Seller's Agent in 2024
Dante Belmonte
Hunt Real Estate
(315) 794-1522
10 in this area
370 Total Sales
544 Valley Dr Syracuse, NY 13207
North Valley Neighborhood
6
Beds
--
Bath
4,608
Sq Ft
0.34
Acres
Highlights
- 0.34 Acre Lot
- Wood Flooring
- Baseboard Heating
About This Home
As of March 2024Rare opportunity to own a 6 unit building all under one (new) roof with a 4 car garage for additional income. There are 2 - one bedroom units and 4 - two bedroom units. Each unit has its own boiler, hot water tank and is separately metered for gas and electric. Owner pays water and sewer as well for common area electrical for lighting. Plenty of off-street parking out back. Many upgrades throughout. Building is currently being sold at a 10.35% cap rate based on current income and expenses. 1 bedroom rents currently average $750 with market rents being around $950+. 2 bedroom rents are currently averaging $975 with market rents being around $1,050+. Lots of room for income growth with this property and priced well below replacement cost.
Last Agent to Sell the Property
Listing by Hunt Real Estate ERA License #10401323828 Listed on: 01/01/2024
Last Buyer's Agent
Listing by Hunt Real Estate ERA License #10401323828 Listed on: 01/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,349
Year Built
- Built in 1960
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 84x176
Parking
- Driveway
Home Design
- Shake Siding
Interior Spaces
- 6 Bedrooms
- 4,608 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Walk-Out Basement
Kitchen
- Gas Oven
- Gas Range
Utilities
- Heating System Uses Gas
- Baseboard Heating
- Gravity Heating System
- Gas Water Heater
Community Details
- 6 Units
- Eastview Subdivision
Listing and Financial Details
- Rent includes water
- Tax Lot 15
- Assessor Parcel Number 311500-073-000-0025-015-000-0000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $405,000 | -3.5% | $88 / Sq Ft | |
| 01/01/2024 01/01/24 | For Sale | $419,900 | +366.6% | $91 / Sq Ft | |
| 05/03/2017 05/03/17 | Sold | $90,000 | 0.0% | $20 / Sq Ft | View Prior Sale |
| 05/02/2017 05/02/17 | Pending | -- | -- | -- | |
| 05/01/2017 05/01/17 | For Sale | $90,000 | -- | $20 / Sq Ft |
Source: Central New York Information Services
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 | $3,489 | $134,000 | $24,800 | $109,200 |
| 2023 | $3,514 | $134,000 | $24,800 | $109,200 |
| 2022 | $3,446 | $134,000 | $24,800 | $109,200 |
| 2021 | $3,446 | $120,000 | $24,800 | $95,200 |
| 2020 | $3,511 | $120,000 | $24,800 | $95,200 |
| 2019 | $3,484 | $120,000 | $24,800 | $95,200 |
| 2018 | $3,484 | $120,000 | $24,800 | $95,200 |
| 2017 | $3,326 | $120,000 | $24,800 | $95,200 |
| 2016 | $3,362 | $120,000 | $24,800 | $95,200 |
| 2015 | -- | $120,000 | $24,800 | $95,200 |
| 2014 | -- | $120,000 | $24,800 | $95,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dante Belmonte
-
N
Seller's Agent in 2017
NON MLS
Syracuse Non-MLS
-
Christopher Newman
Buyer's Agent in 2017
Christopher Newman
Acropolis Realty Group LLC
(315) 412-1975
4 in this area
212 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1515104
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