NOT LISTED FOR SALE

274 Cold Spring Rd Monticello, NY 12701

Studio
-- Bath
-- Sq Ft
10 Acres

Last Sold January 05, 2021

Last sale price $400,000

322 Days on Market

Highlights

  • 10 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of January 2021

Fantastic investment opportunity! Owner financing available! This property has a low vacancy rate and is easy to rent. Featuring 4 buildings with 11 units total: eight 2bed/1bath and three 1bed/1bath. Set on 10 acres close to the Catskill World Resort, Holiday Mountain ski area, Monticello Raceway, Motor Club, and local shopping. The property is level with beautiful lawn and fields. The balance is wooded with an additional access road. A new water treatment system and septic system were installed in 2016.

Last Agent to Sell the Property

Kristen Zigouras

eXp Realty License #10401274387 Listed on: 04/29/2019

eXp Realty

Last Buyer's Agent

Kristen Zigouras

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 10 Acre Lot

Utilities

  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 29 / 1
  • Assessor Parcel Number 4689-029-0-0001-026-002

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • Net Operating Income $30,564

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

10 Acres

Listing Details

  • Year Built: 1985
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 10.0
  • Co List Office Phone: 888-276-0630
  • MLS Status: Closed
  • Master Plan Zoning: r1
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 10.0
  • General Property Information Lot Size Dimensions: 10
  • Sewer:Public Sewer: Yes
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 42600.0
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Appliances:Electric Water Heater: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Monticello Central Schools

Lot Info

  • Lot Dimensions: 10
  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 4689-029-0-0001-026-002
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 11
  • Net Operating Income: 30564.0

Tax Info

  • Tax Block: 1
  • Tax Lot: 29
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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 List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $400,000 0.0% --
03/16/2020 03/16/20 Off Market $400,000 -- --
03/16/2020 03/16/20 Pending -- -- --
06/13/2019 06/13/19 Price Changed $450,000 -9.8% --
04/29/2019 04/29/19 For Sale $499,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20191561

Hudson Valley Catskills Region Multiple List Service
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