NOT LISTED FOR SALE

60 Cedar St Kingston, NY 12401

5 Beds
4 Baths
3,200 Sq Ft
4,356 Sq Ft Lot

Last Sold August 02, 2016

Last sale price $118,000 $37 Per Sq Ft

7 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Community Playground
  • No HOA
  • Cooling Available
  • 1-minute walk to Forsyth Park

About This Home

As of August 2016

FULLY RENTED FOUR FAMILY HOUSE FOR SALE WITH NO VACANCIES & A WAITING LIST FOR THOSE INTERESTED IN MOVING IN. THIS MULTI UNIT HAS THREE LEVELS INCLUDING A THIRD FLOOR (PRESENTLY GUTTED) WHICH HAS THE POTENTIAL FOR THE ADDITIONAL INCOME OF TWO MORE APARTMENTS (OR ONE LARGE ONE) WITH PROPER PERMITS. OWNER PAYS HEAT (CENTRAL FURNACE) AND THE RESIDENTS PAY THEIR OWN COOKING GAS, ELECTRIC AND HOT WATER. PLENTY PARKING SPACE IN REAR OF BLDG**MUST HAVE AT LEAST PRIOR'S DAY NOTICE TO SHOW**AGENTS, PLEASE SEE OTHER REMARKS.,AboveGrade:2400,AMENITIES:Medical Facility,Unfinished Square Feet:2200,Electric Expense:800,InteriorFeatures:Gas Stove Connection,Electric Stove Connection,Below Grnd Sq Feet:1000,FOUNDATION:Masonry,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ROOF:Asphalt Shingles,FLOORING:Vinyl,OwnerPays:Sewer,Taxes,Water,Fire Insurance,Cooling:Ceiling Fan,ExteriorFeatures:Outside Lighting,Storm Doors

Last Agent to Sell the Property

Joyce Stanton

Century 21 Hudson Valley License #37ST1173486 Listed on: 04/09/2016

Last Buyer's Agent

Karen Ashe

Century 21 Hudson Valley License #40as1181817

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 9 / 4

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Community Playground
  • Park

Building Details

  • Electric Expense $800
  • Fuel Expense $3,200
  • Insurance Expense $1,600
  • New Taxes Expense $6,700
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Year Built: 1960
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.1
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-454-6334
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Dimensions: .10
  • Electric:Circuit Breakers: Yes
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Cooling Ceiling Fan(s): Yes
  • Income And Expenses New Taxes Expense: 6700.0
  • Income And Expenses Cap Rate: 15.0
  • Gross Scheduled Income: 34200.0
  • Income And Expenses Fuel Expense: 3200.0
  • General Property Information Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Electric Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Basement: Full, Interior Entry, Unfinished
  • Fireplace: No
  • Flooring: Carpet, Other, See Remarks
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:Playground2: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Exterior Features: Lighting
  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Construction Materials:Frame: Yes
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot, Level, Near Public Transit
  • Lot Dimensions: .10
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: RESIDENTIAL
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 800.0
  • Insurance Expense: 1600.0
  • Net Operating Income: 21000.0

Tax Info

  • New Taxes Expense: 6700.0
  • Tax Block: 4
  • Tax Lot: 9
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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 Prior Sale
08/02/2016 08/02/16 Sold $118,000 0.0% $37 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Sold $118,000 -8.5% $37 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/15/2016 04/15/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $129,000 0.0% $40 / Sq Ft
01/19/2016 01/19/16 For Sale $129,000 +61.3% $40 / Sq Ft
02/27/2014 02/27/14 Sold $80,000 -42.8% $25 / Sq Ft View Prior Sale
02/10/2014 02/10/14 Pending -- -- --
06/18/2013 06/18/13 For Sale $139,900 -- $44 / 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 $9,157 $160,000 $27,000 $133,000
2023 $8,727 $160,000 $27,000 $133,000
2022 $8,230 $160,000 $27,000 $133,000
2021 $8,230 $160,000 $27,000 $133,000
2020 $11,392 $160,000 $27,000 $133,000
2019 $4,818 $160,000 $27,000 $133,000
2018 $10,010 $145,000 $25,700 $119,300
2017 $8,847 $132,000 $25,700 $106,300
2016 $7,300 $132,000 $25,700 $106,300
2015 -- $132,000 $25,700 $106,300
2014 -- $132,000 $25,700 $106,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20161467

Hudson Valley Catskills Region Multiple List Service
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