NOT LISTED FOR SALE

23 River St Hoosick Falls, NY 12090

Estimated Value: $91,986 - $184,000

4 Beds
4 Baths
3,516 Sq Ft
$41/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $62,500 $18 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $926/month

374 Days on Market

Highlights

  • Senior Community
  • Forced Air Heating System
  • Wood Siding
  • No HOA
  • Level Lot

About This Home

As of March 2020

Well-maintained four-unit investment property with off-street parking. The rental income of $30,000 is a gross operating income of $28,000 after the 5% vacancy rate. Net operating income is $13,277 after the operating expenses of taxes, heat, utilities, and maintenance. At the purchase price of $90,000, the cap rate is a respectable 14.69%. Good Condition

Last Agent to Sell the Property

Kendal Baker

Marker's Octagon Realty License #37BA1097760 Listed on: 01/07/2019

Last Buyer's Agent

Kendal Baker

Marker's Octagon Realty License #37BA1097760 Listed on: 01/07/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding
  • Clapboard
  • Asphalt

Interior Spaces

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • The owner pays for trash collection, snow removal, grounds care, heat
  • Legal Lot and Block 12 / 23
  • Assessor Parcel Number 382801 27.19-23-12

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 350.0
  • Zoning: Single Residence
  • Year Built: 1890
  • Directions: NY Rt. 22 to Hoosick Falls. Follow River Street to #23.
  • Above Grade Finished Sq Ft: 3516.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 1472.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2153.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 948.0
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.21
  • Lot Size: 0.21 acres
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 5
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Income And Expenses Maintenance Expense: 2000.0
  • Water Sewer Expense Description: Estimated
  • Income And Expenses Heat Expense Est: 4500.0
  • Income And Expenses Miscellaneous Expense: 650.0
  • Miscellaneous Expense Description: Estimated
  • Oil Expense Description: Estimated
  • Income: 28500.0
  • Income Description: Estimated
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 600.0
  • Living Area: 3516.0
  • Owner Pays: Trash Collection, Snow Removal, Grounds Care, Heat
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Clapboard, Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Clapboard2: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Oil
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Hoosick Falls

Lot Info

  • Lot Features: Level
  • Parcel #: 382801 27.19-23-12
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 2200.0
  • Number Of Units Total: 4
  • Maintenance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 4573.0
  • Tax Block: 23
  • Tax Lot: 12
  • Tax Tract: 27.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Clifford Ethan M and Stojanowski Piotr S
Bought by
Stojanowski Piotr S
Current Estimated Value
$143,662

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 23, 2020
Sold by
Gatus Lorraine L
Bought by
Clifford Ethan M and Stojanowksi Piotr S
Seller's Agent
Kendal Baker
Marker's Octagon Realty
Buyer's Agent
Kendal Baker
Marker's Octagon Realty
List Price
$160,000
Sold Price
$62,500
Premium/Discount to List
-$97,500
-60.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$56,250
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2001
Sold by
Button John R and Button Judith A
Bought by
Gatus Lorraine L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stojanowski Piotr S -- None Available
Stojanowski Piotr S -- None Available
Clifford Ethan M $62,500 None Available
Gatus Lorraine L $85,000 Edward J Gorman
Gatus Lorraine L $85,000 Edward J Gorman
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clifford Ethan M $56,250
Previous Owner Gatus Lorraine L $36,817
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $62,500 -30.6% $18 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/17/2019 12/17/19 Price Changed $90,000 -18.2% $26 / Sq Ft
12/12/2019 12/12/19 Price Changed $110,000 -8.3% $31 / Sq Ft
08/15/2019 08/15/19 Price Changed $120,000 -25.0% $34 / Sq Ft
01/04/2019 01/04/19 For Sale $160,000 -- $46 / Sq Ft
Source: Global 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 $4,553 $175,000 $6,000 $169,000
2023 $4,160 $110,000 $6,000 $104,000
2022 $1,152 $110,000 $6,000 $104,000
2021 $4,183 $110,000 $6,000 $104,000
2020 $4,262 $110,000 $6,000 $104,000
2019 $4,477 $110,000 $6,000 $104,000
2018 $4,365 $110,000 $6,000 $104,000
2017 $4,916 $35,000 $2,000 $33,000
2016 $4,911 $35,000 $2,000 $33,000
2015 -- $35,000 $2,000 $33,000
2014 -- $35,000 $2,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201910322

Global MLS

APN: 2801-027.19-23-12