NOT LISTED FOR SALE

28 Church St New Paltz, NY 12561

-- Bed
-- Bath
-- Sq Ft
0.48 Acres

Last Sold November 21, 2013

Last sale price $562,500

119 Days on Market

About This Home

As of November 2013

5 Unit Appartment Building well kept and efficiently run. Conveniently located in the Village of New Paltz just one block from Main St. All units are 2 Bedrooms. Easy Electric Heat.The building is leased from May or June each year with one year leases and annual rent increases. This building was built as an appartment building and not a converted residence. All systems work properly, Efficiently and the building usually has a waiting list of tenants.

Last Agent to Sell the Property

Dave Kanney

Past Member License #40ka1159638 Listed on: 05/08/2013

Last Buyer's Agent

Mercedes Calderon

Past Member License #10301208639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 133x150

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 19 / 6

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Electric Expense $992
  • Insurance Expense $900
  • New Taxes Expense $13,874
  • Net Operating Income $48,091

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.48
  • Co List Office Phone: 845-338-5299
  • MLS Status: Closed
  • Master Plan Zoning: B2
  • Location Tax and Legal:Tax Block: 6
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Lot Size Dimensions: 133x150
  • Income And Expenses New Taxes Expense: 13874.0
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 72000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 930.0

Lot Info

  • Lot Dimensions: 133x150
  • Lot Size Sq Ft: 20908.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 992.0
  • Insurance Expense: 900.0
  • Net Operating Income: 48091.0

Tax Info

  • New Taxes Expense: 13874.0
  • Tax Block: 6
  • Tax Lot: 19

Range of Values:

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Average Value
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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
11/21/2013 11/21/13 Sold $562,500 -10.0% --
09/03/2013 09/03/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $625,000 -- --
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: 20132100

Hudson Valley Catskills Region Multiple List Service