111 Springtown Road

Closed 6/9/16
Closed 6/9/16
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Last Sold Price
$325,000
6 beds
111 Springtown Rd, New Paltz, NY 12561

Description

Fully-occupied money- maker just outside the Village. Property consists of 3 units: 4-BR, 2-bath that rents for $2800/month; 2-BR, 1-bath which rents for $1350/month. Road is in flood plain, house is not and can be accessed from High Ridge Rd. Landlord currently pays electric, but separate metering would lower expenses. Tenants are on month-to-month leases, those in the 4-BR unit would like to stay.Fully-occupied money- maker just outside the Village. Property consists of 3 units: 4-BR, 2-bath that rents for $2800/month; 2-BR, 1-bath which rents for $1350/month. Road is in flood plain, house is not and can be accessed from High Ridge Rd. Landlord currently pays electric, but separate metering would lower expenses. Tenants are on month-to-month leases, those in the 4-BR unit would like to stay.
LISTING CLOSED: 06/09/2016 12:00 AM

  1. Listed by Nancy Brenner • Past Member
    P: (845)-481-0630 C: (845)-481-0630 nbrenner@hvc.rr.com

Property Details for 111 Springtown Road

Status
Closed
MLS #
20144471
Days on Market
265
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Duplex
Year Built
1800
Lot Size
5.20 AC / 226,512 SF
County
Ulster County
Zoning
A15
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Location

Listing Courtesy of Past Member

Sold By Edwards Properties

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Building Information for 111 Springtown Road

Stories-Residences2Year Built1800Building Size-Lot Size5.20 AC / 226,512 SF

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$3,012 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,652

Property Taxes

$1,360

HOA Dues

$0

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Property Information for 111 Springtown Road

Summary
Location and General Information
  • Directions: From the Village of New Paltz, take 299 West, over Wallkill bridge, to right on Springtown Rd. Bear right at fork to stay on Springtown. House on left after Kleine Kill Rd. See mailboxes and long driveway in.
  • MLS Area Major: New Paltz
  • Latitude: 41.763218
  • Longitude: -74.097946
  • MLS Area Major: New Paltz
  • Sign On Property YN: Yes
Taxes and HOA
  • Association YN: No
  • Association Fee: $.00
  • Tax Block: 3
  • Tax Legal Description: 25.110,3,111 Springtown Rd
  • Association YN: No
Parking
  • Attached Garage YN: No
  • Garage YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Spaces: 0.0
  • Driveway: Yes
  • Off Street: Yes
  • Parking Lot: Yes
Property
Lot Information
  • Lot Size Acres: 5.2
  • Lot Size Dimensions: 5.2
  • Lot Size Area: 5.2
  • Lot Size Units: Acres
  • Lot Size Square Feet: 226512.0
  • Lot Size Acres: 5.2
  • Lot Size Dimensions: 5.2
  • Farmhouse: Yes
  • Clapboard: Yes
  • Frame: Yes
  • Meadow: Yes
  • Private: Yes
  • Sloped: Yes
Property and Assessments
  • Owner Name: Mass
  • Owner Phone: 2553224
  • Total Floor Plans Count: 0
  • Property Type: Residential Income
  • Year Built: 1800
  • Property Sub Type: Duplex
  • Page: 60
  • Section: 78.3
Taxes and HOA
  • Tax Assessed Value: 472000.0
  • Tax Lot: 25.110
Utilities
  • 150 Amp Service: Yes
  • Septic Tank: Yes
  • Cable Available: Yes
  • Well: Yes
Interior and Exterior Features
Exterior Features
  • Guest House: Yes
  • Second Residence: Yes
  • Shingle: Yes
Interior Features
  • Fireplace YN: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Range: Yes
  • Refrigerator: Yes
  • Permanent Stairs: Yes
  • Crawl Space: Yes
  • Living Room: Yes
  • Carpet: Yes
  • Hardwood: Yes
  • Baseboard: Yes
  • Eat-in Kitchen: Yes
Multi Family
Multi Family Information
  • Number of Units: 2
Income & Expenses
  • Total Annual Expenses: $13,867
  • Gross Scheduled Income: $53,310
  • Net Operating Income: $24,448
  • New Taxes Expense: $13,995
  • Other Expense: $5,507
  • Trash Expense: $1,005
  • Electric Expense: $2,376
  • Cap Rate: 7.00%
  • Electric Expense: $2,376.00
  • Fuel Expense: $4,773.00
  • Gross Scheduled Income: $53,310
  • Monthly Income: $4,150.00
  • Net Operating Income: $24,448
  • New Taxes Expense: $13,995
  • Other Expense: $5,507.00
  • Other Income: $0
  • Total Annual Expenses: $13,867
  • Trash Expense: $1,005.00
Mobile Home
Mobile Home Information
  • Sign On Property YN: Yes
Rental
Rental Information
  • All Utilities: Yes
  • Repairs: Yes
  • Trash Collection: Yes

Property History for 111 Springtown Road

DateEvent & SourcePriceAppreciation
Jun 9, 2016

Sold (Public Record)

Public Record #573267139

$325,000

-3.3% / yr

Sep 19, 2006

Sold (Public Record)

Public Record #209859116

$450,000—
DateEvent & SourcePrice
06/09/2016

Sold (Public Record)

Public Record #573267139

$325,000

-3.3% / yr

09/19/2006

Sold (Public Record)

Public Record #209859116

$450,000

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

Public Records for 111 Springtown Road

Taxable ValueLand$174,500Additions$226,500Total$401,000
Tax Record2025$16,321 ($1,360 / month)
Home Facts
Baths3Total Finished SqFt3,072 SqFtAbove Grade Finished SqFt3,072 SqFtStories2Lot Size226,512 SqFtStyleDuplexYear Built1800ZoningA1 5CountyULSTERAPN513889 78.3-3-25.110Fireplace TypeHas Fireplace

Schools near 111 Springtown Road

This home is within New Paltz Central School District.
Rating
School
Type
Grades
Distance
Duzine School
Public - PK to 2
Lenape Elementary School
Public - 3 to 5
New Paltz Middle School
Public - 6 to 8
New Paltz Senior High School
Public - 9 to 12
Rating
School
Distance
Duzine School
PublicPK to 2

Lenape Elementary School
Public3 to 5

New Paltz Middle School
Public6 to 8

New Paltz Senior High School
Public9 to 12

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: 111 Springtown Road, New Paltz, NY 12561
$325,000
6
–
226,512
115 Springtown Road, New Paltz, NY 12561
–
3
2
2,226
87,120
109 Springtown Road, New Paltz, NY 12561
$230,000
2
2
1,732
357,192
4 High Ridge Road, New Paltz, NY 12561
–
3
2,300
81,022
117 Springtown Road, New Paltz, NY 12561
–
–
–
2,921
217,800
2 High Ridge Road, New Paltz, NY 12561
$150,000
–
–
–
109,335

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Listing Courtesy of Past Member

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