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

Sale Details

Date Sold: May 5, 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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 23,522 Sq Ft 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

0.54 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$136,774
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $252,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,672 $178,500 $31,000 $147,500
2024 $4,607 $178,500 $31,000 $147,500
2023 $4,532 $178,500 $31,000 $147,500
2022 $4,146 $178,500 $31,000 $147,500
2021 $4,146 $178,500 $31,000 $147,500
2020 $4,253 $178,500 $31,000 $147,500
2019 $4,128 $170,000 $31,000 $139,000
2018 $4,201 $160,000 $26,600 $133,400
2017 $4,095 $160,000 $26,600 $133,400
2016 $4,089 $160,000 $26,600 $133,400
2015 -- $160,000 $26,600 $133,400
2014 -- $160,000 $26,600 $133,400
Source: Public Records

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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

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