NOT LISTED FOR SALE

4 Simmons St Saugerties, NY 12477

9 Beds
6 Baths
-- Sq Ft
41,382 Sq Ft Lot

Last Sold December 21, 2015

Last sale price $285,000

51 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Laundry Facilities
  • Eat-In Kitchen
  • 2 Car Garage
  • Carpet

About This Home

As of December 2015

BUILT SPECIFICALLY AS A 5 UNIT, WELL MAINTAINED & CONVENIENTLY LOCATED TO VILLAGE OF SAUGERTIES & KINGSTON JUST OFF ROUTE 9W ON SIMMONS STREET IN BARCLAY HEIGHTS AREA OF SAUGERTIES, THIS MULTI-FAMILY AFFORDS 5 WELL APPOINTED APARTMENTS. LAUNDRY W/ 2 WASHERS & 2 DRYERS BRINGS IN $1440/YEAR IN REVENUE TO LANDLORD. OWNER PAYS FOR WATER, SEWER, TAXES, LANDSCAPING & SNOW PLOWING, GARBAGE REMOVAL, & REPAIRS & MAINTENANCE. TENANTS PAY ELECTRIC. STRIPED ASPHALT PARKING LOT FOR TENANTS & GUESTS. SEPARATE 2 CAR OVER SIZED GARAGE COULD BE RENTED FOR ADDITIONAL INCOME.

Last Agent to Sell the Property

unknownagent unknownagent

unknownoffice Listed on: 10/29/2015

Last Buyer's Agent

Michel Spinelli Kraft

Past Member License #10301201195

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.95

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof

Kitchen

  • Eat-In Kitchen
  • Range

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Permanent Attic Stairs

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Carpet
  • 41,382 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, management, repairs, sewer, taxes, trash collection, water
  • Legal Lot and Block 22.100 / 5

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $2,640
  • Insurance Expense $1,986
  • New Taxes Expense $9,016
  • Net Operating Income $21,716

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.95 Acres

Parking

2

Listing Details

  • Year Built: 1960
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.95
  • Road Surface Type: Asphalt
  • MLS Status: Closed
  • Master Plan Zoning: R1
  • Location Tax and Legal:Tax Block: 5
  • General Property Information Lot Size Acres: 0.95
  • General Property Information Lot Size Dimensions: IRREGULAR
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 9016.0
  • Income And Expenses Cap Rate: 6.0
  • Gross Scheduled Income: 41058.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Structure Type Multi Family: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Washer, Refrigerator, Range, Electric Water Heater, Dryer
  • Interior Amenities: Eat-in Kitchen
  • Basement: Concrete, Exterior Entry, Full, Interior Entry, Unfinished
  • Fireplace: No
  • Flooring: Carpet
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Storage Only: Yes
  • Basement:Concrete: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Basement:Exterior Entry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Laundry: Yes

Fee Information

  • Trash Expense: 1800.0

Lot Info

  • Lot Dimensions: IRREGULAR
  • Lot Size Sq Ft: 41382.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Management, Repairs, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 2640.0
  • Insurance Expense: 1986.0
  • Net Operating Income: 21716.0
  • Income And Expenses Other Income: 3840.0

Tax Info

  • New Taxes Expense: 9016.0
  • Tax Block: 5
  • Tax Lot: 22.100
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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
12/21/2015 12/21/15 Sold $285,000 -18.6% --
12/18/2015 12/18/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $350,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

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 $10,646 $456,000 $68,000 $388,000
2023 $9,851 $400,000 $68,000 $332,000
2022 $10,433 $365,000 $68,000 $297,000
2021 $10,376 $325,500 $61,500 $264,000
2020 $10,199 $293,000 $55,000 $238,000
2019 $9,269 $293,000 $55,000 $238,000
2018 $9,664 $279,000 $55,000 $224,000
2017 $9,387 $263,000 $55,000 $208,000
2016 $7,761 $263,000 $55,000 $208,000
2015 -- $255,000 $55,000 $200,000
2014 -- $245,000 $54,000 $191,000
Source: Public Records

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20155139

Hudson Valley Catskills Region Multiple List Service
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