NOT LISTED FOR SALE

917 Violet Ave Hyde Park, NY 12538

Estimated Value: $399,000 - $500,000

6 Beds
3 Baths
2,220 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $425,000 $191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,877/month

65 Days on Market

Highlights

  • Water Access
  • Window Unit Cooling System
  • Forced Air Heating System
  • Separate Outdoor Workshop

About This Home

As of June 2024

Welcome to this exceptional multi-unit property, boasting a meticulously renovated main house in 2024, ensuring contemporary comfort and style. With a gross rental income of $57,000 and minimal expenses, this investment opportunity promises lucrative returns. Upon arrival, you'll be greeted by a newly paved driveway, offering both convenience and aesthetic appeal. The main house stands as the centerpiece of this property, exuding charm and sophistication with its recent renovation. Step inside to discover modern finishes, ample living space, and an inviting atmosphere that tenants will love to call home. Outside, a sprawling backyard awaits, providing residents with a private oasis to relax and unwind. Whether it's hosting gatherings, gardening, or simply enjoying the fresh air, this expansive outdoor space offers endless possibilities. Don't miss your chance to own this income-generating gem, where every detail has been thoughtfully curated for maximum appeal and profitability. Take advantage of this opportunity to invest in a property that combines both luxury and financial success. Schedule your viewing today and prepare to make this multi-unit property a cornerstone of your real estate portfolio.

Last Agent to Sell the Property

Joseph Belmonte

BHHS Hudson Valley Properties Brokerage Phone: (845) 473-1650 License #10401381501 Listed on: 02/12/2024

BHHS Hudson Valley Properties

Last Buyer's Agent

Roadman Etienne

BHHS Hudson Valley Properties License #10401263553

BHHS Hudson Valley Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,086

Year Built

  • Built in 1934 | Remodeled in 2024

Lot Details

  • 0.72 Acre Lot
  • Two or More Common Walls

Home Design

  • 2,220 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Separate Outdoor Workshop

Schools

  • Ralph R Smith Elementary School
  • Haviland Middle School
  • Franklin D Roosevelt High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 133200-6164-02-517701-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,086

Year Built

Built in 1934 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1934
  • Year Built Effective: 2024
  • Attribution Contact: (845) 473-1650
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2220
  • SquareFootage: 2220.00
  • SquareFootageSource: Other

Exterior Features

  • Other Structures: Workshop
  • Waterfront Features: Water Access

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: No Garage, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Oil, Forced Air
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Public
  • Hot Water: Electric Stand Alone,Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Haviland Middle School

Lot Info

  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Sq Ft: 31363
  • Lot Size Units: Acres
  • Parcel Number: 133200-6164-02-517701-0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 6086
  • Tax Map Number: 133200-6164-02-517701-0000

MLS Schools

  • Elementary School: Ralph R Smith School
  • High School: Franklin D Roosevelt High School
  • Middle School District: Hyde Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 14, 2024
Sold by
Quantum View Holdings Llc
Bought by
Cheng Kwan F and Cheng Pearly
Seller's Agent
Joseph Belmonte
BHHS Hudson Valley Properties
Buyer's Agent
Roadman Etienne
BHHS Hudson Valley Properties
List Price
$474,990
Sold Price
$425,000
Premium/Discount to List
-$49,990
-10.52%
Views
179
Current Estimated Value
$438,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,433
Avg. Annual Appreciation
2.54%
Original Mortgage
$297,000
Outstanding Balance
$293,858
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,575

Purchase Details

Closed on
Aug 16, 2021
Sold by
Wood Alan
Bought by
Quantum View Holdings Llc

Purchase Details

Closed on
May 23, 2008
Sold by
Wood Alan
Bought by
Wood Alan
Source: Public Records

Range of Values:

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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
Cheng Kwan F $425,000 None Available
Quantum View Holdings Llc $95,000 First American Title
Wood Alan -- Fred Schaeffer
Wood Alan -- Fred Schaeffer
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kwan F $297,000
Previous Owner Quantum View Holdings Llc $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $425,000 -10.5% $191 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $474,990 -- $214 / Sq Ft
Source: OneKey® 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 $6,086 $110,000 $29,900 $80,100
2023 $6,086 $90,000 $29,900 $60,100
2022 $5,862 $90,000 $29,900 $60,100
2021 $5,857 $90,000 $29,900 $60,100
2020 $5,865 $90,000 $29,900 $60,100
2019 $5,754 $90,000 $29,900 $60,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6288972

OneKey® MLS

APN: 133200-6164-02-517701-0000