$975,000
SOLD FEB 26, 2024
6 Beds
8 Baths
3,300 Sq Ft
0.8 Acres

Recently Sold

$295 Per Sq Ft

11% Below List Price

47 Days on Market

Highlights

  • 0.8 Acre Lot
  • Deck
  • Park
  • George Washington Elementary School Rated A
  • Property is near public transit
  • Zoned Cooling

About This Home

As of February 2024

Attention investors! This 7 unit multi-family residence in Mohegan Lake is on the market! Multi-family home boasts beautiful Victorian style, full tenancy, large parking lot, as well as income-producing laundry room and storage basement. The property sits on .80 flat acres, providing potential for additions and expansions. Highways, shopping, restaurants, transportation, schools, and parks are within walking distance. Highly sought after area rental market. Don't miss out on this opportunity!

Last Agent to Sell the Property

Dominick Passafiume

Houlihan Lawrence Inc. Brokerage Phone: 914-361-1065 License #10401352022 Listed on: 10/10/2023

Last Buyer's Agent

Jack Lajqi

JL Capital Real Estate Corp License #10311209872

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,832

Year Built

  • Built in 1962 | Remodeled in 2021

Lot Details

  • 0.8 Acre Lot
  • No Common Walls

Parking

  • Parking Lot

Home Design

  • 3,300 Sq Ft Home
  • Frame Construction
  • HardiePlank Type

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Full Bathrooms

Schools

  • George Washington Elementary School
  • Lakeland-Copper Beech Middle Sch
  • Lakeland High School

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Septic Tank

Additional Features

  • Deck
  • Property is near public transit
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5400-015-015-00001-000-0021

Community Details

Recreation

  • Park

Additional Features

  • 7 Units
  • 9 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,832

Year Built

Built in 1962 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1962
  • Year Built Effective: 2021
  • Attribution Contact: 914-361-1065
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 8
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 3300
  • Owner Pays: Insurance
  • SquareFootage: 3300.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, HardiPlank Type
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: Zoned
  • Cooling: Yes
  • Heating: Oil, Baseboard, Hot Water
  • Sewer: Septic Tank
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 7

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 6900
  • Trash Expense: 2000

Schools

  • Middle School: Lakeland-Copper Beech Middle Sch

Lot Info

  • Lot Size Acres: 0.8
  • Lot Size Area: 0.8
  • Lot Size Sq Ft: 34848
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 5400-015-015-00001-000-0021
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 13500
  • Units Total: 7
  • Separate Electric Meters: 9
  • NumberOf1Bedrooms: 6
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 18832
  • Tax Map Number: 5400-015-015-00001-000-0021

MLS Schools

  • Elementary School: George Washington Elementary School
  • High School: Lakeland High School
  • Middle School District: Lakeland

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
02/26/2024 02/26/24 Sold $975,000 -11.0% $295 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $1,095,000 -- $332 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6268146

OneKey® MLS