11 Riozzi Court

Closed 5/24/22
Closed 5/24/22
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Sold
Last Sold Price
$389,000
5 beds
11 Riozzi Ct, Saugerties, NY 12477
Multi FamilyProperty Type
0.58 acresLot Size
1989Year Built
2 carsParking Spaces

Description

Money Maker! Exciting opportunity to own this solid three family investment with beautiful apartments is here! Whether you are a first time or seasoned investor, this property works. Two 2 bedroom, one bath units are located on the upper floors each with spacious bedrooms, ceramic baths, and open kitchen and living room areas with large deck for outdoor entertaining. The third unit, a one bedroom, one bath, is located on the lower level, also with an open floor plan. Each tenant properly maintains...Money Maker! Exciting opportunity to own this solid three family investment with beautiful apartments is here! Whether you are a first time or seasoned investor, this property works. Two 2 bedroom, one bath units are located on the upper floors each with spacious bedrooms, ceramic baths, and open kitchen and living room areas with large deck for outdoor entertaining. The third unit, a one bedroom, one bath, is located on the lower level, also with an open floor plan. Each tenant properly maintains their space and all units are in very good condition. Enjoy the additional income from the two car garage rental and convenient coin operated laundry area. Tenants pay rent only, all units are heated with natural gas furnaces and the building has municipal water and sewer. There is ample parking for all tenants. Property is always 100% occupied for immediate cash flow. Four family property next door is also for sale--See MLS #20220615. Make it a package deal and put your money to work for you! Riozzi Court is a private road and maintenance fee of approx $200/year is included in the Supplies line item.
  • Listed by: Catherine Lenz 845.389.5060 catherine.lenz@randrealty.com • Howard Hanna Rand Realty
Listing closed: 05/24/2022 12:00 AM • Source: HVCR MLS, MLS#: 20220613

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Property Information for 11 Riozzi Court

Property Details
  • Taxes: $6,355 / year
  • MLS Type: Residential Income / Triplex
  • County: Ulster County
  • Zoning: 230
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1989
  • Lot Size: 0.58 AC / 25,264 SF
Summary
Location and General Information
  • Directions: From Village of Saugerties, Route 9W South to left on Riozzi Court (across from Domino's Pizza, before Route 32) to house on left.
  • Township: Saugerties
  • MLS Area Major: Saugerties-Town
  • Latitude: 42.050621
  • Longitude: -73.956051
  • MLS Area Major: Saugerties-Town
  • Sign On Property YN: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $.00
  • Tax Block: 2
  • Tax Legal Description: 14.112,2,11 Riozzi
  • Association YN: No
School Information
  • School District: Saugerties Central Schools
Parking
  • Attached Garage YN: No
  • Garage YN: No
  • Garage Spaces: 2.0
  • Garage YN: No
  • Garage Spaces: 2.0
Property
Lot Information
  • Lot Size Acres: 0.58
  • Lot Size Dimensions: .58
  • Lot Size Area: 0.58
  • Lot Size Units: Acres
  • Lot Size Square Feet: 25264.8
  • Lot Size Acres: 0.58
  • Lot Size Dimensions: .58
  • Vinyl Siding: Yes
  • Level: Yes
  • Easement: Yes
Property and Assessments
  • Owner Name: Schaffer Trust
  • Owner Phone: c/o LR
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Year Built: 1989
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Page: 72
  • Section: 29.9
  • UC Private Historical Remarks: Total Deposit: 0, Tax Exemption -No N
  • UC Public Historical Remarks: FIPS Code: NY111, Garage Type: Drive Under, Age: 21-40, Lot Features: No Outlet, Lot/Site: Rural, Tenant Pays: Rent Only, Tenant Pays: Rent Only, Unit 3 Lease Terms: 10 mo
Taxes and HOA
  • Tax Assessed Value: 218500.0
  • Tax Lot: 14.112
Utilities
  • Public Sewer: Yes
  • Public: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Shingle: Yes
Interior Features
  • Fireplace YN: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Fireplace YN: No
  • Gas Water Heater: Yes
  • Range: Yes
  • Refrigerator: Yes
  • Ceiling Fan(s): Yes
  • Sliding Doors: Yes
  • Carpet: Yes
  • Ceramic Tile: Yes
  • Baseboard: Yes
  • Natural Gas: Yes
  • Eat-in Kitchen: Yes
Multi Family
Multi Family Information
  • Number of Units: 3
Income & Expenses
  • Total Annual Expenses: $18,621
  • Gross Scheduled Income: $53,580
  • Insurance Expense: $2,000
  • Net Operating Income: $34,959
  • New Taxes Expense: $6,355
  • Supplies Expense: $3,005
  • Trash Expense: $1,200
  • Cap Rate: 9.00%
  • Fuel Expense: $5,274.00
  • Gross Scheduled Income: $53,580
  • Insurance Expense: $2,000
  • Monthly Income: $4,315.00
  • Net Operating Income: $34,959
  • New Taxes Expense: $6,355
  • Other Income: $1,800
  • Supplies Expense: $3,005.00
  • Total Annual Expenses: $18,621
  • Trash Expense: $1,200.00
  • Water Expense: $787.00
Mobile Home
Mobile Home Information
  • Sign On Property YN: Yes
Rental
Rental Information
  • All Utilities: Yes

Property History for 11 Riozzi Court

DateEvent & SourcePriceAppreciation
May 24, 2022

Sold (Public Record)

Public Record #1492080221

$389,000—
DateEvent & SourcePrice
05/24/2022

Sold (Public Record)

Public Record #1492080221

$389,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Riozzi Court

Taxable ValueLand$71,500Additions$284,500Total$356,000
Tax Record2025$7,111 ($593 / month)
Home Facts
Baths3Total Finished SqFt3,332 SqFtAbove Grade Finished SqFt2,500 SqFtFinished Basement SqFt832 SqFtStories1Lot Size25,265 SqFtStyleTriplexYear Built1989Zoning23CountyULSTERAPN514889 29.9-2-14.112

Schools near 11 Riozzi Court

This home is within Saugerties Central School District.
Rating
School
Type
Grades
Distance
Riccardi Elementary School
Public - K to 6
Saugerties Junior High School
Public - 7 to 8
Saugerties Senior High School
Public - 9 to 12
Cahill School
Public - K to 6
Rating
School
Distance
Riccardi Elementary School
PublicK to 6

Saugerties Junior High School
Public7 to 8

Saugerties Senior High School
Public9 to 12

Cahill School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11 Riozzi Court, Saugerties, NY 12477
$389,000
5
–
25,264
13-15 Riozzi Court, Saugerties, NY 12477
$470,000
6
–
13,068
13 Riozzi Court, Unit 15, Saugerties, NY 12477
$470,000
–
–
3,696
13,068
8 Scarselli Lane, Saugerties, NY 12477
$297,000
2
999
23,086
3068 Rte 9W, Saugerties, NY 12477
–
–
–
2,884
–
19 Riozzi Court, Saugerties, NY 12477
$270,000
4
1,478
12,632

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Listing Courtesy of Howard Hanna Rand Realty

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2026, OneKey® MLS, Columbia Greene Northern Dutchess MLS, Hudson Valley Catskill Regional MLS and Ulster County Board of REALTORS. All rights reserved. Data last updated: 09/11/2026 10:45 PM