NOT LISTED FOR SALE

Estimated Value: $145,000 - $185,000

6 Beds
3 Baths
2,496 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $127,500 $51 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,167/month

162 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Space Heater

About This Home

As of April 2021

Super sweet investment or owner-occupied rental building in resurgent Troy. This 3-unit brick building boasts super desirable apartments that net over $27K in total annual income against expenses less than $6K, for a cap rate at over 14 percent! Dates to 1890s with many improvements, heat is natural gas. Seller is licensed real estate salesperson. Very Good Condition

Last Agent to Sell the Property

Scott Varley

KW Platform License #30VA0727304 Listed on: 11/20/2020

KW Platform

Last Buyer's Agent

April Trudeau

Jandali Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25.5x121.10

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Apartment Living Space in Basement

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 19 / 8
  • Assessor Parcel Number 381700 90-8-19

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,900

Year Built

Built in 1890

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1890
  • Directions: From NY-7E, turn left onto 9TH STREET, turn left onto MIDDLEBURGH STREET, turn right on 6TH AVENUE
  • Above Grade Finished Sq Ft: 2496.0
  • Lot Size Acres: 0.07
  • Lot Size: 25.5x121.10
  • Sale Detail Seller Contribution: Yes
  • Senior Community YN: No Special Conditions
  • Insurance Expense Description: Estimated
  • Income And Expenses Maintenance Expense: 250.0
  • Water Sewer Expense Description: Estimated
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Apartment
  • Living Area: 2496.0
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Construction Type: Brick
  • Waterfront: No
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Space Heater, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Troy

Lot Info

  • Parcel #: 381700 90-8-19
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1600.0
  • Number Of Units Total: 3
  • Maintenance Expense: 250.0

Tax Info

  • Tax Annual Amount: 2900.0
  • Tax Block: 8
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Apr 8, 2021
Sold by
Troy Rental Holdings Llc
Bought by
Huang Kuo H
Seller's Agent
Scott Varley
KW Platform
Buyer's Agent
April Trudeau
Jandali Realty
List Price
$130,000
Sold Price
$127,500
Premium/Discount to List
-$2,500
-1.92%
Current Estimated Value
$168,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,060
Avg. Annual Appreciation
5.80%
Original Mortgage
$125,190
Outstanding Balance
$112,849
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$55,711

Purchase Details

Listed on
May 18, 2015
Closed on
Dec 22, 2015
Sold by
Mcintyre Charles
Bought by
Troy Rental Holding Llc
Seller's Agent
Lisa Walsh
Capital Tech Real Estate Group LLC
Buyer's Agent
Charles Passaro
VYLLA HOME
List Price
$49,000
Sold Price
$20,000
Premium/Discount to List
-$29,000
-59.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.84%

Purchase Details

Closed on
Mar 7, 2003
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Huang Kuo H $127,500 None Available
Troy Rental Holding Llc $20,000 Timothy J. Elliott
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Kuo H $125,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2021 04/08/21 Sold $127,500 -1.9% $51 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $130,000 0.0% $52 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $130,000 -7.1% $52 / Sq Ft
07/07/2020 07/07/20 For Sale $140,000 +600.0% $56 / Sq Ft
12/22/2015 12/22/15 Sold $20,000 -59.2% $8 / Sq Ft View Prior Sale
11/27/2015 11/27/15 Pending -- -- --
05/17/2015 05/17/15 For Sale $49,000 -- $20 / Sq Ft
Source: Global MLS

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 $3,363 $72,000 $8,800 $63,200
2023 $3,325 $72,000 $8,800 $63,200
2022 $3,579 $72,000 $8,800 $63,200
2021 $1,137 $72,000 $8,800 $63,200
2020 $1,658 $72,000 $8,800 $63,200
2019 $2,525 $72,000 $8,800 $63,200
2018 $2,525 $60,000 $8,800 $51,200
2017 $1,954 $60,000 $8,800 $51,200
2016 $2,582 $60,000 $8,800 $51,200
2015 -- $60,000 $8,800 $51,200
2014 -- $60,000 $8,800 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202021983

Global MLS

APN: 1700-090.55-8-19

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