NOT LISTED FOR SALE

4 Edgewater Ln Nyack, NY 10960

Estimated Value: $890,709 - $1,177,000

6 Beds
4 Baths
2,500 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $575,000 $230 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,597/month

29 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Walk-In Closet
  • Nyack Senior High School Rated A
  • Formal Dining Room
  • Park

About This Home

As of December 2017

Excellent opportunity. Well kept, two-family income producing property in top South Nyack neighborhood. Each spacious, two-story apartment has approximately 1500 sq ft of living space with 3 bedrooms, 1.1 baths, full basement, laundry and outstanding river and bridge views. Additional features include hardwood floors throughout, lots of closets and central air. Each side is a mirror image of the other and both have a strong rental history. Limitless possibilities. Buy as an excellent cash flow positive investment, live in one side and have your tenant pay almost all of your housing expenses or convert to a stunning single family home. Quite location and an easy walk town yet close to all major roadways and public transportation. Call now.

Last Agent to Sell the Property

Donna Cox

Howard Hanna Rand Realty Brokerage Phone: 845-358-7171 License #10301201214 Listed on: 09/12/2017

Howard Hanna Rand Realty

Last Buyer's Agent

Frank Mancione

Lydecker Realty Corp License #30MA0650718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,817

Year Built

  • Built in 1963 | Remodeled in 2000

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts an easement
  • No Common Walls
  • Level Lot

Home Design

  • Frame Construction
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,500 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Location

  • Property is near public transit

Schools

  • Upper Nyack Elementary School
  • Nyack Middle School
  • Nyack Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 392407.066.070-0002-017.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,817

Year Built

Built in 1963 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1963
  • Year Built Effective: 2000
  • Attribution Contact: 845-358-7171
  • Village: South Nyack
  • Hamlet: South Nyack
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2000

Interior Features

  • Interior Amenities: Formal Dining, Powder Room, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Living Area: 2500
  • Owner Pays: Insurance
  • SquareFootage: 2500.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Frame, Wood Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage: No
  • Parking Description: Carport, Driveway

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 4200
  • Other Expense: 233

Schools

  • Middle School: Nyack Middle School

Lot Info

  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Dimensions: 0.2000
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Lot Features: Easement, Level, Near Public Transit
  • Parcel Number: 392407.066.070-0002-017.000/0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 17817
  • Tax Map Number: 392407.066.070-0002-017.000/0000
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Upper Nyack School
  • High School: Nyack Senior High School
  • Middle School District: Nyack

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Dec 13, 2017
Sold by
4 Edgewater Llc
Bought by
Travers Cameron and Travers Allison
Seller's Agent
Donna Cox
Howard Hanna Rand Realty
Buyer's Agent
Frank Mancione
Lydecker Realty Corp
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Current Estimated Value
$903,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,766
Avg. Annual Appreciation
4.96%
Original Mortgage
$460,000
Outstanding Balance
$390,885
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$442,739

Purchase Details

Closed on
May 22, 2012
Sold by
Mcguinness Deborah Lynn and Larson Dorothy M
Bought by
4 Edgewater Llc

Purchase Details

Closed on
Nov 30, 1999
Sold by
Larson Kenneth and Larson Dorothy
Bought by
Larson Dorothy
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Travers Cameron $575,000 Jade New York Title
4 Edgewater Llc -- None Available
Larson Dorothy -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Travers Cameron $460,000
Closed Travers Cameron $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2017 12/13/17 Sold $575,000 +4.5% $230 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $550,000 -- $220 / Sq Ft
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 $19,787 $229,000 $63,500 $165,500
2022 $17,140 $229,000 $63,500 $165,500
2021 $17,140 $229,000 $63,500 $165,500
2020 $15,608 $229,000 $63,500 $165,500
2019 $15,690 $229,000 $63,500 $165,500
2018 $11,240 $229,000 $63,500 $165,500
2017 $14,235 $229,000 $63,500 $165,500
2016 $14,235 $229,000 $63,500 $165,500
2015 -- $229,000 $63,500 $165,500
2014 -- $229,000 $63,500 $165,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4741063

OneKey® MLS

APN: 392407-066-070-0002-017-000-0000