NOT LISTED FOR SALE

50 42 Nd St Unit 10 Kerhonkson, NY 12446

Kerhonkson Area
-- Bed
-- Bath
-- Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: February 13, 2020

Last sale price $325,000

70 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Kerhonkson Rail Trail
  • Home fronts a stream

About This Home

As of February 2020

Calling all investors... 10 unit apt. building on the Rondout Creek and within walking distance to town and bus route. Many recent improvements including a new boiler, the purchase of an additional land made into a parking lot. Additional information.. Apt 7... 1 BR... $675 Apt 8... 1 BR ...$600 Apt 9... 1 BR ...$675 Apt 10...1 BR ..$650

Last Agent to Sell the Property

Nick Carelli

Past Member License #1030120885 Listed on: 09/11/2019

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 21,780 Sq Ft Lot
  • Home fronts a stream

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Metal Roof
  • Clapboard

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Kerhonkson Pre K-3 Elementary School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Range with Range Hood
  • Partial Basement

Listing and Financial Details

  • The owner pays for insurance, management, oil, repairs, sewer, taxes, trash collection, water
  • Legal Lot and Block 38&39 / 4

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Electric Expense $1,007
  • Fuel Expense $12,996
  • Insurance Expense $12,312
  • Manager Expense $4,236
  • Supplies Expense $300
  • New Taxes Expense $10,382
  • Net Operating Income $36,091

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.5 Acres

Listing Details

  • Year Built: 1980
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.5
  • Road Surface Type: Gravel
  • Water Body Name: RONDOUT CREEK
  • Supplies Expense: 300.0
  • Co List Office Phone: 845-340-1920
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Lot Size Dimensions: irreg
  • Electric:Circuit Breakers: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 10382.0
  • Income And Expenses Cap Rate: 9.0
  • Gross Scheduled Income: 87000.0
  • Income And Expenses Fuel Expense: 12996.0
  • Manager Expense: 4236.0
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Roof:Metal2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Road Surface Type Gravel2: Yes
  • Roof:RolledHot Mop: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Refrigerator, Range Hood, Range
  • Basement: Partial
  • Fireplace: No
  • Flooring: Varies
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Roof: Asphalt, Metal, Rolled/Hot Mop, Shingle
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Construction Type: Clapboard, Frame
  • Other Structures: None
  • Construction Materials:Frame: Yes
  • Construction Materials:Clapboard: Yes
  • Waterfront Features:Stream: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Heating: Baseboard, Oil
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 2496.0

Lot Info

  • Lot Dimensions: irreg
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 10
  • Electric Expense: 1007.0
  • Insurance Expense: 12312.0
  • Resident Manager Expense: 4236.0
  • Net Operating Income: 36091.0

Tax Info

  • New Taxes Expense: 10382.0
  • Tax Block: 4
  • Tax Lot: 38&39

MLS Schools

  • Elementary School: Kerhonkson Pre K-3

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

Closed on
Oct 20, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 11, 2019
Closed on
Feb 10, 2020
Sold by
Bought by
Seller's Agent
Nick Carelli
Past Member
Buyer's Agent
NON MLS OFFICE
Anderson Agency
List Price
$395,000
Sold Price
$325,000
Premium/Discount to List
-$70,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
$585,000 None Available
$325,000 None Available
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 $598,000
Previous Owner $243,750
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
02/13/2020 02/13/20 Sold $325,000 -17.7% --
11/20/2019 11/20/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $395,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

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 $11,343 $310,000 $30,100 $279,900
2024 $10,927 $310,000 $30,100 $279,900
2023 $11,262 $310,000 $30,100 $279,900
2022 $11,746 $310,000 $30,100 $279,900
2021 $11,746 $310,000 $30,100 $279,900
2020 $11,026 $310,000 $30,100 $279,900
2019 $10,155 $310,000 $30,100 $279,900
2018 $10,452 $310,000 $30,100 $279,900
2017 $10,176 $310,000 $30,100 $279,900
2016 $10,179 $310,000 $30,100 $279,900
2015 -- $310,000 $30,100 $279,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20193922

Hudson Valley Catskills Region Multiple List Service

APN: 515689 76.13-4-38.100

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