NOT LISTED FOR SALE

52 & 56 Cedar St Kingston, NY 12401

Kingston Area

Estimated Value: $308,000 - $348,000

3 Beds
4 Baths
3,263 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: October 16, 2020

Last sale price $303,500 $93 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,331 / mo

23 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Baseboard Heating
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • 1-minute walk to Forsyth Park

About This Home

As of October 2020

Two adjacent properties (being sold together). 52 Cedar St is a single family ranch home with 2 bedrooms, one bath and a full basement. This home has a newer natural gas hot water heater and forced air oil heat. Tenant pays all utilities, water lawn and snow (house is being left vacant to make showings easier). 56 Cedar St is a 2-family home with a large 3 bedroom 2 full bath apartment on the first floor with a full partially finished basement, heat and hot water are included in the rent, tenant pays their own electric and takes care of the lawn and snow. Second floor is a 1 bedroom apartment, heat and hot water is included in the rent, tenant pays their own electric. There is a 4-car garage in the back. Both homes have hard wood floors throughout most of the rooms, most of the windows have been replaced, some updated plumbing and mechanical's. This property is located close to Broadway and walking distance to the Theater, Restaurants and Grocery stores. Property shows well. Cap rate at asking price is 9.79%, see associated doc's for additional info.

Last Agent to Sell the Property

Greg Berardi

Win Morrison Realty-K Listed on: 06/14/2020

Last Buyer's Agent

Eric Absgarten

Past Member License #10401324703

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.28

Home Design

  • Frame Construction
  • Aluminum Siding

Flooring

  • Carpet
  • Ceramic Tile

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • Garage
  • Driveway
  • Off-Street Parking

Schools

  • Edson K-4 Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Range
  • Enclosed Patio or Porch
  • 12,197 Sq Ft Lot

Listing and Financial Details

  • The owner pays for gas, insurance, repairs, sewer, taxes, water
  • Legal Lot and Block 7/8 / 4

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Fuel Expense $3,492
  • Insurance Expense $1,982
  • New Taxes Expense $7,384
  • Operating Expense $17,967
  • Net Operating Income $31,833

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0.28 Acres

Listing Details

  • Year Built: 1910
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-339-9999
  • MLS Status: Closed
  • Income And Expenses Fuel Expense: 3492.0
  • Plumbing: Mixed
  • TotalAnnualOperatingExpenses: 17967.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater, Range, Refrigerator
  • Basement: Concrete, Finished, Full, Interior Entry, Partial
  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Aluminum Siding, Frame
  • Other Structures: Other, See Remarks
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Baseboard, Forced Air, Natural Gas, Oil
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: City Lot, Garden
  • Lot Dimensions: 0.28 of an ac
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: Res

Rental Info

  • Owner Pays: Gas, Insurance, Other, Repairs, Sewer, Taxes, Water
  • Tenant Pays: All Utilities, Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1982.0
  • Net Operating Income: 31833.0

Tax Info

  • New Taxes Expense: 7384.0
  • Tax Block: 4
  • Tax Lot: 7/8

MLS Schools

  • Elementary School: Edson K-4

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
Apr 7, 2023
Sold by
Blue Ocean Mars Llc
Bought by
Current Estimated Value
$336,196

Purchase Details

Listed on
Jun 14, 2020
Closed on
Oct 12, 2020
Sold by
Ruzzo Pamela J
Bought by
Blue Ocean Mars Llc
Seller's Agent
Greg Berardi
Win Morrison Realty-K
Buyer's Agent
Eric Absgarten
Past Member
List Price
$325,000
Sold Price
$303,500
Premium/Discount to List
-$21,500
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
May 8, 2008
Sold by
Dileonardo Filippo and Dileonardo Jean
Bought by
Greve Mary Jean Dileonardo
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Kingston, NY

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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
$420,000 Misc Company
Blue Ocean Mars Llc $200,000 None Available
Greve Mary Jean Dileonardo -- 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
Closed $50,000
Previous Owner Ruzzo Victor J $168,000
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
10/16/2020 10/16/20 Sold $303,500 -6.6% $93 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $325,000 -- $100 / Sq Ft
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 $6,552 $120,000 $21,000 $99,000
2024 $6,964 $120,000 $21,000 $99,000
2023 $6,415 $120,000 $21,000 $99,000
2022 $6,173 $120,000 $21,000 $99,000
2021 $6,173 $120,000 $21,000 $99,000
2020 $4,208 $120,000 $21,000 $99,000
2019 $2,484 $120,000 $21,000 $99,000
2018 $3,945 $109,000 $20,000 $89,000
2017 $4,010 $109,000 $20,000 $89,000
2016 $3,995 $109,000 $20,000 $89,000
2015 -- $109,000 $20,000 $89,000
2014 -- $109,000 $20,000 $89,000
Source: Public Records

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20201847

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.109-0004-008.000-0000

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