NOT LISTED FOR SALE

75 Henry St Kingston, NY 12401

Estimated Value: $209,000 - $419,820

4 Beds
2 Baths
1,714 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $60,000 $35 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $2,205/month

47 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 2-minute walk to Barmann Park
  • Baseboard Heating

About This Home

As of November 2016

Fully rented two family income property located not far from uptown Kingston and UPAC. The tenants are long term and want to stay on for a new owner. There is plenty of off street parking and a large garage (350 sq. ft.) with an attached two story barn (450 sq. ft.) with a new roof that would be great storage for an owner/contractor. The capitalization rate at asking price is approximately 15.5%. Owner pays the heat for building and electric for lower unit. Split the utilities and make more $$!

Last Agent to Sell the Property

Daniel Winn

Halter Associates Realty Listed on: 08/13/2016

Last Buyer's Agent

Betty Greenwald

Gunks Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Legal Lot and Block 34 / 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $1,800
  • Insurance Expense $2,000
  • New Taxes Expense $3,809
  • Net Operating Income $12,191

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Year Built: 1895
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Co List Office Phone: 845-679-2010
  • MLS Status: Closed
  • Master Plan Zoning: R-2
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Dimensions: 50 x 125
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 3809.0
  • Income And Expenses Cap Rate: 15.0
  • Gross Scheduled Income: 22200.0
  • Income And Expenses Fuel Expense: 1800.0
  • Owner Pays:All Utilities: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Flooring: Varies
  • Appliances:Electric Water Heater: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • Electric: 100 Amp Service
  • Heating: Baseboard, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 50 x 125
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1200.0
  • Insurance Expense: 2000.0
  • Net Operating Income: 12191.0

Tax Info

  • New Taxes Expense: 3809.0
  • Tax Block: 1
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Nov 3, 2016
Sold by
Hudson Valley Reo Llc
Bought by
Del Cid Real Estate Llc
Seller's Agent
Daniel Winn
Halter Associates Realty
Buyer's Agent
Betty Greenwald
Gunks Realty
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Current Estimated Value
$320,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,205
Avg. Annual Appreciation
19.57%

Purchase Details

Closed on
Mar 10, 2008
Sold by
Cersosimo Jesse and Cersosimo Frank
Bought by
Esposito Andrew and Esposito Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Dougherty Gary G and Dougherty Michael P
Bought by
Cersosimo Jesse and Cersosimo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
5.89%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Del Cid Real Estate Llc $60,000 --
Esposito Andrew $150,000 None Available
Cersosimo Jesse $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esposito Andrew $135,000
Previous Owner Cersosimo Jesse $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $60,000 -20.0% $35 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $75,000 -- $44 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

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 $6,462 $115,500 $20,000 $95,500
2023 $6,120 $115,500 $20,000 $95,500
2022 $5,941 $115,500 $20,000 $95,500
2021 $5,941 $115,500 $20,000 $95,500
2020 $4,135 $115,500 $20,000 $95,500
2019 $2,391 $115,500 $20,000 $95,500
2018 $3,801 $105,000 $19,000 $86,000
2017 $3,863 $105,000 $19,000 $86,000
2016 $3,949 $105,000 $19,000 $86,000
2015 -- $105,000 $19,000 $86,000
2014 -- $105,000 $19,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20163862

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.109-0001-034.000-0000

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