NOT LISTED FOR SALE

87 Delaware St Saugerties, NY 12477

12 Beds
-- Bath
-- Sq Ft
2 Acres Lot

Sale Details

Date Sold: May 15, 2015

Last sale price $880,000

50 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Eat-In Kitchen
  • 2 Acre Lot
  • Gazebo
  • Baseboard Heating

About This Home

As of May 2015

Attention, investors! 12-unit well maintained and established apartment complex a block away from the lovely Hudson River. These 2 bedroom 1 bath mini-townhouse style units have a great flow and offer a utility room with washer and dryer hook-ups. Tenants pay all utilities: natural gas heat and electric. Great opportunity here you just can't pass up.

Last Agent to Sell the Property

Karen Sullivan

Coldwell Banker Village GreenK License #10401202237 Listed on: 12/08/2014

Coldwell Banker Village GreenK

Last Buyer's Agent

MaryAnn Miller

Past Member License #10491211607

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 2 Acre Lot
  • Waterfront
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Riccardi K-6 Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Underground Utilities

Additional Features

  • Water Views
  • Gazebo

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 9 / 3

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $6,000
  • New Taxes Expense $19,346
  • Net Operating Income $78,304

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

2 Acres

Parking

2

Listing Details

  • Year Built: 1989
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 2.0
  • Road Surface Type: Asphalt
  • View Type:Pond View: Water, Other
  • Water Body Name: HUDSON RIVER
  • Co List Office Phone: 845-331-5357
  • MLS Status: Closed
  • Location Tax and Legal:Tax Block: 3
  • General Property Information Lot Size Acres: 2.0
  • General Property Information Lot Size Dimensions: 2
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses New Taxes Expense: 19346.0
  • Income And Expenses Cap Rate: 7.0
  • Gross Scheduled Income: 127200.0
  • Electric:Underground: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Other Structures Gazebo: Yes
  • View Water3: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Structure Type Multi Family: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Linoleum
  • Appliances Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Other Structures: Gazebo
  • Lot Features:Level: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Paved
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service, Underground
  • 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

Fee Information

  • Trash Expense: 2000.0

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 2
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Insurance Expense: 6000.0
  • Net Operating Income: 78304.0

Tax Info

  • New Taxes Expense: 19346.0
  • Tax Block: 3
  • Tax Lot: 9

MLS Schools

  • Elementary School: Riccardi K-6
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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 List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $880,000 -11.9% --
01/27/2015 01/27/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $999,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20145947

Hudson Valley Catskills Region Multiple List Service
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