Elizabeth Alfeld
Keller Williams Realty HV Nort
(518) 851-1180
141 Total Sales
97 in Cairo
$15K - $995K Price Range
687 Main St Cairo, NY 12413
Cairo Area
10
Beds
5
Baths
--
Sq Ft
1.63
Acre Lot
Highlights
- Guest House
- No HOA
- Baseboard Heating
- Deck
- Balcony
- Level Lot
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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,950
Year Built
- Built in 1970
Lot Details
- 1.63 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- Metal Roof
Outdoor Features
- Balcony
- Deck
Additional Homes
- Guest House
Utilities
- Heating System Uses Oil
- Baseboard Heating
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
- Operating Expense $17,720
- Net Operating Income $39,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 1999
Sold by
Sandi Boutique Dress & Sp Orts
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cairo, NY
-
Elizabeth Alfeld
-
Theresa M. Donlon
Theresa M. Donlon
Venture Fox Realty Group LLC
(518) 719-2609
34 Total Sales
4 in Cairo
$150K - $340K Price Range
-
Rose Noone
Rose Noone
BHHS HUDSON VALLEY PROP-WDST
(646) 759-4313
49 Total Sales
4 in Cairo
$340,000 Price Range
-
Joseph Cardinale
Joseph Cardinale
Howard Hanna Capital Inc
(518) 444-7525
250 Total Sales
5 in Cairo
$200K - $293K Price Range
-
Christine Hinz
Christine Hinz
Coldwell Banker Village Green
(855) 497-2996
32 Total Sales
4 in Cairo
$513K - $720K Price Range
-
Michael J. Carr
Michael J. Carr
Responds QuicklyeXp Realty
(845) 439-2056
86 Total Sales
1 in Cairo
$455,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Harp Wendell D | ||
| Cara Tonia F | $40,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $78,084 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,835 | $153,000 | $18,500 | $134,500 |
| 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
Seller's Agent in 2022
Ron Knowles
Century 21 Alliance-NP
(678) 313-7359
111 Total Sales
-
NM
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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