Seller's Agent in 2022
Ron Knowles
Century 21 Alliance-NP
(678) 313-7359
4 in this area
138 Total Sales
10
Beds
5
Baths
--
Sq Ft
1.63
Acres
Highlights
- Guest House
- No HOA
- Baseboard Heating
- Deck
- Balcony
- Partially Fenced Property
About This Home
As of April 2022Currently running as a 5 unit but could easily be a 7 units in the main house with an additional building in the rear of the property that could (with Approval from town) could be converted into 3 more apartments for a total of 10 units. 1.6 acres with municipal water and sewer with plenty of parking. This is def a money maker for anyone looking to get in to the real estate market or a seasoned investor. All rents are below market value. The three apartments that are rented for $800 should read for 900 easily. The one upstairs apartment should easily rent for $950 and the owners apartment would rent for $1000-$1100. There are two other potential apartments in the main building one 2 bedroom and then one studio/1 bedroom adding another $1800 a month to your rent roll landlord pays taxes, electric, heat,. Tenants pay cooking gas, garbage, Cable/Internet. the electric roads between $400-$500 per month the water is about $400 per quarter and the heat average is between $350-$400 per month. The main house is a little over 5000 sq ft. Taxes are LOW! Do not miss this one Opportunity is knocking...let them in!
Last Agent to Sell the Property
Century 21 Alliance-NP License #10401275924 Listed on: 11/19/2021
Last Buyer's Agent
NON MLS OFFICE
Anderson Agency
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,950
Year Built
- Built in 1970
Lot Details
- 1.63 Acre Lot
- Partially Fenced Property
- Level Lot
Parking
- Driveway
Home Design
- Shingle Roof
- Asphalt Roof
- Metal Roof
Outdoor Features
- Balcony
- Deck
Utilities
- Heating System Uses Oil
- Baseboard Heating
Additional Features
- Built-In Range
- Guest House
Listing and Financial Details
- The owner pays for all utilities
- Legal Lot and Block 10 / 1
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Insurance Expense $1,500
- Supplies Expense $80
- New Taxes Expense $4,950
- Net Operating Income $39,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2022 04/22/22 | Sold | $285,000 | -5.0% | -- |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- |
| 11/18/2021 11/18/21 | For Sale | $300,000 | -- | -- |
Source: Hudson Valley Catskills Region Multiple List Service
Tax History Compared to Growth
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 | $6,568 | $153,000 | $18,500 | $134,500 |
| 2023 | $6,630 | $153,000 | $18,500 | $134,500 |
| 2022 | $5,864 | $153,000 | $18,500 | $134,500 |
| 2021 | $5,384 | $129,600 | $18,500 | $111,100 |
| 2020 | $4,433 | $129,600 | $18,500 | $111,100 |
| 2019 | $4,196 | $129,600 | $18,500 | $111,100 |
| 2018 | $4,196 | $129,600 | $18,500 | $111,100 |
| 2017 | $4,179 | $129,600 | $18,500 | $111,100 |
| 2016 | $3,834 | $129,600 | $18,500 | $111,100 |
| 2015 | -- | $129,600 | $18,500 | $111,100 |
| 2014 | -- | $129,600 | $18,500 | $111,100 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Knowles
-
N
Buyer's Agent in 2022
NON MLS OFFICE
Anderson Agency
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20214205
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