NOT LISTED FOR SALE

59 Saint James St Kingston, NY 12401

4 Beds
-- Bath
2,160 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: May 8, 2020

Last sale price $412,500 $191 Per Sq Ft

200 Days on Market

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • High Speed Internet
  • No HOA
  • Hot Water Heating System
  • 2-minute walk to Academy Green park

About This Home

As of May 2020

Great opportunity to invest in Kingston real estate. One of the best 4 unit, income producing properties to come on the recent market. Well-maintained classic colonial architecture in excellent location close to popular Uptown Kingston shopping and cultural amenities including cafes, galleries, and bookstores. Tenants pay all utilities. Solid cap rate in what has been a strong rental market. Downstairs unit has just been totally renovated. Utilities all in good working condition.

Last Agent to Sell the Property

Douglas Grunther

BHHS Nutshell Realty License #10301200628 Listed on: 08/23/2019

BHHS Nutshell Realty

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 45x137
  • Fenced
  • Level Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Permanent Attic Stairs
  • Eat-In Kitchen
  • Unfinished Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 1

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,474
  • New Taxes Expense $12,399
  • Net Operating Income $29,694

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1955
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 0.14
  • Co List Office Phone: 845-687-2200
  • MLS Status: Closed
  • Architectural Style: Colonial
  • Master Plan Zoning: Com1
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Dimensions: 45X137
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 12399.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 45300.0
  • Water Source:Public: Yes
  • Roof:Metal2: Yes
  • Architectural Style Colonial: Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Utilities:Cable Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen, High Speed Internet
  • Basement: Unfinished
  • Fireplace: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Permanent Stairs: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Metal
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Utilities: Cable Available
  • Heating: Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Level
  • Lot Dimensions: 45X137
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2474.0
  • Net Operating Income: 29694.0

Tax Info

  • New Taxes Expense: 12399.0
  • Tax Block: 1
  • Tax Lot: 27
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2020 05/08/20 Sold $412,500 -2.9% $191 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
10/19/2019 10/19/19 Price Changed $425,000 -3.2% $197 / Sq Ft
08/22/2019 08/22/19 For Sale $439,000 -- $203 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $14,211 $254,000 $105,000 $149,000
2023 $13,458 $254,000 $105,000 $149,000
2022 $13,066 $254,000 $105,000 $149,000
2021 $13,066 $254,000 $105,000 $149,000
2020 $12,852 $254,000 $105,000 $149,000
2019 $7,649 $254,000 $105,000 $149,000
2018 $12,399 $231,000 $100,800 $130,200
2017 $11,472 $210,000 $100,800 $109,200
2016 $11,964 $210,000 $100,800 $109,200
2015 -- $210,000 $100,800 $109,200
2014 -- $210,000 $100,800 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20193616

Hudson Valley Catskills Region Multiple List Service
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