40 Orchard Ln
Woodstock, NY 12498
$231,011 Trulia Estimate

40 Orchard Ln
Woodstock, NY 12498

  • 2,992 sqft
  • 7,405 sqft lot size
  • Multi-Family
Off Market · Public Record
$231,011 Trulia Estimate
40 Orchard Ln
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  • 3 Elementary Schools

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Ulster county.

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  • 90% of residents commute by car.

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  • 24 Restaurants

    1 Grocery store

    7 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 1960
  • 7,405 sqft lot size
  • 2,992 sqft
Description

This property is no longer available to rent or buy. This description is from December 03, 2016
Great opportunity to own a legal 4 unit multi family property at an in-town location. Tenants can walk to everything, shopping, banks, restaurants, galleries, playhouse, NYC bus. This could be a profitable Air BnB or long term rental property or combination of both. Many possible options. Property being sold "AS IS" Needs repairs, renovations and updating to make it work for it's best use. Can be a legal 5 unit with 4th studio renovated, Currently there are 4 studio apartments downstairs and 1 large 2 plus bedroom apt. upstairs. Two studios pay $625 per month with no leases. The third studio pays $625 with a 1 year lease. The 4th studio needs updating before renting. The upstairs 2 plus b/r apt. rents for$1,495 per month. It is now vacant. All rental amounts include utilities. Roof is 7 years old, furnace has new heat exchanger. Property has municipal water and sewer. Water and sewer costs approx. $1,318 per year. Total sq. footage is 2,992 as per town records.

Property Taxes and Assessment
Year
2016
Tax
N/A
Assessments
$187,500
Land
$85,000
Improvements
$102,500
Total
$187,500
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 12498
$496,687
Median Sale Price for 12498
$385,750
Average Sale price/sqft for 12498
$244/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
9.97
Multi-Family
$71,900
12/06/17
4
2
2,282
5.95
Multi-Family
$178,000
10/23/17
7
3
2,275
5.65
Income/Investment
$141,000
11/03/17
-
-
840
10.09
Multi-Family
$110,000
05/11/17
3
2
1,389
4
Multi-Family
$350,000
09/26/17
-
-
3,248
0.97
Income/Investment
$420,000
08/16/17
-
-
538
9.75
Multi-Family
$125,000
09/05/17
4
2
1,787
9.92
Multi-Family
$97,550
09/01/17
5
2
1,945
9.41
Multi-Family
$365,000
10/10/17
6
3
2,884
9.77
Multi-Family
$275,000
09/12/17
-
-
3,526

Contact Info


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