NOT LISTED FOR SALE

6498 State Route 38 Unit 4 Newark Valley, NY 13811

11 Beds
6.5 Baths
4,080 Sq Ft
3.72 Acres

Last Sold May 12, 2023

Last sale price $245,000 $60 Per Sq Ft

146 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Circular Driveway
  • Deck
  • Enclosed patio or porch
  • 1 Car Detached Garage

About This Home

As of May 2023

Great investment property fully rented 4 units with excellent rent history.Newly remodeled and updated,new roof ,property has 3.72 acres that are well maintained and nicely landscaped.Property has a large barn with a pasture that could be used for a small farm .Steal building for work shop or garage.This would be a great owner occupied property as the main part of the house has 4 large bedrooms and 2.5 bathrooms with large kitchen ,living room and dining room ,three 2 bedroom apartments are at the side and one apartment in the back.Front office with full bathroom.Very large front and back yards.

Last Agent to Sell the Property

Jean Hill

TIOGA REAL ESTATE License #10371200263 Listed on: 12/09/2022

Last Buyer's Agent

Unknown

UNKNOWN NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 4,080 Sq Ft Home
  • Ceiling Fan
  • Walk-Out Basement
  • Dishwasher
  • Dryer

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Nathan T. Hall Elementary School

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Oil Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Barn

Community Details

Overview

  • 5 Units

Building Details

  • 1 Separate Electric Meter
  • Insurance Expense $800
  • Gross Income $43,200
  • Net Operating Income $34,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,980

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 3.72 acres
  • Inclusions: CARBON MONOXIDE DETECTOR,LIGHTING FIXTURE,MIRRORS-Perm affixed
  • Ownership: OWNER
  • Directions: Owego North Ave to Rt 38.
  • Above Grade Finished Sq Ft: 4080.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1975
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Farm
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Oil Water Heater
  • Accessibility Features: Accessible Entrance
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 11
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 4080.0

Exterior Features

  • Lot Features: Level, Landscaped
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Landscaping, Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Deck, Enclosed, Open, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Barn, Circular Driveway, Driveway, Detached, Garage, One Car Garage, Oversized

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Phone Available
  • Water Source: Well

Schools

  • Elementary School: Nathan T. Hall
  • Junior High Dist: Newark Valley

Lot Info

  • Zoning Description: res
  • Zoning: res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 3000.0
  • Annual Gross Income: 43200.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 34400.0
  • Annual Operating Expense: 8800.0
  • Total Actual Rent: 43200.0
  • Number Of Separate Electric Meters: 1

Tax Info

  • Tax Annual Amount: 4980.0
  • Tax Book Number: 075.018-001

Range of Values:

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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
05/12/2023 05/12/23 Sold $245,000 0.0% $60 / Sq Ft
12/09/2022 12/09/22 For Sale $245,000 -- $60 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 319749

APN: 492689 75.18-1-28