NOT LISTED FOR SALE

659 E Main St Cobleskill, NY 12043

44 Beds
32 Baths
21,076 Sq Ft
1.42 Acres

Last Sold November 30, 2023

Last sale price $1,100,000 $52 Per Sq Ft

265 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Covered Patio or Porch
  • 1.42 Acre Lot
  • No HOA
  • Built-In Features

About This Home

As of November 2023

Excellent investment opportunity! 5 apartment buildings totaling 32 units in the Village of Cobleskill, NY. Prime location; walking distance to all amenities and services. Ample off street parking, strong rental history. Gross yearly rental income of $266,700.00 with gross profit of $143,200 per year.

Last Agent to Sell the Property

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 12/15/2022

Last Buyer's Agent

Matthew Loder

Country Boy Realty License #10311204132 Listed on: 12/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,300

Year Built

  • Built in 1920

Lot Details

  • 1.42 Acre Lot
  • Property fronts a private road

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Asphalt

Interior Spaces

  • 21,076 Sq Ft Home
  • Built-In Features

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 44 Bedrooms
  • Bathroom on Main Level
  • 32 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Crawl Space

Parking

  • 32 Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • 150 Amp Service
  • 100 Amp Service
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Barn

Listing and Financial Details

  • Tenant pays for internet, electricity
  • Assessor Parcel Number 56.18-8-20

Community Details

Overview

  • No Home Owners Association
  • 32 Units

Building Details

  • Insurance Expense $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,300

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 4199.47
  • Year Built: 1920
  • Directions: From Cobleskill office on E Main St, continue west on E Main St for .3 mile, 659 E Main St property on right
  • Above Grade Finished Sq Ft: 21076.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 10826.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 17545.0
  • School Taxes Description: Estimated
  • Financial Details Village Taxes: 7927.0
  • Village Taxes Description: Estimated
  • Lot Size Acres: 1.42
  • New Construction: No
  • Parking Features Parking Total: 32.0
  • Sale Detail Buyer Zip Code: 34654
  • Sale Detail Seller Contribution: No
  • Electric Expense Description: Actual
  • Gas Expense Description: Actual
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 15696.0
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 6800.0
  • Miscellaneous Expense Description: Estimated
  • Rental Income: 266700.0
  • Rental Income Description: Estimated
  • Number of Refrigerators: 32
  • Unit Information Number Of Stoves: 32
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Slab: Yes
  • Flooring:Wood: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Foundation Details:Block2: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood, Carpet, Laminate, Linoleum
  • Basement: Crawl Space, Full, Partial, Other
  • Interior Amenities: High Speed Internet, Built-in Features
  • Full Bathrooms: 32
  • Total Bedrooms: 44
  • Living Area: 21076.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 2nd
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 1st
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 2nd
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: 2nd
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Basement:Partial: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Built-in Features: Yes
  • Attic Features:Eaves: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Metal, Asphalt
  • Construction Type: Clapboard, Vinyl Siding, Wood Siding
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Other Structures: Barn(s)
  • Patio And Porch Features: Porch, Side Porch, Covered, Front Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Road Frontage: Yes
  • Construction Materials:Clapboard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Side Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 32.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, 150 Amp Service, 200+ Amp Service
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 17606.58
  • Annual Water Sewer Expense: 19702.54

Schools

  • Junior High Dist: Cobleskill-Richmondville

Lot Info

  • Lot Features: Road Frontage
  • Parcel #: 56.18-8-20
  • Lot Size Sq Ft: 61855.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Electricity

Multi Family

  • Insurance Expense: 7500.0
  • Number Of Units Total: 32
  • Maintenance Expense: 15696.0

Tax Info

  • Tax Annual Amount: 36300.0

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
11/30/2023 11/30/23 Sold $1,100,000 -20.0% $52 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $1,375,000 -- $65 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Loder

    Seller's Agent in 2023

    Matthew Loder

    Country Boy Realty

    (518) 378-1235

    97 in this area

    569 Total Sales

    Matthew Loder
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202231305

Global MLS
New York Schoharie County Cobleskill 12043

659 E Main St, Cobleskill, NY

This home is located at 659 E Main St, Cobleskill, NY 12043 since 15 December 2022. This property was built in 1920. 659 E Main St is a home located in Schoharie County with nearby schools including George D Ryder Elementary School, Cobleskill Richmondville High School, and Joseph B Radez Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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