501 E Franklin St Unit 503 Endicott, NY 13760
Estimated payment $86,880/month
Highlights
- Deck
- Wood Flooring
- 54 Car Attached Garage
- Cathedral Ceiling
- Cul-De-Sac
- Walk-In Closet
About This Home
Discover this premier development in Endicott, an unrivaled investment opportunity in Broome County. Featuring 54 units of 55+ housing, Skye View Heights is ready for new owners. Invest now in this growing asset class; the need for adult independent living will only continue to rise. These communities have very low vacancy rates nationwide, and Skye View Heights is no exception. Pristine units boast renovated interior spaces, modern kitchens and baths, laundry, private garages, fireplaces, patios, spacious bedrooms and more. A stable clientele call these buildings home, and owners report no evictions, but rather have a waiting list for occupants. Between the current performance, ability to increase income, and additional development parcels available, this one is a home run.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $214,139
Year Built
- Built in 2012
Lot Details
- Lot Dimensions are 500 x 500
- Cul-De-Sac
- Landscaped
- Level Lot
Parking
- 54 Car Attached Garage
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 59,800 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Insulated Windows
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 90 Bedrooms
- Walk-In Closet
- 90 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Open Patio
Schools
- Ann G. Mcguinness Elementary School
Utilities
- Forced Air Heating and Cooling System
- Municipal Utilities District
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- 54 Separate Electric Meters
- 54 Separate Gas Meters
- Insurance Expense $42,117
- Maintenance Expense $43,102
- Water Sewer Expense $364
- Gross Income $1,283,100
- Net Operating Income $789,096
Map
Home Values in the Area
Average Home Value in this Area
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 | $55,933 | $236,300 | $15,000 | $221,300 |
2023 | $55,933 | $236,300 | $15,000 | $221,300 |
2022 | $55,933 | $236,300 | $15,000 | $221,300 |
2021 | $55,933 | $236,300 | $15,000 | $221,300 |
2020 | $0 | $236,300 | $15,000 | $221,300 |
2019 | $0 | $236,300 | $15,000 | $221,300 |
2018 | $0 | $129,601 | $15,000 | $114,601 |
2017 | $0 | $76,651 | $11,400 | $65,251 |
2016 | $0 | $32,851 | $11,400 | $21,451 |
2015 | -- | $16,401 | $11,400 | $5,001 |
2014 | -- | $16,401 | $11,400 | $5,001 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/15/2025 05/15/25 | For Sale | $12,499,900 | 0.0% | $209 / Sq Ft |
01/28/2015 01/28/15 | Rented | $12,600 | +908.0% | -- |
12/29/2014 12/29/14 | Under Contract | -- | -- | -- |
11/07/2014 11/07/14 | For Rent | $1,250 | -90.1% | -- |
05/07/2014 05/07/14 | Rented | $12,600 | +908.0% | -- |
04/07/2014 04/07/14 | Under Contract | -- | -- | -- |
02/04/2014 02/04/14 | For Rent | $1,250 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $330,000 | None Available | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Deed | $11,970 | None Available | |
Not Resolvable | $13,500 | None Available | |
Deed | -- | None Available | |
Deed | $102,860 | Frederick Xlander | |
Deed | -- | Frederick Xlander | |
Deed | $29,900 | Fred Xlander | |
Deed | $500 | Eschon & Frenkel Llp | |
Deed | $80,000 | David E Kapur | |
Deed | $45,000 | David E Kapur |
Source: Greater Binghamton Association of REALTORS®
MLS Number: 331156
APN: 034601-157-005-0005-023-001-0000
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