Seller's Agent in 2023
Lyra Blumenthal
RE/MAX Benchmark Realty Group
(845) 728-9940
70 in this area
139 Total Sales
5 Bel Air Dr Wallkill, NY 12589
Estimated Value: $597,096 - $783,000
12
Beds
8
Baths
6,000
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- Panoramic View
- Deck
- Wood Flooring
- 10.9 Acre Lot
- Partially Wooded Lot
- Granite Countertops
About This Home
As of August 2023RARE OPPORTUNITY. FIRST TIME ON THE MARKET FOR THESE Two DUPLEX HOMES. Highly sought after, unlike anything in the area. Stunning portfolio -- many long term tenants with below market rent. Solidly built and well maintained, this collection of four side-by-side colonial homes delivers a total of six rental units on the same cul de sac. Each of the six units boasts 3,000 square feet of heated living space. Architecturally designed to maximize privacy, each home offers three bedrooms, 1.5 baths, first-floor laundry and a basement/or upper level bonus room. These properties are all in excellent condition and come with high-end finishes such as granite counters, ceramic tile and maple cabinetry. These three duplex homes represent an unmatched BUSINESS INVESTMENT. All separate utilities. TENANTS PAY ALL EXPENSES except lawn care. YOU WILL NOT FIND A BETTER SIDE-BY-SIDE MULTI-FAMILY INVESTMENT. Part of the desirable Wallkill school district, these properties are enhanced by ready access to the Hudson Valley's top outdoor recreation attractions, including Shawangunk ridge, rail trails/hiking, wineries/breweries, and farms.
Last Agent to Sell the Property
RE/MAX Benchmark Realty Group License #10301201617 Listed on: 02/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,500
Year Built
- Built in 1999 | Remodeled in 2023
Lot Details
- 10.9 Acre Lot
- No Common Walls
- Cul-De-Sac
- Level Lot
- Partially Wooded Lot
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 6,000 Sq Ft Home
- Entrance Foyer
- Formal Dining Room
- Wood Flooring
- Panoramic Views
- Finished Basement
Kitchen
- Eat-In Kitchen
- Granite Countertops
Bedrooms and Bathrooms
- 12 Bedrooms
- Powder Room
Parking
- Common or Shared Parking
- Parking Lot
- Off-Street Parking
- Unassigned Parking
Outdoor Features
- Deck
- Porch
Schools
- Leptondale Elementary School
- John G Borden Middle School
- Wallkill Senior High School
Utilities
- Zoned Cooling
- Baseboard Heating
- Heating System Uses Propane
- Well
- Septic Tank
Community Details
- 4 Units
- 6 Separate Electric Meters
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 334600.001.000-0002-012.100/0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2023
Closed on
Aug 3, 2023
Sold by
Hl Rentals Llc
Bought by
Veraja John H
Seller's Agent
Lyra Blumenthal
RE/MAX Benchmark Realty Group
Buyer's Agent
Rose Daversa
Hudson Valley Home Connection
List Price
$2,875,000
Sold Price
$1,150,000
Premium/Discount to List
-$1,725,000
-60%
Views
216
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$479,226
Avg. Annual Appreciation
-19.97%
Original Mortgage
$431,250
Outstanding Balance
$421,090
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$249,684
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Veraja John H | $575,000 | New Millennium Title Group |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Veraja John H | $431,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2023 08/03/23 | Sold | $1,150,000 | 0.0% | $192 / Sq Ft |
| 05/17/2023 05/17/23 | Price Changed | $1,150,000 | -33.3% | $192 / Sq Ft |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | Off Market | $1,725,000 | -- | -- |
| 04/13/2023 04/13/23 | Price Changed | $1,725,000 | +46.8% | $288 / Sq Ft |
| 04/13/2023 04/13/23 | Price Changed | $1,175,000 | -48.9% | $196 / Sq Ft |
| 03/25/2023 03/25/23 | Price Changed | $2,300,000 | -20.0% | $383 / Sq Ft |
| 02/15/2023 02/15/23 | For Sale | $2,875,000 | -- | $479 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $10,749 | $95,300 | $11,300 | $84,000 |
| 2023 | $10,749 | $95,300 | $11,300 | $84,000 |
| 2022 | $10,593 | $95,300 | $11,300 | $84,000 |
| 2021 | $11,008 | $95,300 | $11,300 | $84,000 |
| 2020 | $10,831 | $95,300 | $11,300 | $84,000 |
| 2019 | $10,395 | $95,300 | $11,300 | $84,000 |
| 2018 | $10,395 | $95,300 | $11,300 | $84,000 |
| 2017 | $10,652 | $95,300 | $11,300 | $84,000 |
| 2016 | $10,751 | $95,300 | $11,300 | $84,000 |
| 2015 | -- | $95,300 | $11,300 | $84,000 |
| 2014 | -- | $95,300 | $11,300 | $84,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lyra Blumenthal
-
Rose Daversa
Buyer's Agent in 2023
Rose Daversa
Hudson Valley Home Connection
(845) 541-1329
27 in this area
60 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6232175
APN: 334600-001-000-0002-012.200-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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