NOT LISTED FOR SALE

38 van Deusen St Kingston, NY 12401

4 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $270,000

25 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Garden
  • Kingston High School Rated A-
  • Community Playground
  • 4-minute walk to Barmann Park

About This Home

As of December 2020

Solid 4-family home full rented and nicely renovated.  Each unit is very similar in size and condition.  1 bedroom and 1 bath in each unit, 2 units on the fist floor and 2 units on the second floor.  There is a walk up attic in the one second floor unit offering great finished storage.  Cap rate at asking price is 9.05% with all expenses and a 5% vacancy rate and 5% repairs and maintenance.  There is one natural gas boiler (owner pays heat) and then 4 electric hot water heater. Tenants pays their own electric, hot water and rent. Owner pays the heat, water/sewer/lawn/snow and general maintenance.

Last Agent to Sell the Property

Greg Berardi

Win Morrison Realty-K Listed on: 08/18/2020

Last Buyer's Agent

Lisa Holden

Past Member License #10401292974

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 100x25
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Garden

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Attic

  • Storage In Attic
  • Permanent Attic Stairs

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Schools

  • Edson K-4 Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for gas, insurance, sewer, taxes, water
  • Legal Lot and Block 14 / 1

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $1,566
  • Fuel Expense $3,197
  • Insurance Expense $2,864
  • Manager Expense $2,400
  • New Taxes Expense $8,296
  • Net Operating Income $24,879

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 0.06
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-339-9999
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Dimensions: 100x25
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 8296.0
  • Income And Expenses Cap Rate: 9.0
  • Gross Scheduled Income: 48000.0
  • Income And Expenses Fuel Expense: 3197.0
  • Fencing:Partial2: Yes
  • Manager Expense: 2400.0
  • General Property Information Stories2: 2
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Interior Amenities: Eat-in Kitchen, Other
  • Basement: Full
  • Flooring: Carpet
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:Playground2: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Storage Only: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Garden, Landscaped, Level
  • Lot Dimensions: 100x25
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: Com
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Insurance, Sewer, Taxes, Water, Other
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 1566.0
  • Insurance Expense: 2864.0
  • Resident Manager Expense: 2400.0
  • Net Operating Income: 24879.0

Tax Info

  • New Taxes Expense: 8296.0
  • Tax Block: 1
  • Tax Lot: 14

MLS Schools

  • Elementary School: Edson K-4

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
12/30/2020 12/30/20 Sold $270,000 -3.5% --
09/11/2020 09/11/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $279,900 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20203317

Hudson Valley Catskills Region Multiple List Service