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879 Farmers Mills Road

Carmel, NY 10512
  • $619,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: H6132393
UPDATED: 61 min ago
$619,000
  • 4
    BEDS
  • 1.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,540
    SQFT
  • $175
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

7% 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 = 76,800. Total Expenses = 32,000. NET INCOME = 44,800- - - 7.5% CAP

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© 2021 OneKey MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Points North - Team Galligan. Data last updated: 2021-10-24T22:16:09.48.
www.thegalligangroup.com/homes/119792560
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879 Farmers Mills Road Carmel, NY 10512

  • Price: $619,000
  • Status: Active
  • Updated: 61 min ago
  • MLS #: H6132393
4
Beds
4
Baths
0
½ Baths
1.17
Acres
3,540
SQFT
$175
$/SQFT
1960
Built
Neighborhood:
Kent
County:
Putnam
Area:
Kent
Elementary School:
Kent Elementary School
Middle School:
George Fischer Middle School
High School:
Carmel High School
School District:
Carmel
Property Description
7% 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 = 76,800. Total Expenses = 32,000. NET INCOME = 44,800- - - 7.5% CAP
Exterior Features

Construction Materials FrameShingle Siding Garage YN No Lot Features Level Parking Features Driveway

Interior Features

Basement None Cooling Window Unit(S) Cooling YN Yes Heating ElectricBaseboard Numberof Heating Zones 6

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 20100.00 Water Source Well

Listing courtesy of Justin Pieragostini of Keller Williams Realty Partner.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Points North - Team Galligan. Data last updated: 2021-10-24T22:16:09.48.
 
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