NOT LISTED FOR SALE

550 Main St Cairo, NY 12413

Estimated Value: $137,874

-- Bed
-- Bath
-- Sq Ft
0.85 Acres

Last Sold March 10, 2017

Last sale price $193,000

Est. 29% decrease in value since last sale

Current estimated payment $981/month

327 Days on Market

Highlights

  • Victorian Architecture
  • Baseboard Heating
  • Level Lot
  • No HOA
  • 2 Car Garage
  • 1-minute walk to Angelo Canna Town Park

About This Home

As of March 2017

Handsome brick Victorian 5 unit apartment building, plus 2 separate cottages and a barn on a large lot in the heart of charming, pedestrian friendly Cairo Village. Under market rent roll brings in 55K per year with lots of potential for growth. Excellent investment potential. Recent appraisal of $280K!!!!

Last Agent to Sell the Property

Sean Zimmerman

Halter Associates Realty License #30ZI0941083 Listed on: 03/19/2016

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.85 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Clapboard

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Range with Range Hood
  • Partial Basement

Listing and Financial Details

  • The owner pays for all utilities, electricity, oil, repairs, sewer, taxes, trash collection, water
  • Legal Lot and Block 4 / 3

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Electric Expense $4,357
  • Fuel Expense $10,000
  • Insurance Expense $2,500
  • New Taxes Expense $5,281
  • Net Operating Income $26,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.85
  • Co List Office Phone: 845-679-2010
  • MLS Status: Closed
  • Architectural Style: Victorian
  • Location Tax and Legal:Tax Block: 3
  • General Property Information Lot Size Acres: 0.85
  • General Property Information Lot Size Dimensions: .85 acres
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 5281.0
  • Income And Expenses Cap Rate: 12.0
  • Gross Scheduled Income: 54960.0
  • Income And Expenses Fuel Expense: 10000.0
  • Owner Pays:All Utilities: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Architectural Style Victorian: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range Hood, Range
  • Basement: Partial
  • Flooring: Varies
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Brick, Clapboard, Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Clapboard: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Other, Parking Lot, Off Street, Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Other20: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Electric, Oil
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 1058.0

Schools

  • Junior High Dist: Other

Lot Info

  • Lot Features: Gentle Sloping, Level
  • Lot Dimensions: .85 acres
  • Lot Size Sq Ft: 37026.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: multi-family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities, Electricity, Oil, Repairs, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 4357.0
  • Insurance Expense: 2500.0
  • Net Operating Income: 26992.0

Tax Info

  • New Taxes Expense: 5281.0
  • Tax Block: 3
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2010
Sold by
Esslie Denise
Bought by
Esslie Michael
Current Estimated Value
$137,874

Purchase Details

Closed on
Apr 17, 2009
Sold by
Esslie Michael
Bought by
Esslie Denise

Purchase Details

Closed on
Apr 17, 2003
Sold by
Esslie Michael
Bought by
Esslie Michael

Purchase Details

Closed on
Jan 5, 1998
Sold by
Mccloskey Community Servi Ce C
Bought by
Esslie Michael W and Esslie Michael R
Source: Public Records

Range of Values:

--
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Esslie Michael -- --
Esslie Denise -- --
Esslie Michael -- --
Esslie Michael W $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $193,000 -2.5% --
02/08/2017 02/08/17 Pending -- -- --
03/18/2016 03/18/16 For Sale $198,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

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 $3,130 $75,970 $12,200 $63,770
2023 $2,888 $75,970 $12,200 $63,770
2022 $3,128 $75,970 $12,200 $63,770
2021 $3,156 $75,970 $12,200 $63,770
2020 $2,863 $75,970 $12,200 $63,770
2019 $2,818 $75,970 $12,200 $63,770
2018 $2,818 $75,970 $12,200 $63,770
2017 $2,804 $75,970 $12,200 $63,770
2016 $2,722 $75,970 $12,200 $63,770
2015 -- $75,970 $12,200 $63,770
2014 -- $75,970 $12,200 $63,770
Source: Public Records

Agents Affiliated with this Home

  • Sean Zimmerman

    Seller's Agent in 2017

    Sean Zimmerman

    Halter Associates Realty

    (914) 388-2425

    52 Total Sales

    Sean Zimmerman
    Section Image

  • N

    Buyer's Agent in 2017

    NON MLS OFFICE

    Anderson Agency

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20161085

Hudson Valley Catskills Region Multiple List Service

APN: 192400-101-005-0003-022-000-0000

New York Greene County Cairo 12413

550 Main St, Cairo, NY

Not Listed for Sale

MultiFamily

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