NOT LISTED FOR SALE
-- Bed
-- Bath
784 Sq Ft
2.22 Acre Lot

Sale Details

Date Sold: March 2, 2022

Last sale price $425,000 $542 Per Sq Ft

127 Days on Market

Highlights

  • 2.22 Acre Lot
  • Partially Wooded Lot
  • Park
  • Property is near public transit
  • Corner Lot
  • Forced Air Heating System

About This Home

As of March 2022

Colden Acres MHP, a 10 unit lot rent only Mobile Home Park is now available to investors through KW Commercial. Situated on 2.22 acres just off of NYS Route 9W, the park is conveniently located to Poughkeepsie, New Paltz, Kingston and Newburgh. With no park owned homes, this investment opportunity is turn key and easy for a new investor to step into without the burden of landlord repairs and maintenance responsibilities on the homes. With a community septic, and well water that pumps into a 500 gallon holding tank, this park is set up and operating efficiently with low landlord maintenance. The water is sub metered at each home and usage is billed back to tenants. With $63,000/year of potential rental income, and using a 30% operating expense ratio the park has a NOI of $44,520.

Last Agent to Sell the Property

Leigh Wagner-Quintana

KW Hudson Valley North License #10301217227 Listed on: 07/26/2021

Co-Listed By

Nathan Kanney

KW Hudson Valley North License #10401295356

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,265

Year Built

  • Built in 1992

Lot Details

  • 2.22 Acre Lot
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • Assigned Parking

Home Design

  • 784 Sq Ft Home

Location

  • Property is near public transit

Schools

  • Highland Elementary School
  • Highland Middle School
  • Highland High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, water
  • Assessor Parcel Number 513200.095.004-0001-012.000/0000

Community Details

Overview

  • 10 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,265

Year Built

Built in 1992

Lot Details

2.22 Acres

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1992
  • Attribution Contact: 845-481-2700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 784.00
  • Square Footage: 784.00

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Other
  • Heating: Other, Forced Air
  • Hot Water: See Remarks
  • Sewer: Public Sewer
  • Water Source: See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No
  • Other Expense: 960.00
  • Trash Expense: 1512.00

Schools

  • Middle School: Highland Middle School

Lot Info

  • Lot Size Acres: 2.2200
  • Lot Size Sq Ft: 96703.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Partly Wooded, Near Public Transit
  • Parcel Number: 513200.095.004-0001-012.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, See Remarks, Water

Tax Info

  • Close Date: 2022-03-02
  • Tax Annual Amount: 9265.00
  • Tax Map Number: 513200.095.004-0001-012.000/0000

Multi Family

  • Units Total: 10

MLS Schools

  • Elementary School: Highland Elementary School
  • High School: Highland High School
  • Middle School District: Highland

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Feb 22, 2022
Sold by
Bought by
Seller's Agent
Leigh Wagner-Quintana
KW Hudson Valley North
List Price
$515,000
Sold Price
$425,000
Premium/Discount to List
-$90,000
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
0.0355%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 None Available
$200,250 --
-- --
$190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $425,000 -17.5% $542 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $515,000 -- $657 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,263 $278,100 $196,000 $82,100
2024 $10,147 $278,100 $196,000 $82,100
2023 $9,988 $278,100 $196,000 $82,100
2022 $9,709 $278,100 $196,000 $82,100
2021 $9,709 $278,100 $196,000 $82,100
2020 $9,262 $278,100 $196,000 $82,100
2019 $8,906 $278,100 $196,000 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6133157

OneKey® MLS
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