1255 Lucas Ave, Rosendale
Great 4 unit investment property with a 9.77% cap rate at asking price. Property consists of a solid, renovated 3 family home, detached 2 bedroom mobile home and a detached 2 car garage. The home and trailer are set off the road on a sprawling 2 acre parcel great for owner use or land for tenants to enjoy. First floor 3 bedroom apartment has been recently vacated, we are leaving that unit vacant to make showings easier, owner will rent the unit prior to closing if a buyer requests. 9.77% cap rate at asking price includes all expenses, $1,200 lawn/snow expense, 3% vacancy rate and a 3% repair and maintenance expense. Owner pays the heat and hot water for the 3 family home (oil boiler) tenants pay the electric, mobile home tenant pays all their own expenses. There are two wells and two septic system on the property, one for the 3-family and one for the mobile home. 3-family has a newer concrete septic tank and a new septic line going from the house to the tank. The mobile home has a newer plastic septic tank. Roof on the 3-family is about 4-5 years old, architectural 30 year shingle. First showing we can only see the vacant 3 bedroom unit, utility room for the 3-family, 2 car detached garage and all the grounds. Second showing we can see all the other occupied units.
- MLS® #20180187
- Year Built1969
- Sub-Type4 Family
- StyleTWO STORY
- AmenitiesGARDEN AREA, PLAY AREA
- ParkingDRIVEWAY, OFF STREET, 3 CAR +
- GaragesGarage Detached
- Exterior FeaturesLANDSCAPED
- Lot DescriptionLEVEL, LANDSCAPED, SLOPE-GENTLY
- RoofASPH SHINGLE, MEMBRANE
- Address1255 Lucas Ave
- CountyUlster County
- Zip Code12472
- Interior FeaturesSMOKE DETECTOR, CARBON MONIXIDE DETECTOR, INSULATED DOORS, STORM WINDOWS, INSULATED LOW E WINDOWS
- AppliancesRANGE, REFRIGERATOR
- HeatingFORCED AIR, BASEBOARD, HOT WATER
- CoolingCEILING FAN
- Listing AgentGregory Berardi
- Listing OfficeWin Morrison Realty
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Murphy Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker.
Copyright © 2018 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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.