NOT LISTED FOR SALE

311 Eastern Ave Herkimer, NY 13350

6 Beds
4 Baths
1,640 Sq Ft
0.28 Acres

Last Sold August 22, 2018

Last sale price $53,000 $32 Per Sq Ft

250 Days on Market

About This Home

As of August 2018

Great 3 unit income property with large lot. Property is currently at a 15% cap rate with upside potential. Owner will hold paper with half down.

Last Agent to Sell the Property

Paul Miscione

Listing by Miscione Realty Group LLC License #10491206403 Listed on: 11/15/2017

Last Buyer's Agent

Paul Miscione

Listing by Miscione Realty Group LLC License #10491206403 Listed on: 11/15/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 241 x 50

Parking

  • Stone Driveway

Home Design

  • Flat Roof Shape
  • Stone Foundation
  • Asphalt Roof
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 120.25-2-74

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Age: 67
  • NY Swis Code: Herkimer-213089
  • Total Assessed Value: 64000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 241
  • Lot Dimension Front: 50
  • Nearest Cross Street: King Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Sq Ft: 32.32
  • Ratio List Price By Sq Ft: 45.67
  • Regional Board Code: Syracuse
  • Roof Description: Asphalt, Flat
  • School Tax: 1600
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing Unknown
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: None provided
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Electrical Fuses - some
  • Basement Description: Full
  • Number of Rooms: 20
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Total Sq Ft: 1640

Exterior Features

  • Construction: Stone, Vinyl

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Sewer Water: Public Sewer Connected, Public Water Connected

Lot Info

  • Parcel Number: 120.25-2-74

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 3662

MLS Schools

  • School District Name: Herkimer

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
08/22/2018 08/22/18 Sold $53,000 -33.7% $32 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $79,900 +299.5% $49 / Sq Ft
08/19/2016 08/19/16 Sold $20,000 -75.0% $12 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $79,900 +1498.0% $49 / Sq Ft
11/02/2015 11/02/15 Sold $5,000 -83.3% $3 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $29,900 -- $18 / Sq Ft
Source: Mid New York Regional 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
2024 $2,689 $41,000 $12,200 $28,800
2023 $2,573 $41,000 $12,200 $28,800
2022 $2,492 $41,000 $12,200 $28,800
2021 $2,482 $41,000 $12,200 $28,800
2020 $2,495 $41,000 $12,200 $28,800
2019 $1,596 $41,000 $12,200 $28,800
2018 $2,436 $41,000 $12,200 $28,800
2017 $2,389 $41,000 $12,200 $28,800
2016 $2,900 $41,000 $12,200 $28,800
2015 -- $64,000 $12,200 $51,800
2014 -- $64,000 $12,200 $51,800
Source: Public Records

Agents Affiliated with this Home

  • Paul Miscione

    Seller's Agent in 2018

    Paul Miscione

    Miscione Realty Group LLC

    (315) 868-2996

    3 Total Sales

    Paul Miscione
    Section Image

  • V

    Seller's Agent in 2015

    Virna Thibault

    Rm Realty Results LLC

    Section Image
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Map

Source: Mid New York Regional MLS

MLS Number: 1704524

Mid New York Regional MLS

APN: 213001 120.25-2-74

New York Herkimer County Herkimer 13350

311 Eastern Ave, Herkimer, NY

Not Listed for Sale

MultiFamily

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