NOT LISTED FOR SALE

Estimated Value: $326,000 - $411,000

2 Beds
1 Bath
827 Sq Ft
$448/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2019

Last sale price $212,000 $256 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,438 / mo

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • 3-minute walk to Maple Hill Park

About This Home

As of October 2022

This rare two family in the city of middletown is one of the few on the market that does not have to be owner occupied ( R-2 ZONING). It consists of two separate driveways along with two separate entrances. Both apartments have separate utilities ( except for water in which this case the owner is responsible ) . Fully rented, boasting a nearly 10% cap rate for all you investors out there.

Last Agent to Rent the Property

Maria Sairrino

Cronin & Company Real Estate License #10401361818 Listed on: 09/30/2022

Co-Listed By

Frank Muccari

Cronin & Company Real Estate License #10401280438

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 3,642 Sq Ft Lot

Interior Spaces

  • 827 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Assigned Parking

Schools

  • Maple Hill Elementary School
  • Middletown High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Rent includes water
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 330900.040.000-0001-017.000/0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

3,642 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Legal Rental: Yes
  • Pets Allowed: No
  • Rent Includes: Water
  • Security Deposit: 1 month

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Multi Family, 2 Story
  • Property SubType: Multi Family
  • Levels: One
  • Year Built: 1870
  • Attribution Contact: 845-744-6275
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement: None
  • Total Bedrooms: 2
  • Living Area: 827.00
  • Square Footage: 827.00

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0800
  • Lot Size Sq Ft: 3642.00
  • Lot Size Units: Acres
  • Parcel Number: 330900.040.000-0001-017.000/0000

Tax Info

  • Close Date: 2022-10-17

MLS Schools

  • Elementary School: Maple Hill Elementary School
  • High School: Middletown High School
  • Middle School District: Middletown

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
Apr 19, 2019
Closed on
Oct 18, 2019
Sold by
Rotolo Harry F
Bought by
Seller's Agent
Harry Rotolo
HomeSmart Homes & Estates
Buyer's Agent
Frank Muccari
Cronin & Company Real Estate
List Price
$224,900
Sold Price
$212,000
Premium/Discount to List
-$12,900
-5.74%
Current Estimated Value
$370,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,585
Avg. Annual Appreciation
8.44%
Original Mortgage
$145,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 7, 2017
Sold by
Bomgardner Carl
Bought by
Rotolo Harry F.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2013
Sold by
Aliaga Gustavo
Bought by
Bomgardner Carl

Purchase Details

Closed on
Apr 28, 2010
Sold by
Derjan Bela
Bought by
Aliaga Gustavo

Purchase Details

Closed on
Dec 23, 2009
Sold by
Kevin D Bloom As Referee
Bought by
Secretary Of Hud

Purchase Details

Closed on
Nov 10, 2004
Sold by
Carrillo Felix
Bought by
Derjan Bela
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Middletown, 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
$212,000 --
Rotolo Harry F. $98,000 Mark Specthrie
Bomgardner Carl $75,000 Thomas J. Darcy
Aliaga Gustavo $71,600 --
Secretary Of Hud $212,505 Steven J Baum
Derjan Bela $178,000 William Nathans
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 $263,000
Closed Diep Salen $145,000
Previous Owner Rotolo Harry F. $73,500
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 Prior Sale
12/10/2024 12/10/24 Off Market $212,000 -- --
10/17/2022 10/17/22 Rented $1,650 0.0% --
09/30/2022 09/30/22 For Rent $1,650 0.0% --
10/18/2019 10/18/19 Sold $212,000 -1.8% $128 / Sq Ft View Prior Sale
08/16/2019 08/16/19 Pending -- -- --
07/20/2019 07/20/19 Price Changed $215,900 -4.0% $130 / Sq Ft
06/24/2019 06/24/19 For Sale $224,900 0.0% $136 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $224,900 -- $136 / 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 $4,721 $17,000 $4,000 $13,000
2024 $4,667 $17,000 $4,000 $13,000
2023 $4,667 $17,000 $4,000 $13,000
2022 $4,571 $17,000 $4,000 $13,000
2021 $4,809 $17,000 $4,000 $13,000
2020 $1,969 $17,000 $4,000 $13,000
2019 $1,916 $17,000 $4,000 $13,000
2018 $4,567 $17,000 $4,000 $13,000
2017 $4,428 $17,000 $4,000 $13,000
2016 $4,439 $17,000 $4,000 $13,000
2015 -- $17,000 $4,000 $13,000
2014 -- $17,000 $4,000 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6213009

OneKey® MLS

APN: 330900-040-000-0001-017.000-0000

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