NOT LISTED FOR SALE

31 Prospect St Spring Valley, NY 10977

8 Beds
8 Baths
6,480 Sq Ft
0.41 Acres Lot

Sale Details

Date Sold: September 20, 2017

Last sale price $1,300,000 $201 Per Sq Ft

114 Days on Market

Highlights

  • 0.41 Acre Lot
  • Window Unit Cooling System
  • Heating System Uses Steam
  • Corner Lot
  • Park
  • 2-minute walk to Walton Gould Children's Park

About This Home

As of September 2017

Great investment opportunity! 11 Family Units, 10 are vacant. The proposed gross income is $158,400....the net income is $121,298....cap rate is 9%. Cash deal only

Last Agent to Sell the Property

Moses Einhorn

Keller Williams Hudson Valley Brokerage Phone: 845-639-0300 License #10401256731 Listed on: 02/21/2017

Keller Williams Hudson Valley

Last Buyer's Agent

Burach Gross

eRealty Advisors, Inc License #10401296661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,551

Year Built

  • Built in 2004

Lot Details

  • 17,860 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 6,480 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 14 Parking Spaces
  • Driveway

Schools

  • Hillcrest Elementary School
  • Chestnut Ridge Middle School
  • Spring Valley High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Well

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 392605.057.024-0001-011.000/0000

Community Details

Overview

  • 11 Units

Recreation

  • Park

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,551

Year Built

Built in 2004

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2004
  • Attribution Contact: 845-639-0300
  • Village: Spring Valley
  • Hamlet: Spring Valley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Basement: Finished
  • Total Bedrooms: 8
  • Living Area: 6480
  • Owner Pays: Insurance
  • SquareFootage: 6480.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 14
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Well
  • Hot Water: On Demand

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 2965

Schools

  • Middle School: Chestnut Ridge Middle School

Lot Info

  • Lot Size Acres: 0.41
  • Lot Dimensions: 0.4100
  • Lot Size Sq Ft: 17860
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 392605.057.024-0001-011.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Fuel Expense: 4452
  • Units Total: 11
  • Separate Electric Meters: 11
  • Separate Gas Meters: 11
  • NumberOf1Bedrooms: 11
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 23551
  • Tax Map Number: 392605.057.024-0001-011.000/0000
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: Hillcrest School
  • High School: Spring Valley High School
  • Middle School District: East Ramapo
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/20/2017 09/20/17 Sold $1,300,000 -3.6% $201 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $1,349,000 -- $208 / Sq Ft
Source: OneKey® MLS

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
2024 $32,949 $65,000 $15,000 $50,000
2023 $32,949 $65,000 $15,000 $50,000
2022 $27,648 $65,000 $15,000 $50,000
2021 $11,390 $65,000 $15,000 $50,000
2020 $24,858 $65,000 $15,000 $50,000
2019 $17,150 $65,000 $15,000 $50,000
2018 $17,150 $65,000 $15,000 $50,000
2017 $23,955 $65,000 $15,000 $50,000
2016 $24,020 $65,000 $15,000 $50,000
2015 -- $65,000 $15,000 $50,000
2014 -- $65,000 $15,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4706960

OneKey® MLS

APN: 392605 57.24-1-11

Your Personal Tour Guide

Ask me questions while you tour the home.