NOT LISTED FOR SALE

576 E Main St Cobleskill, NY 12043

Estimated Value: $283,157

3 Beds
2.5 Baths
4,176 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $245,000 $59 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,162/month

35 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Electric Baseboard Heater
  • No HOA
  • Forced Air Heating and Cooling System
  • 2-minute walk to Veterans Memorial Center Park

About This Home

As of August 2023

Excellent investment property located in the center of the Village of Cobleskill. Mixed use building with one commercial storefront and two residential units. Fully rented with long term renting history and low expenses. Very good NOI.

Last Agent to Sell the Property

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 05/22/2023

Last Buyer's Agent

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 05/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1981

Lot Details

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

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 4,176 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Baseboard Heater
  • 200+ Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Insurance Expense $1,355

Listing and Financial Details

  • Tenant pays for internet, cable TV, electricity
  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 68.6-2-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,418

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Mixed
  • Year Built: 1981
  • Directions: From Cobleskill office, Main Street W to 576 Main Street.
  • Above Grade Finished Sq Ft: 4176.0
  • Financial Details General Taxes: 1587.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2635.0
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 1196.0
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.1
  • New Construction: No
  • Parking Features Parking Total: 10.0
  • Sale Detail Buyer Zip Code: 10312
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 1
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 1776.0
  • Water Sewer Expense Description: Actual
  • Rental Income: 29700.0
  • Rental Income Description: Actual
  • Income: 29700.0
  • Income Description: Actual
  • Flooring:Carpet: Yes
  • Cooling:Central Air: Yes
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Block2: Yes
  • Foundation Details:Stone4: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood, Carpet
  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 4176.0
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Half Bathroom 1: 1st
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Attic Features:Eaves: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Block, Stone
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes

Garage/Parking

  • Open Parking: No
  • Total Parking Spaces: 10.0
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air, Propane Tank Leased
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Propane Tank Leased: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 822.0

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Road Frontage
  • Parcel #: 68.6-2-6
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 1355.0
  • Maintenance Expense: 1776.0

Tax Info

  • Tax Annual Amount: 5418.0
  • Tax Block: 2
  • Tax Lot: 6
  • Tax Tract: 68.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Jbk Phoenix Enterprises Llc
Bought by
Rp Qof Inc
Current Estimated Value
$283,157

Purchase Details

Closed on
Sep 24, 2009
Sold by
Jsl Eagle Enterprises Llc
Bought by
Jbk Phoenix Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2003
Sold by
Dan Tait Inc
Bought by
Jsl Eagle Enterprises Llc
Source: Public Records

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
Rp Qof Inc $170,000 None Listed On Document
Jbk Phoenix Enterprises $120,000 Michael West
Jsl Eagle Enterprises Llc $90,000 Michael Breen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jbk Phoenix Enterprises $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $245,000 -1.8% $59 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $249,500 -- $60 / 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 $7,937 $98,700 $5,700 $93,000
2023 $5,040 $98,700 $5,700 $93,000
2022 $5,464 $98,700 $5,700 $93,000
2021 $4,279 $98,700 $5,700 $93,000
2020 $5,613 $98,700 $5,700 $93,000
2019 $5,296 $98,700 $5,700 $93,000
2018 $5,296 $98,700 $5,700 $93,000
2017 $5,361 $98,700 $5,700 $93,000
2016 $5,254 $98,700 $5,700 $93,000
2015 -- $98,700 $5,700 $93,000
2014 -- $98,700 $5,700 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202317217

Global MLS

APN: 432601-068-006-0002-006-000-0000