NOT LISTED FOR SALE
12 Beds
6 Baths
6,150 Sq Ft
5 Acres

Last Sold July 10, 2014

Last sale price $700,000 $114 Per Sq Ft

216 Days on Market

Highlights

  • Home fronts a creek
  • Private Lot
  • No HOA
  • 5 Acre Lot
  • Wood Flooring
  • Gazebo

About This Home

As of July 2014

Great investment property! Two buildings with 8 units; Good parking for tenants and plenty of outdoor space make for ideal living for all! Property is adjacent to Black Creek and has pond frontage too; tenants can enjoy many outdoor activities here and have easy access to all commuting routes from this location; All apartments are two bedrooms and have eat in kitchens, living room and bath; there are also enclosed gazebos and storage facilities; tenants also have use of common laundry facility on premises

Last Agent to Sell the Property

Cathy Pulichene

Past Member License #40PU0705480 Listed on: 11/27/2013

Past Member

Last Buyer's Agent

Carol Spirig

Halter Associates Realty License #30SP0647392

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Landscaped
  • Private Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Low Emissivity Windows
  • Walk-Out Basement
  • Storage In Attic
  • Range

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Heating System Uses Propane
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for gas, insurance, taxes, trash collection
  • Legal Lot and Block 1.200 / 7

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Playground

Building Details

  • Electric Expense $3,100
  • Fuel Expense $4,600
  • Insurance Expense $3,900
  • New Taxes Expense $12,600
  • Net Operating Income $67,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 5.0
  • Water Body Name: BLACK CREEK
  • Co List Office Phone: 845-255-0615
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 7
  • General Property Information Lot Size Acres: 5.0
  • General Property Information Lot Size Dimensions: 5 Acres
  • Electric:Circuit Breakers: Yes
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 12600.0
  • Income And Expenses Cap Rate: 9.0
  • Gross Scheduled Income: 98940.0
  • Income And Expenses Fuel Expense: 4600.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Other Structures Gazebo: Yes
  • Water Source:Well: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Structure Type Multi Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Washer, Refrigerator, Range, Dryer
  • Basement: Walk-Out Access
  • Flooring: Carpet, Hardwood
  • Appliances Range: Yes
  • Community Features:Playground2: Yes
  • Attic Features:Storage Only: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront Features: Creek, Pond
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Frame
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Private: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:Pond2: Yes
  • Waterfront Features:Creek: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: Circuit Breakers
  • Heating: Propane
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Laundry: Yes

Fee Information

  • Trash Expense: 1200.0

Lot Info

  • Lot Features: Landscaped, Private
  • Lot Dimensions: 5 Acres
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Insurance, Taxes, Trash Collection
  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 3100.0
  • Insurance Expense: 3900.0
  • Net Operating Income: 67040.0
  • Income And Expenses Other Income: 3000.0

Tax Info

  • New Taxes Expense: 12600.0
  • Tax Block: 7
  • Tax Lot: 1.200

Range of Values:

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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
07/10/2014 07/10/14 Sold $700,000 -9.7% $114 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $775,000 -- $126 / 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: 20135515

Hudson Valley Catskills Region Multiple List Service

APN: 513200 87.2-7-1.200