NOT LISTED FOR SALE

249 Broadway Kingston, NY 12401

Estimated Value: $371,000 - $427,000

3 Beds
2 Baths
2,438 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $257,000 $105 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,077/month

49 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Property is near public transit
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2018

Located in Downtown Kingston and just a short walk to the waterfront, enjoy restaurants, shops and festivals all without getting into your car. Renovated 2- family home features great light filled units, hard wood floors and updates throughout. Both units are large 2 bedroom's, second floor apartment was the owner’s residence at one time, but it has been completely renovated with glistening hard wood floors, fresh paint, new kitchen, back deck/yard access and bath with a washer and dryer. First floor apartment has a separate entrance on the side of the building, it features soaring 9-foot ceilings, hard wood floors, a nice open kitchen and full renovated bath. The first-floor unit has access to the basement for some storage and the second-floor unit has a walk-up attic. Tenants pay their own heat (natural gas forced air furnaces), hot water (electric) and electric. There is a washer and dryer hook-up in each unit. The home has many updates, both heating systems are high efficiency gas units, two newer gas hot water heaters, updated plumbing, two separate 100-amp electric panels for each unit and even two water meters so the tenants can pay their own water usage. The roof, windows and exterior paint are all less than 10 years old. The yard is well manicured and perfect for gardening or small barbecues. Home has off street parking and a garage. Rents are well below market rates, second floor apartment should easily rent for $1,300 a month with the tenant paying all utilities including water, first floor unit should rent for $1,200 with the tenant paying all utilities including water. Please see associated doc's for all detailed info and expenses.

Last Agent to Sell the Property

Greg Berardi

Win Morrison Realty-K Listed on: 03/19/2018

Last Buyer's Agent

Eric Amaral

Coldwell Banker Village Green License #30AM0912969

Coldwell Banker Village Green

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1878

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Landscaped
  • Level Lot
  • Garden

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Ceramic Tile

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, taxes, water
  • Legal Lot and Block 5 / 9

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Playground

Building Details

  • Insurance Expense $1,200
  • New Taxes Expense $5,960
  • Net Operating Income $10,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1878

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Year Built: 1878
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-339-9999
  • MLS Status: Closed
  • Master Plan Zoning: C-3
  • Location Tax and Legal:Tax Block: 9
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Lot Size Dimensions: 40 x 125
  • 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: 5960.0
  • Income And Expenses Cap Rate: 4.0
  • Gross Scheduled Income: 19200.0
  • Other Structures:Shed(s): Yes
  • General Property Information Stories2: 2
  • Attic Features Pull-Down Stairs: Yes
  • 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
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Exhaust Fan, Electric Water Heater
  • Interior Amenities: Eat-in Kitchen, High Speed Internet, Walk-In Closet(s), Other
  • Basement: Concrete, Full, Interior Entry, Unfinished
  • Flooring: Ceramic Tile, Hardwood
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:Playground2: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Concrete: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Paved, Off Street, Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Garden, Gentle Sloping, Landscaped, Level, Near Public Transit
  • Lot Dimensions: 40 x 125
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Water, Other
  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Net Operating Income: 10267.0

Tax Info

  • New Taxes Expense: 5960.0
  • Tax Block: 9
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jun 15, 2018
Sold by
Michaud Daniel P
Bought by
Peralta Rey and Peralta Reynaldo
Seller's Agent
Greg Berardi
Win Morrison Realty-K
Buyer's Agent
Eric Amaral
Coldwell Banker Village Green
List Price
$269,900
Sold Price
$257,000
Premium/Discount to List
-$12,900
-4.78%
Current Estimated Value
$432,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,280
Avg. Annual Appreciation
6.06%
Original Mortgage
$192,750
Outstanding Balance
$167,070
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,296

Purchase Details

Closed on
Oct 27, 2003
Sold by
Foudriat Teresa J
Bought by
Michaud Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998

Purchase Details

Closed on
Mar 5, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peralta Rey $257,000 --
Michaud Daniel P $140,080 --
-- -- --
-- $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peralta Rey $192,750
Previous Owner Michaud Daniel P $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $257,000 -4.8% $105 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $269,900 -- $111 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $9,399 $168,000 $20,000 $148,000
2023 $8,901 $168,000 $20,000 $148,000
2022 $8,642 $168,000 $20,000 $148,000
2021 $8,642 $168,000 $20,000 $148,000
2020 $5,917 $168,000 $20,000 $148,000
2019 $3,478 $168,000 $20,000 $148,000
2018 $5,864 $162,000 $19,000 $143,000
2017 $5,960 $162,000 $19,000 $143,000
2016 $5,938 $162,000 $19,000 $143,000
2015 -- $162,000 $19,000 $143,000
2014 -- $162,000 $19,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20180815

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.034-0009-005.000-0000

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