NOT LISTED FOR SALE

6 Whittaker Rd South Fallsburg, NY 12779

-- Bed
-- Bath
13,300 Sq Ft
2.88 Acres

Last Sold March 27, 2023

Last sale price $2,600,000 $195 Per Sq Ft

112 Days on Market

Highlights

  • 2.88 Acre Lot
  • Baseboard Heating
  • Level Lot
  • Partially Wooded Lot

About This Home

As of March 2023

Amazing investment opportunity! These 26 units are always fully occupied with a waiting list. Four buildings, handsomely arranged and set back from the road, house eighteen 2 BR units and eight 1 BR units. Grounds are immaculate and there is plenty of paved parking for all tenants. Tenants pay all electric which includes heat and hot water. Landlord pays the usual expenses: taxes, insurance, common electric, water and sewer, plowing and mowing, trash, pest control, and repairs and maintenance. Laundry facilities on site bring in additional income. Property brings in over $286,000 in gross income, this is a very attractive offering. 6.3% cap rate.

Last Agent to Sell the Property

Carol Malek

Malek Properties License #31MA1121533 Listed on: 06/17/2022

Last Buyer's Agent

Jose Nunez

Malek Properties License #10401363874

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,728

Year Built

  • Built in 1987

Lot Details

  • 2.88 Acre Lot
  • No Common Walls
  • Level Lot
  • Partially Wooded Lot

Parking

  • Parking Lot

Home Design

  • 13,300 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Schools

  • Benjamin Cosor Elementary School
  • Fallsburg Junior-Senior High Middle School
  • Fallsburg Junior-Senior High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 26 Units
  • 30 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 2889-047-0-0001-016-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,728

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1987
  • Attribution Contact: 845-583-6333
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 13300.00
  • Square Footage: 13300.00

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Other
  • Heating: Electric, Baseboard
  • Hot Water: Electric Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 16831.00
  • Other Expense: 26948.00
  • Trash Expense: 4392.00

Schools

  • Elementary School: Benjamin Cosor Elementary School
  • Middle School: Fallsburg Junior-Senior High School
  • High School: Fallsburg Junior-Senior High School
  • Middle School: Fallsburg Junior-Senior High School

Lot Info

  • Lot Size Acres: 2.8800
  • Lot Size Area: 2.8800
  • Lot Size Sq Ft: 125453.00
  • Lot Size Units: Acres
  • Lot Features: Level, Partly Wooded
  • Parcel Number: 2889-047-0-0001-016-003
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-07-14
  • Tenant Pays: Electricity, Heat

Tax Info

  • Close Date: 2023-03-27
  • Tax Annual Amount: 44728.00
  • Tax Map Number: 2889-047-0-0001-016-003

Multi Family

  • Fuel Expense: 4200.00
  • Units Total: 26
  • 1 Bedrooms: 8
  • Two Bedrooms: 18
  • Separate Electric Meters: 30

MLS Schools

  • Elementary School: Benjamin Cosor Elementary School
  • High School: Fallsburg Junior-Senior High School
  • Middle School District: Fallsburg

Range of Values:

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Sold Price
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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 Change Sq Ft Price
03/27/2023 03/27/23 Sold $2,600,000 0.0% $195 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
07/14/2022 07/14/22 Off Market $2,600,000 -- --
06/17/2022 06/17/22 For Sale $2,685,000 -- $202 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carol Malek

    Seller's Agent in 2023

    Carol Malek

    Malek Properties

    (845) 583-6333

    11 in this area

    175 Total Sales

    Carol Malek
    Section Image
  • Jose Nunez

    Buyer's Agent in 2023

    Jose Nunez

    Malek Properties

    (917) 703-7690

    1 in this area

    25 Total Sales

    Jose Nunez
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6192430

OneKey® MLS
New York Sullivan County South Fallsburg 12779

6 Whittaker Rd, South Fallsburg, NY

This home is located at 6 Whittaker Rd, South Fallsburg, NY 12779 since 17 June 2022. This property was built in 1987. 6 Whittaker Rd is a home located in Sullivan County with nearby schools including Benjamin Cosor Elementary School, Fallsburg Junior/Senior High School, and Bais Yisroel School.

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