NOT LISTED FOR SALE

3559 Route 32 Saugerties, NY 12477

2 Beds
1 Bath
3,775 Sq Ft
2.7 Acres

Last Sold December 17, 2013

Last sale price $307,000 $81 Per Sq Ft

57 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Wood Flooring
  • 2.7 Acre Lot
  • Cathedral Ceiling
  • No HOA

About This Home

As of December 2013

Solid apartment complex located just outside the Village of Saugerties & about 3 miles from NYS Thruway Exit 20. Two buildings with "4" two bedroom units in one & the other building having a 1 bedroom & a large 3 bedroom apartment. Current rents in the 2 unit building are well below market. Back 4 unit building has just been renovated on its interior & exterior, also new curtain drain & decks. Two new leach fields have also just been installed. Cap rate at asking price is 11% including vacancy.

Last Agent to Sell the Property

Greg Berardi

Win Morrison Realty-K Listed on: 09/09/2013

Last Buyer's Agent

Gail Short

Corcoran Country Living License #10301209214

Corcoran Country Living

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2.7 Acre Lot
  • Level Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Carpet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Grant Morse K-6 Elementary School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, repairs, taxes, trash collection
  • Legal Lot and Block 31 / 6

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $1,200
  • Insurance Expense $3,165
  • Supplies Expense $1,200
  • New Taxes Expense $8,851
  • Net Operating Income $36,807

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 2.7
  • Road Surface Type: Gravel
  • View Type:Pond View: Mountain(s), Panoramic, Other
  • Supplies Expense: 1200.0
  • Co List Office Phone: 845-339-9999
  • MLS Status: Closed
  • Master Plan Zoning: 02
  • Location Tax and Legal:Tax Block: 6
  • General Property Information Lot Size Acres: 2.7
  • General Property Information Lot Size Dimensions: Irregular
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling Ceiling Fan(s): Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 8851.0
  • Foundation Details Slab: Yes
  • Income And Expenses Cap Rate: 11.0
  • Gross Scheduled Income: 56280.0
  • General Property Information Stories2: 2
  • Attic Features Pull-Down Stairs: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • View:Mountain(s): Yes
  • Water Source:Well: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Structure Type:Quadruplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Eat-in Kitchen
  • Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Varies
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Stucco, Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes
  • View:Panoramic: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 200+ Amp Service
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 1560.0

Lot Info

  • Lot Features: Level
  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 117612.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Other
  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 1200.0
  • Insurance Expense: 3165.0
  • Net Operating Income: 36807.0

Tax Info

  • New Taxes Expense: 8851.0
  • Tax Block: 6
  • Tax Lot: 31

MLS Schools

  • Elementary School: Grant Morse K-6

Range of Values:

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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
12/17/2013 12/17/13 Sold $307,000 0.0% $81 / Sq Ft
12/01/2013 12/01/13 Rented $850 +3.0% --
12/01/2013 12/01/13 Under Contract -- -- --
11/05/2013 11/05/13 Pending -- -- --
10/08/2013 10/08/13 For Rent $825 0.0% --
09/09/2013 09/09/13 For Sale $329,000 +56.7% $87 / Sq Ft
06/14/2013 06/14/13 Sold $210,000 -30.0% $56 / Sq Ft
12/06/2012 12/06/12 For Sale $299,900 -- $79 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Berardi

    Seller's Agent in 2013

    Greg Berardi

    Win Morrison Realty-K

    (845) 389-7895

    10 in this area

    191 Total Sales

    Greg Berardi
    Section Image
  • Margaret Martino

    Seller Co-Listing Agent in 2013

    Margaret Martino

    Keller Williams Realty HV Nort

    (845) 532-3992

    20 Total Sales

    Margaret Martino
    Section Image
  • Gail Short

    Buyer's Agent in 2013

    Gail Short

    Corcoran Country Living

    (845) 594-6849

    2 in this area

    30 Total Sales

    Gail Short
    Section Image
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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20134334

Hudson Valley Catskills Region Multiple List Service
New York Ulster County Saugerties 12477

3559 Route 32, Saugerties, NY

This home is located at 3559 Route 32, Saugerties, NY 12477 since 09 September 2013. This property was built in 1986. 3559 Route 32 is a home located in Ulster County with nearby schools including Saugerties Senior High School and The Middle Way School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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