NOT LISTED FOR SALE

Estimated Value: $680,000 - $800,000

5 Beds
2 Baths
2,150 Sq Ft
$343/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $390,000 $181 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,057/month

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating
  • Suffern Middle School Rated A-

About This Home

As of January 2021

Great Investment opportunity! This 2 family is in a beautiful neighborhood, 2 minute walk to train station! Rents are below market, giving you an opportunity to bring up this rental for additional cash flow. Or you can live in 1 and rent out the other! Tenants pay all utilities and take care of everything, all you need to do is collect the rent! Huge walk up attic and huge empty basement, currently being used as storage! Everything is in great condition! Don't wait, this won't last!

Last Listed By

Yisroel Katz

eRealty Advisors, Inc License #10401317152 Listed on: 07/27/2020

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,992

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 2,150 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Montebello Road Elementary School
  • Suffern Middle School
  • Suffern Senior High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392607.054.043-0001-008.000/0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,992

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Suffern
  • Year Built: 1900
  • Attribution Contact: 845-639-0300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2150.00
  • Square Footage: 2150.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Montebello Road School
  • Middle School: Suffern Middle School
  • High School: Suffern Senior High School
  • Middle School: Suffern Middle School

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Area: 0.1100
  • Lot Size Sq Ft: 4792.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 392607.054.043-0001-008.000/0000
  • Property Attached: No

Rental Info

  • Hold Start Date: 2020-08-02
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2021-01-11
  • Tax Annual Amount: 10992.00
  • Tax Map Number: 392607.054.043-0001-008.000/0000

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Montebello Road School
  • High School: Suffern Senior High School
  • Middle School District: Ramapo-Suffern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Dec 21, 2020
Sold by
Yorrick David and Yorrick Sobeyda
Bought by
Lowy Eidel
Seller's Agent
Yisroel Katz
eRealty Advisors, Inc
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Total Days on Market
0
Current Estimated Value
$738,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,470
Avg. Annual Appreciation
15.62%
Original Mortgage
$292,500
Outstanding Balance
$263,987
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$474,483

Purchase Details

Closed on
Jan 12, 2005
Sold by
Rickle Donald V
Bought by
Yorrick David and Yorrick Sobeyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Suffern, NY

  • 59 E Maple Ave, Suffern, NY 10901

    $649,999

    • 5 Beds
    • 2.5 Baths
    • 2,847 Sq Ft
    • 59 E Maple Ave
    • Suffern, NY

    Amazing Opportunity to own this two family home in the heart of Suffern! Two spacious units. Upstairs unit has private entrance through the front of the house. Stairs lead up to beautiful eat-in kitchen with cream cabinets. Living room, bathroom, and Primary bedroom on main floor with additional two bedrooms on upper level of this duplex. Washer and dryer in unit. Lower unit, enter through

    Rachel Baruchov Platinum Realty Associates

    Section Image
  • 36 Wayne Ave, Suffern, NY 10901

    $799,000

    • 6 Beds
    • 3 Baths
    • 2,809 Sq Ft
    • 36 Wayne Ave
    • Suffern, NY

    Welcome to the heart of Suffern where you’ll find this freshly painted multi family home dating back to late 1800's with so much history. This multi family home gives you many options, live in the main unit with high ceilings, hardwood floors, 5 bedrooms (plus bonus room) whilst renting out the other 2 units and restore this home back to its true potential or rent out all units as a great

    Andrea Daniels Howard Hanna Rand Realty

    Section Image
  • 64 Prairie Ave, Suffern, NY 10901

    $699,000

    • 3 Beds
    • 2 Baths
    • 64 Prairie Ave
    • Suffern, NY

    This fully renovated two-family home in downtown Suffern offers the perfect blend of comfort, style, and convenience. The location is ideal for commuters, providing easy access to nearby transportation, schools, and shopping. Both units have been fully updated with modern finishes.Unit 1 features:• 2 bedrooms and 1 full bath• Gorgeous hardwood floors throughout• Open concept living area, leading

    Jodi Anton Coldwell Banker Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lowy Eidel $510,000 First American Title
Yorrick David $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowy Eidel $292,500
Previous Owner Yorrick David $380,000
Previous Owner Yorrick David $318,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $390,000 0.0% $181 / Sq Ft
08/02/2020 08/02/20 Off Market $390,000 -- --
07/27/2020 07/27/20 For Sale $399,000 -- $186 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
Source: OneKey® 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
2023 $10,938 $31,400 $7,400 $24,000
2022 $10,710 $31,400 $7,400 $24,000
2021 $10,710 $31,400 $7,400 $24,000
2020 $13,815 $31,400 $7,400 $24,000
2019 $12,449 $31,400 $7,400 $24,000
2018 $12,449 $31,400 $7,400 $24,000
2017 $12,084 $31,400 $7,400 $24,000
2016 $11,689 $31,400 $7,400 $24,000
2015 -- $31,400 $7,400 $24,000
2014 -- $31,400 $7,400 $24,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6055121

OneKey® MLS

APN: 392607-054-043-0001-008-000-0000