NOT LISTED FOR SALE

Estimated Value: $172,101

5 Beds
3.5 Baths
4,350 Sq Ft
$40/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $195,000 $45 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,339/month

42 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Paddle Fans
  • No HOA
  • Baseboard Heating
  • 3-minute walk to Veterans Memorial Center Park

About This Home

As of December 2023

Investors take notice! This 4-unit mixed-use property in the heart of Cobleskill on Main Street offers a great investment opportunity with established tenants! The first floor offers a commercial storefront space, including a half bathroom and two entrances. Floors 2, 3 and 4 host private residential rentals, each including a full kitchen, one bedroom, and one full bath. The 4th floor unit has roof access for additional space. Building is fully rented with established tenants. Listing agent to accompany showings.

Last Listed By

David Ryan

Gabler Realty, LLC Listed on: 07/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Property fronts a private road

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,350 Sq Ft Home
  • Paddle Fans
  • Basement Fills Entire Space Under The House
  • No Access to Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • Ceramic Tile in Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Baseboard Heater
  • 100 Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Insurance Expense $773

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity
  • Legal Lot and Block 23.000 / 8
  • Assessor Parcel Number 432601 56.17-8-23

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Zoning: Mixed
  • Year Built: 1920
  • Directions: I-88 to Exit 22 (Cobleskill). Route NY-145 to Main Street.
  • Above Grade Finished Sq Ft: 4350.0
  • Architectural Style: Other
  • Financial Details General Taxes: 1478.23
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 2387.32
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 2194.9
  • Village Taxes Description: Estimated
  • Lot Size Acres: 0.1
  • New Construction: No
  • Sale Detail Buyer Zip Code: 12053
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: At Closing
  • Senior Community YN: No
  • Number Of Separate Electric Meters: 4
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 360.0
  • Miscellaneous Expense Description: Actual
  • Rental Income: 28800.0
  • Rental Income Description: Actual
  • Income: 28800.0
  • Income Description: Actual
  • Ownership: At Closing
  • Special Features: None

Interior Features

  • Flooring: Wood, Ceramic Tile, Hardwood
  • Basement: Full
  • Interior Amenities: Paddle Fan, High Speed Internet, Ceramic Tile Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 4350.0
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Full Bathroom 2: 3rd
  • Bathroom Levels Full Bathroom 3: 4th
  • Bathroom Levels Half Bathroom 1: 1st
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Paddle Fan: Yes
  • Attic Features:No Attic Access: Yes
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Flat, Rubber
  • Construction Type: Brick
  • Fencing: None
  • Foundation Details: Block, Concrete Perimeter
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: No
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Baseboard, Electric
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 1440.0

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Road Frontage
  • Parcel #: 432601 56.17-8-23
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 773.0

Tax Info

  • Tax Annual Amount: 4703.28
  • Tax Block: 8
  • Tax Lot: 23.000
  • Tax Tract: 56.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Dec 1, 2023
Sold by
Bradshaw Jean M
Bought by
Historic Colonial Estates Llc
Seller's Agent
David Ryan
Gabler Realty, LLC
Buyer's Agent
Matthew Loder
Country Boy Realty
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Total Days on Market
42
Views
138
Current Estimated Value
$172,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,899
Avg. Annual Appreciation
-8.59%
Original Mortgage
$146,250
Outstanding Balance
$144,529
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$27,572

Purchase Details

Closed on
Apr 28, 2005
Sold by
Tufano Jeffery J
Bought by
Bradshaw Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Mcgiver Terence
Bought by
Tufano Jeffery

Range of Values:

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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
Historic Colonial Estates Llc -- None Listed On Document
Bradshaw Jean M $92,000 None
Tufano Jeffery $77,000 Therese Wright
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Historic Colonial Estates Llc $70,000
Open Historic Colonial Estates Llc $146,250
Previous Owner Bradshaw Jean M $29,616
Previous Owner Bradshaw Jean M $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $195,000 -2.5% $45 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $199,900 -- $46 / Sq Ft
Source: Global MLS

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 $4,566 $89,400 $7,400 $82,000
2023 $4,565 $89,400 $7,400 $82,000
2022 $4,949 $89,400 $7,400 $82,000
2021 $3,875 $89,400 $7,400 $82,000
2020 $6,493 $89,400 $7,400 $82,000
2019 $9,903 $89,400 $7,400 $82,000
2018 $9,903 $89,400 $7,400 $82,000
2017 $7,377 $89,400 $7,400 $82,000
2016 $4,759 $89,400 $7,400 $82,000
2015 -- $89,400 $7,400 $82,000
2014 -- $89,400 $7,400 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202321120

Global MLS

APN: 432601-056-017-0008-023-000-0000