NOT LISTED FOR SALE

6163 N Lake Rd Bergen, NY 14416

Estimated Value: $121,507

-- Bed
-- Bath
4,950 Sq Ft
$25/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $186,000 $38 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $785/month

123 Days on Market

Highlights

  • 1.8 Acre Lot
  • Zoned Heating
  • Baseboard Heating
  • Corner Lot
  • Water Softener is Owned
  • Wall to Wall Carpet

About This Home

As of September 2020

Remarkable and Rare investment opportunity! Only 4 unit in the area for sale and fully occupied generating almost $2700 per month in income. Priced at a 10% CAP Rate, this unique property features .85 acres of land with a wrap around driveway and parking for multiple cars. New 2 year old architectural shingled roof, New rear staircase leading up to the 4th unit. Newly hooked up to public water service. All units have been updated and are in great condition. Easily rented and stable income. Don't miss this opportunity!

Last Agent to Sell the Property

Peter Zizzi

Listing by Tru Agent Real Estate License #10311208935 Listed on: 02/24/2020

Last Buyer's Agent

Patrick Hastings

Listing by Howard Hanna License #30HA0322512

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,638

Year Built

  • Built in 1940

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 260 x 322
  • Corner Lot
  • Irregular Lot

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 4,950 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Heating
  • Radiant Heating System
  • Baseboard Heating
  • Oil Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, hot water, lawn maintenance, snow removal, water
  • Tax Lot 38
  • Assessor Parcel Number 182689-007-000-0001-038-000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • Gross Income $32,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,638

Year Built

Built in 1940

Lot Details

0

Listing Details

  • NY Swis Code: Bergen-182689
  • Total Assessed Value: 149000
  • Gross Annual Income: 32040
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 260
  • Lot Dimension Front: 322
  • Lot Information: Corner Lot, Primary Road
  • Lot Number: 38
  • Lot Shape: Irregular
  • Nearest Cross Street: Peachery Rd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 103333.33
  • Ratio Close Price By Sq Ft: 37.58
  • Ratio List Price By Acres: 99944.44
  • Ratio List Price By Sq Ft: 36.34
  • Regional Board Code: Rochester
  • Rent Includes: Heat, Hot Water, Lawn Maintenance, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 3609
  • Sub Board Code: Rochester
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 78408
  • Age of Building: 82
  • Year Built: 1940
  • Directions To Property: Property is north of Bergen at corner N Lake Rd which is Rt.19. and Peachey Rd.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Water Softener(S) Owned-Some
  • Attic Description: Crawl Space, Partially Finished
  • Basement Description: Exterior Walkout, Full
  • Floor Description: Resilient-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 4950

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 1.8000

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Baseboard, Hot Water, Multi-Zone, Radiant
  • Number of Heating Units: 1
  • Sewer Description: Septic
  • Water Heater Fuel: Oil

Schools

  • School District: Byron-Bergen

Lot Info

  • Parcel Number: 182689-007-000-0001-038-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 7638

MLS Schools

  • School District Name: Byron-Bergen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2019
Sold by
Hughes Lee and Dingcong Katrina
Bought by
Smith Scott R
Current Estimated Value
$121,507

Purchase Details

Listed on
Sep 22, 2014
Closed on
Mar 11, 2015
Sold by
Defelice M
Bought by
Hughes Lee and Dingcong
Seller's Agent
Robert Muesebeck
RE/MAX Titanium LLC
Buyer's Agent
Peter Zizzi
Tru Agent Real Estate
List Price
$144,900
Sold Price
$139,000
Premium/Discount to List
-$5,900
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.28%
Original Mortgage
$104,250
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2005
Sold by
Mason Jean E
Bought by
Defelice M
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
Smith Scott R $80,000 None Available
Hughes Lee $139,000 John Marchioni
Defelice M $120,000 Mark Hollenbeck
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Lee $104,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $186,000 +3.4% $38 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/18/2020 06/18/20 Price Changed $179,900 0.0% $36 / Sq Ft
06/18/2020 06/18/20 For Sale $179,900 -3.3% $36 / Sq Ft
03/20/2020 03/20/20 Off Market $186,000 -- --
02/24/2020 02/24/20 For Sale $189,900 +36.6% $38 / Sq Ft
03/06/2015 03/06/15 Sold $139,000 -4.1% $29 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
09/22/2014 09/22/14 For Sale $144,900 -- $30 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $5,211 $171,600 $32,400 $139,200
2023 $7,391 $171,600 $32,400 $139,200
2022 $7,668 $171,600 $32,400 $139,200
2021 $7,692 $162,000 $22,800 $139,200
2020 $7,797 $162,000 $22,800 $139,200
2019 $7,547 $149,000 $22,800 $126,200
2018 $7,547 $149,000 $22,800 $126,200
2017 $7,385 $140,000 $22,800 $117,200
2016 $7,436 $140,000 $22,800 $117,200
2015 -- $125,000 $32,400 $92,600
2014 -- $125,000 $32,400 $92,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1251421

Upstate New York Real Estate Information Services (UNYREIS)

APN: 182689-007-000-0001-038-000