NOT LISTED FOR SALE

3686 State Route 145 Cobleskill, NY 12043

6 Beds
4 Baths
1,450 Sq Ft
1.01 Acres

Last Sold February 01, 2024

Last sale price $200,000 $138 Per Sq Ft

5 Days on Market

Highlights

  • 1.01 Acre Lot
  • Corner Lot
  • Porch
  • Valley View
  • No HOA
  • Bathroom on Main Level

About This Home

As of February 2024

Well establish four-unit multifamily property on a beautiful 1-acre corner lot. Conveniently located between Cobleskill and Middleburgh. Each unit has separate utilities, ample off-street parking. Gross rental income of $33,660 with a NOI of $21,600. Low operating expenses. Great opportunity to expand your investment portfolio. Don't miss out!

Last Agent to Sell the Property

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 10/19/2023

Last Buyer's Agent

David Bouyea

Coldwell Banker Prime Properties License #10401378182

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1960

Lot Details

  • 1.01 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Cleared Lot

Home Design

  • Quadruplex
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Valley Views
  • Apartment Living Space in Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 100 Amp Service
  • Drilled Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Insurance Expense $1,450

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity
  • The owner pays for trash collection, snow removal
  • Legal Lot and Block 21 / 3
  • Assessor Parcel Number 69.-3-21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,150

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Electric Expense: 360.0
  • Year Built: 1960
  • Directions: Off Exit 22 on I-88, take a left on NY-145 S and follow for about 1 mile, property will be on the left just before Snyder Brothers Rd
  • Above Grade Finished Sq Ft: 1450.0
  • Financial Details General Taxes: 2055.28
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3094.49
  • School Taxes Description: Actual
  • Lot Size Acres: 1.01
  • New Construction: No
  • Parking Features Parking Total: 10.0
  • Sale Detail Seller Contribution: No
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Income And Expenses Maintenance Expense: 1683.0
  • Income And Expenses Miscellaneous Expense: 1710.0
  • Miscellaneous Expense Description: Estimated
  • Rental Income: 33660.0
  • Rental Income Description: Estimated
  • Income: 33660.0
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Flooring:Laminate: Yes
  • Foundation Details:Block2: Yes
  • View:Valley: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: Apartment
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1400.0
  • Living Area: 1450.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: Basement
  • Bathroom Levels Full Bathroom 4: Basement
  • Owner Pays: Trash Collection, Snow Removal
  • Attic Features:Eaves: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal
  • Construction Type: Vinyl Siding
  • Fencing: None
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • View: Valley
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Road Frontage: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 10.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Utilities: Cable Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Electric, Hot Water, Natural Gas
  • Water Source: Drilled Well
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 3 Amenities:Cable Available5: Yes
  • Unit 4 Amenities:Cable Available6: Yes

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Landscaped, Road Frontage, Views, Cleared, Corner Lot
  • Parcel #: 69.-3-21
  • Lot Size Sq Ft: 43995.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 1450.0
  • Maintenance Expense: 1683.0

Tax Info

  • Tax Annual Amount: 5149.77
  • Tax Block: 3
  • Tax Lot: 21

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/01/2024 02/01/24 Sold $200,000 +0.1% $138 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $199,900 -- $138 / Sq Ft
Source: Global 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 $5,248 $115,500 $12,300 $103,200
2023 $5,128 $115,500 $12,300 $103,200
2022 $5,183 $115,500 $12,300 $103,200
2021 $5,195 $115,500 $12,300 $103,200
2020 $5,108 $115,500 $12,300 $103,200
2019 $5,000 $115,500 $12,300 $103,200
2018 $5,000 $115,500 $12,300 $103,200
2017 $5,089 $115,500 $12,300 $103,200
2016 $4,983 $115,500 $12,300 $103,200
2015 -- $115,500 $12,300 $103,200
2014 -- $115,500 $12,300 $103,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202326832

Global MLS

APN: 432689 69.-3-21