$550,000
SOLD DEC 16, 2022 RENTED OCT 10, 2024

298 S Middletown Rd Nanuet, NY 10954

Nanuet Neighborhood
3 Beds
2 Baths
1,524 Sq Ft
0.34 Acres

Recently Sold

$361 Per Sq Ft

15% Below List Price

69 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Corner Lot
  • Highview Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of December 2022

2 Family home located just south of Nanuet town has been lovingly cared for by owner occupants. 1st floor apartment features Kitchen, Large Living Room, Large Dining Room, Full Bath and 2 Bedrooms with interior and exterior access to the basement. The upstairs apartment has a separate entrance featuring 1 bedroom with bath, Living Room and Kitchen which is move in ready and available for the next tenant. The beautifully manicured .34 acre property adds to the curb appeal and speaks to the overall condition of the house. This property also features a Detached 1 car garage with entrance from Atlantic Ave. Live downstairs and rent upstairs to offset your mortgage. Looking for another investment property? Also For sale is their neighboring 2 family 292 S. Middletown Road MLS # 6201714. These are 2 properties you will not want to miss.

Last Agent to Sell the Property

Karen Ciccone

Keller Williams Hudson Valley Brokerage Phone: (914) 403-0897 License #49CI1126400 Listed on: 07/29/2022

Keller Williams Hudson Valley

Co-Listed By

Tom Ciccone

Keller Williams Hudson Valley Brokerage Phone: (914) 403-0897 License #40CI1176175

Last Buyer's Agent

Muharem Hasan

Weichert Realtors License #10401316418

Weichert Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,417

Year Built

  • Built in 1927

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,524 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Miller Avenue Elementary School
  • A Macarthur Barr Middle Sch
  • Nanuet Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392089-063-016-0003-016-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,417

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Year Built: 1927
  • Attribution Contact: (914) 403-0897
  • Co List Office Mls Id: ONEKELHUD
  • Co List Office Phone: 845-639-0300
  • Hamlet: Nanuet
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formal Dining
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 3
  • Living Area: 1524
  • SquareFootage: 1524.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Stone, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: A Macarthur Barr Middle Sch

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 392089-063-016-0003-016-000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 16417
  • Tax Map Number: 392089-063-016-0003-016-000-0000

MLS Schools

  • Elementary School: Miller Avenue School
  • High School: Nanuet Senior High School
  • Middle School District: Nanuet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Dec 16, 2022
Sold by
Poletto Trust
Bought by
298 Middle Llc
Seller's Agent
Karen Ciccone
Keller Williams Hudson Valley
Buyer's Agent
Muharem Hasan
Weichert Realtors
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Views
100
Current Estimated Value
$751,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,364
Avg. Annual Appreciation
10.72%
Original Mortgage
$275,000
Outstanding Balance
$268,102
Interest Rate
6.95%
Mortgage Type
Commercial
Estimated Equity
$450,764

Purchase Details

Closed on
Feb 28, 2017
Sold by
Poletto Robert J and Poletto Cherly
Bought by
Poletto Robert J and Poletto Cheryl A
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $550,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 Commercial
Previous Owner $346,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Rented $2,150 -2.3% --
10/04/2024 10/04/24 Under Contract -- -- --
09/05/2024 09/05/24 For Rent $2,200 0.0% --
12/16/2022 12/16/22 Sold $550,000 -15.4% $361 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/11/2022 09/11/22 Price Changed $650,000 -4.4% $427 / Sq Ft
08/15/2022 08/15/22 Price Changed $680,000 +4.6% $446 / Sq Ft
07/28/2022 07/28/22 For Sale $650,000 -- $427 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $14,992 $102,600 $31,000 $71,600
2022 $10,910 $102,600 $31,000 $71,600
2021 $10,910 $98,600 $31,000 $67,600
2020 $9,759 $98,600 $31,000 $67,600
2019 $9,442 $98,600 $31,000 $67,600
2018 $9,442 $98,600 $31,000 $67,600
2017 $9,240 $98,600 $31,000 $67,600
2016 $9,134 $98,600 $31,000 $67,600
2015 -- $98,600 $31,000 $67,600
2014 -- $98,600 $31,000 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6201711

OneKey® MLS

APN: 392089-063-016-0003-016-000-0000