NOT LISTED FOR SALE
3 Beds
2 Baths
1,260 Sq Ft
0.54 Acres

Last Sold May 05, 2019

Last sale price $395,000 $313 Per Sq Ft

659 Days on Market

About This Home

As of May 2019

Profitable 8 unit investment property. Many recent upgrades including 3 new roofs, 8 new boilers, and recent exterior paint job. Tenants pay all utilities. Consists of five 2BR and three 3BR apartments. 12% Cap Rate!

Last Agent to Sell the Property

Guy G. Blake

Past Member License #30BL0810696 Listed on: 04/04/2017

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 105 x 225

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Kitchen

  • Range

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, repairs, taxes, trash collection, water
  • Legal Lot and Block 32 & 33 / 4

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Electric Expense $643
  • Insurance Expense $4,470
  • Manager Expense $3,933
  • New Taxes Expense $9,602
  • Net Operating Income $44,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.54
  • Road Surface Type: Gravel
  • Co List Office Phone: 845-522-5900
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.54
  • General Property Information Lot Size Dimensions: 105 x 225
  • Security Features:Smoke Detector(s): Yes
  • Income And Expenses New Taxes Expense: 9602.0
  • Income And Expenses Cap Rate: 10.0
  • Gross Scheduled Income: 82800.0
  • Manager Expense: 3933.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Refrigerator, Range
  • Basement: Other
  • Flooring: Varies
  • Appliances Range: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Other
  • Construction Materials:Frame: Yes
  • Construction Materials:Other8: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Tank
  • Electric: 200+ Amp Service
  • Heating: Hot Water, Propane
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 2473.0

Lot Info

  • Lot Dimensions: 105 x 225
  • Lot Size Sq Ft: 23522.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: AF
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Water
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 643.0
  • Insurance Expense: 4470.0
  • Resident Manager Expense: 3933.0
  • Net Operating Income: 44775.0

Tax Info

  • New Taxes Expense: 9602.0
  • Tax Block: 4
  • Tax Lot: 32 & 33

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/05/2019 05/05/19 Sold $395,000 -1.0% $313 / Sq Ft
03/28/2018 03/28/18 Price Changed $399,000 0.0% $317 / Sq Ft
04/03/2017 04/03/17 For Sale $399,000 -- $317 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20171269

Hudson Valley Catskills Region Multiple List Service

APN: 514400 68.3-4-33