$205,000
SOLD SEP 30, 2021

402 Hasbrouck Ave Kingston, NY 12401

-- Bed
-- Bath
1,092 Sq Ft
4,251 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

40 Days on Market

About This Home

As of September 2021

Renovated and well maintained brick two family is currently master leased to a not-for-profit organization who tenants the property and pays rent. CPI increases. Leased through 02/28/2023 Tenant pays electric and gas, Landlord pays taxes, insurance and water/sewer. Great investment opportunity, has been leased by same master tenant since 2013.

Last Agent to Sell the Property

Thomas Collins

SVN Deegan-Collins Commercial License #10491205234 Listed on: 06/25/2021

SVN Deegan-Collins Commercial

Last Buyer's Agent

Eliana Amodio

Amodio Real Estate & Prop License #10491210737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,620

Year Built

  • Built in 1900

Lot Details

  • 4,251 Sq Ft Lot
  • Lot Dimensions are 49 x 86

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, water
  • Legal Lot and Block 14 / 6

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,227
  • Manager Expense $1,300
  • New Taxes Expense $4,365
  • Net Operating Income $15,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,620

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-339-9100
  • MLS Status: Closed
  • Master Plan Zoning: C-3
  • Location Tax and Legal:Tax Block: 6
  • General Property Information Lot Size Acres: 0.0976
  • General Property Information Lot Size Dimensions: 49 x 86
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 4365.36
  • Income And Expenses Cap Rate: 8.0
  • Gross Scheduled Income: 28018.0
  • Manager Expense: 1300.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 49 x 86
  • Lot Size Sq Ft: 4251.46
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Water
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1227.0
  • Resident Manager Expense: 1300.0
  • Net Operating Income: 15400.0

Tax Info

  • New Taxes Expense: 4365.36
  • Tax Block: 6
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 28, 2021
Sold by
Hasbrouck Associates Llc
Bought by
Innovenable Llc
Seller's Agent
Thomas Collins
SVN Deegan-Collins Commercial
Buyer's Agent
Eliana Amodio
Amodio Real Estate & Prop
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$308,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,657
Avg. Annual Appreciation
11.03%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Jan 13, 2013
Sold by
Sawyer Savings Bank
Bought by
Hasbrouck Assoc Llc
Seller's Agent
Jeanne Boice
Howard Hanna Rand Realty
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
May 16, 1995
Sold by
Wood Alfred P
Bought by
Davis George and Davis Patricia
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $205,000 None Available
Deed -- --
Land Contract $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $104,500 Unknown
Previous Owner $90,000 Unknown
Previous Owner $61,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $205,000 0.0% $188 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $205,000 +95.2% $188 / Sq Ft
01/18/2013 01/18/13 Sold $105,000 -8.7% $96 / Sq Ft
12/30/2012 12/30/12 Pending -- -- --
12/07/2012 12/07/12 For Sale $115,000 -- $105 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $6,620 $124,000 $17,000 $107,000
2023 $6,570 $124,000 $17,000 $107,000
2022 $6,378 $124,000 $17,000 $107,000
2021 $6,378 $124,000 $17,000 $107,000
2020 $4,349 $124,000 $17,000 $107,000
2019 $2,567 $124,000 $17,000 $107,000
2018 $4,356 $118,000 $16,000 $102,000
2017 $4,120 $112,000 $16,000 $96,000
2016 $4,105 $112,000 $16,000 $96,000
2015 -- $109,000 $16,000 $93,000
2014 -- $109,000 $16,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20212383

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.026-0006-014.000-0000