$57,000
SOLD JAN 6, 2025

7 Crouse St Fort Plain, NY 13339

6 Beds
2 Baths
2,408 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

37% Below List Price

46 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathroom on Main Level
  • Wood Flooring
  • Built-In Features
  • Forced Air Heating System

About This Home

As of January 2025

7 Crouse St, Fort Plain, NY

An excellent investment opportunity! This fully occupied two-family home is rented by a single family, generating $1,700 in monthly rent. After expenses, you net $1,250 per month, providing immediate cash flow with a reliable tenant.

Property Details:

Each unit features 3 spacious bedrooms and 1 bathroom, offering comfort and value.

Financials:

• Gross Rent: $1,700/month

• Net Income: $1,250/month

• Annual Net: $15,000

• Cap Rate: 10.5%

• ROI: 46%

A little exterior TLC could significantly increase the property's value and future rent potential, making this a high-growth investment. Located in a strong rental market, similar properties are selling fast! Contact the agent for details and a private showing today!

Last Agent to Sell the Property

Esean Brown

KW Platform License #10401370762 Listed on: 10/10/2024

KW Platform

Last Buyer's Agent

Sonia Varin

Krutz Properties, LLC License #10401339772

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,408 Sq Ft Home
  • Built-In Features
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 43 / 1
  • Assessor Parcel Number 273001 46.38-1-43
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Laundry Facilities
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1900
  • Directions: From River St, take a right onto Willett St, Take left onto Crouse St. Property will be on right.
  • Above Grade Finished Sq Ft: 2408.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.06
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 1700.0
  • Rental Income Description: Monthly
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Architectural Style:Traditional: Yes
  • Laundry Features:Common Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: Full
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2408.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Full Basement: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Fire Alarm
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Fort Plain

Lot Info

  • Parcel #: 273001 46.38-1-43
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2000.0
  • Tax Block: 1
  • Tax Lot: 43

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Dec 18, 2024
Sold by
Wilson Darren
Bought by
Dorrough Robert
Seller's Agent
Esean Brown
KW Platform
Buyer's Agent
Sonia Varin
Krutz Properties, LLC
List Price
$90,000
Sold Price
$57,000
Premium/Discount to List
-$33,000
-36.67%
Views
10
Current Estimated Value
$66,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,353
Avg. Annual Appreciation
17.96%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Montgomery County
Bought by
Wilson Darren

Purchase Details

Closed on
Apr 9, 2014
Sold by
Shawn J Bowerman As Montgomery Cty Treas
Bought by
County Of Montgomery

Purchase Details

Closed on
May 12, 2011
Sold by
County Of Montgomery
Bought by
Wilder Gina

Purchase Details

Closed on
Apr 29, 2011
Sold by
Montgomery County Treasurer Bowerman Shawn
Bought by
County Of Montgomery

Purchase Details

Closed on
Jun 15, 2001
Sold by
County Montgomery
Bought by
Wilder Gina

Purchase Details

Closed on
May 9, 2001
Sold by
Wilder Richard A and Wilder Barbara
Bought by
Montgomery County Treasurer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $57,000 None Available
Warranty Deed $57,000 None Available
Quit Claim Deed $12,500 --
Quit Claim Deed $12,500 --
Foreclosure Deed $3,931 --
Foreclosure Deed $3,931 --
Deed $9,499 None
Deed $9,499 None
Foreclosure Deed $4,098 None
Foreclosure Deed $4,098 None
Deed $18,500 None
Deed $18,500 None
Deed $2,772 None
Deed $2,772 None
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $57,000 -36.7% $24 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $90,000 -- $37 / Sq Ft
Source: Global MLS

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 $2,379 $48,200 $6,300 $41,900
2023 $2,378 $48,200 $6,300 $41,900
2022 $2,296 $48,000 $6,100 $41,900
2021 $2,214 $48,000 $6,100 $41,900
2020 $4,652 $48,000 $6,100 $41,900
2019 $4,590 $48,000 $6,100 $41,900
2018 $4,590 $48,000 $6,100 $41,900
2017 $4,586 $48,000 $6,100 $41,900
2016 $4,594 $48,000 $6,100 $41,900
2015 -- $48,000 $6,100 $41,900
2014 -- $48,000 $6,100 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202427160

Global MLS

APN: 273001-046-038-0001-043-000-0000