NOT LISTED FOR SALE

42 First Ave Kingston, NY 12401

Estimated Value: $405,000 - $562,000

6 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold April 11, 2018

Last sale price $235,000

Est. 112% increase in value since last sale

Current estimated payment $3,573/month

49 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Landscaped
  • Kingston High School Rated A-
  • No HOA
  • 1 Car Garage

About This Home

As of April 2018

Check this meticulous money maker out.. All 3 units are spacious with high ceilings and updated to boot. 3rd floor is being used as a 3 bedroom even though it is a two bedroom. 2nd floor has an inclination that is staying. All units do have a huge living room and a dining room. First floor is owner occupied and has rented for $1350.. First floor includes the one car garage, off street parking, full basement and yard. Nicely landscaped with new front porch. Roof is close to 10 years old. Owner pays oil, taxes, water, insurance and maintenance . Tenants pay electric. So close to the Rondout, Poughkeepsie, Broadway and uptown Kingston. This has a 10% cap rate.. Check it out.

Last Agent to Sell the Property

Jeanne Boice

Howard Hanna Rand Realty License #40BO1108923 Listed on: 02/02/2018

Howard Hanna Rand Realty

Last Buyer's Agent

Irena Wisneski

Past Member License #10401299479

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,372

Year Built

  • Built in 1870

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35 x 110
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding

Flooring

  • Wood
  • Carpet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Range
  • Basement Fills Entire Space Under The House
  • Deck
  • City Lot

Listing and Financial Details

  • The owner pays for gas, insurance, oil, sewer, taxes, water
  • Legal Lot and Block 1 / 8

Community Details

Overview

  • No Home Owners Association

Building Details

  • Fuel Expense $3,800
  • Insurance Expense $1,100
  • New Taxes Expense $7,069
  • Net Operating Income $27,931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,372

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1870
  • Property Sub-Type: Triplex
  • Lot Size Acres: 0.08
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 8
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Dimensions: 35 X 110
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 7069.0
  • Income And Expenses Cap Rate: 10.0
  • Gross Scheduled Income: 39330.0
  • Income And Expenses Fuel Expense: 3800.0
  • Fencing:Partial2: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • RoofRubber: Yes
  • Fencing:Chain Link: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Basement: Full, Unfinished
  • Flooring: Carpet, Hardwood
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Rubber, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Patio And Porch Features: Deck
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Assigned
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Oil, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Oil: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Landscaped, Level
  • Lot Dimensions: 35 X 110
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1100.0
  • Net Operating Income: 27931.0

Tax Info

  • New Taxes Expense: 7069.0
  • Tax Block: 8
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Apr 11, 2018
Sold by
Schonger Stacey M
Bought by
Reznikov Yurii and Reznikova Oksana
Seller's Agent
Jeanne Boice
Howard Hanna Rand Realty
Buyer's Agent
Irena Wisneski
Past Member
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$498,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,944
Avg. Annual Appreciation
10.49%
Original Mortgage
$176,250
Outstanding Balance
$103,597
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,347

Purchase Details

Closed on
Mar 19, 2009
Sold by
Williams Violet
Bought by
Schonger Stacey

Purchase Details

Closed on
Aug 29, 1996
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
Reznikov Yurii $235,000 --
Schonger Stacey -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reznikov Yurii $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $235,000 -6.0% --
03/23/2018 03/23/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $249,900 -- --
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 $11,372 $213,000 $19,000 $194,000
2023 $11,286 $213,000 $19,000 $194,000
2022 $10,957 $213,000 $19,000 $194,000
2021 $10,957 $213,000 $19,000 $194,000
2020 $7,470 $213,000 $19,000 $194,000
2019 $4,410 $213,000 $19,000 $194,000
2018 $7,006 $203,000 $18,000 $185,000
2017 $6,358 $203,000 $18,000 $185,000
2016 $6,331 $203,000 $18,000 $185,000
2015 -- $203,000 $18,000 $185,000
2014 -- $203,000 $18,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20180309

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.027-0008-001.000-0000