879 Farmers Mills Road

    Carmel, NY 10512
    • $580,000
    • STATUS: Active
    • ON SITE: 96 days
    • MLS #: 4935976
    UPDATED: 56 min ago
    $580,000
    • 4
      BEDS
    • 1.17
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $164
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    6.5% CAP - Great Investment of FOUR LEGAL 1 bedroom Apartments with 5 full possible apartments on a level private lot with ample parking up to 10 cars. This money maker has a solid tenant roll with many new improvements. Tenants pay all electric with electric heat on 5 separate meters. Landlord pays snow, landscape and hot water. NEW: front windows, complete bathrooms in all units, garage doors, well pump and entire well casing, water softener system, and water pressure storage tank. Roof is 9 years new. Separate room in rear of building ready for laundry room that has a separate dry well. Total Gross Rent = 68,700. Total Expenses = 30,900. NET INCOME = 37,800 at 580,000 is a 6.5% CAP

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    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than William Raveis Legends Realty Group are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-08-21T20:15:12.033.
    www.legendsrealtygroup.net/homes/94890025

    879 Farmers Mills Road Carmel, NY 10512

    • Price: $580,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 4935976
    4
    Beds
    4
    Baths
    0
    ½ Baths
    1.17
    Acres
    3,540
    SQFT
    $164
    $/SQFT
    1960
    Built
    Neighborhood:
    Kent
    County:
    Putnam
    Area:
    Kent
    Elementary School:
    Kent Elementary
    Middle School:
    George Fischer
    High School:
    Carmel
    School District:
    Carmel
    Property Description
    6.5% CAP - Great Investment of FOUR LEGAL 1 bedroom Apartments with 5 full possible apartments on a level private lot with ample parking up to 10 cars. This money maker has a solid tenant roll with many new improvements. Tenants pay all electric with electric heat on 5 separate meters. Landlord pays snow, landscape and hot water. NEW: front windows, complete bathrooms in all units, garage doors, well pump and entire well casing, water softener system, and water pressure storage tank. Roof is 9 years new. Separate room in rear of building ready for laundry room that has a separate dry well. Total Gross Rent = 68,700. Total Expenses = 30,900. NET INCOME = 37,800 at 580,000 is a 6.5% CAP
    Exterior Features

    Construction Description Frame Lot Description Level Parking Driveway Parking Spaces 10 Siding Description Shingle

    Interior Features

    Air Conditioning Window Units Attic Description Partial Basement Description None Heating Fuel Electric Heating Type Base Board Heating Zones 6 Hot Water Indirect Tank Num Of1 Bedrooms 5 Num Of2 Bedrooms 0 Num Of3 Bedrooms 0 Num Of4 Bedrooms 0

    Property Features

    Adult55 Community No Garbage Private Gas Available YN No Reo Bank Owned 0 Sewer Description Septic Sq Ft Source Municipality Tax Amount 19000 Tax Source Other Tax Year 2019 Type Of Unit Duplex Village None Water Description Drilled Well

    Listing courtesy of Justin Pieragostini of Keller Williams Realty Partner.

    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than William Raveis Legends Realty Group are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-08-21T20:15:12.033.
     
    William Raveis Legends Realty Group
    37 Main Street
    Tarrytown NY, 10591