$500,361*
●
Multifamily -
Off Market
330 Route 55
Napanoch, NY 12458
Studio
0 Bath
$315,000 - $383,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Solid 7 unit apartment building with detached 1 bedroom cottage
located in the convenient Wawarsing Town, close to Route 209,
Ellenville and major shopping. This second generation owned
property is well managed with a very low vacancy, most tenants are
long term with well maintained apartments. There are (5) one
bedroom units and (2) two bedroom, two story units and a 1 bedroom
detached cottage. The apartment building has a large storage
area/utility room that has a washer and dryer hookup. An oil
boiler does heating and hot water and the owner also has a outdoor
coal burning furnace if a buyer would like to keep the heating
costs very low. Owner pays for all utilities, each unit has
its own heating thermostat. At asking price the property has
a 9.03% cap rate including all expenses, 5% repair and maintenance
and a 5% vacancy rate. Motivated seller!! Full income
and expense sheet is available. Land is on both sides of the
street and property fronts the Rondout Creek, tenants can enjoy
plenty of off street parking, yard space and fishing and boating on
the Creek.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1965
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 9, 2020 | No longer available | - | |
No longer available | |||
Sep 9, 2019 | Listed | $349,900 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/09/2019
|
|
Studio
|
-
|
-
|
$349,900
Studio
-
|
-
-
|
-
|
WINTON MORRISON
Win Morrison Realty
|
08/10/2018
|
|
Studio
|
-
|
-
|
$400,000
Studio
-
|
-
-
|
-
|
Lynelle Alessi
Keller Williams Hudson Valley
|