options, parks, conveinence stores and access to a top-rated school district. Many updates include a new roof, new hot water tanks and a new boiler, ensuring efficient heating throughout both units. Take full advantage of the super low water and electric services provided by Frankfort Utilities. With its recent updates and prime location, this property presents an excellent opportunity for investors or owner-occupiers looking to offset mortgage costs with rental income. Don't miss out on this rare chance to own a well-maintained two-family home in Frankfort!

Last Agent to Sell the Property

John Sageer

Listing by River Hills Properties LLC Ut License #10401358042 Listed on: 07/08/2024

Last Buyer's Agent

John Sageer

Listing by River Hills Properties LLC Ut License #10401358042 Listed on: 07/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1800

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 80x242

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2,017 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 212601-112-065-0001-056-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,350

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1800
  • Road Frontage Type: Main Thoroughfare
  • Directions: Take 5-S to Cemetary St then left on to W. Main St.
  • Flooring: Hardwood, Varies
  • Interior Features: Pull Down Attic Stairs
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.4444
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Frankfort-Schuyler

Lot Info

  • Parcel Number: 212601-112-065-0001-056-000-0000
  • Lot Dimensions: 80X242
  • Lot Size Sq Ft: 19360.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2350.0
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Oct 3, 2024
Sold by
Risley Kelly
Bought by
Colon Lorenzo
Seller's Agent
John Sageer
River Hills Properties LLC Ut
Buyer's Agent
John Sageer
River Hills Properties LLC Ut
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Views
18
Current Estimated Value
$122,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,906
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Feb 20, 2021
Sold by
Aiello Salvatore Est
Bought by
Risley Kelly

Purchase Details

Closed on
Mar 6, 2009
Sold by
Aiello Angelo
Bought by
Aiello Salvatore
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $127,200 None Available
Warranty Deed $127,200 None Available
Executors Deed -- None Available
Interfamily Deed Transfer $16,200 --
Interfamily Deed Transfer $16,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $120,000 +9.2% $59 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $109,900 -8.3% $54 / Sq Ft
07/08/2024 07/08/24 For Sale $119,900 -- $59 / Sq Ft
Source: Mid New York Regional 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 $3,461 $48,500 $15,100 $33,400
2023 $3,361 $48,500 $15,100 $33,400
2022 $3,181 $48,500 $15,100 $33,400
2021 $3,156 $48,500 $15,100 $33,400
2020 $3,086 $48,500 $15,100 $33,400
2019 $2,099 $48,500 $15,100 $33,400
2018 $3,044 $48,500 $15,100 $33,400
2017 $2,968 $48,500 $15,100 $33,400
2016 $2,921 $48,500 $15,100 $33,400
2015 -- $48,500 $15,100 $33,400
2014 -- $48,500 $15,100 $33,400
Source: Public Records

Agents Affiliated with this Home

  • John Sageer

    Seller's Agent in 2024

    John Sageer

    River Hills Properties LLC Ut

    (315) 796-8164

    3 in this area

    68 Total Sales

    John Sageer
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Map

Source: Mid New York Regional MLS

MLS Number: S1550229

Mid New York Regional MLS

APN: 212601-112-065-0001-056-000-0000

New York Herkimer County Frankfort 13340

228 W Main St, Frankfort, NY

This home is located at 228 W Main St, Frankfort, NY 13340 and is currently priced at $120,000, approximately $59 per square foot. This property was built in 1800. 228 W Main St is a home located in Herkimer County with nearby schools including Frankfort-Schuyler Elementary School and Frankfort-Schuyler Central High 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.

Mid New York Regional MLS 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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