96 Hurley Road, Woodstock, NY 12498 (MLS# 20054929)
$1,700,000
Woodstock, NY 12498
MLS# 20054929
Status: Closed
12058 sqft
1 / 4
Property Description
RARE OPPORTUNITY TO OWN SUPERIOR 19 UNIT GARDEN APT COMPLEX IN WOODSTOCK. PROPERTY CONSISTING OF 8 BUILDINGS, INCLUDING "ONE" 5 BEDROOM HOUSE, "ONE" 2 BEDROOM HOUSE & A MIX OF 1 & 2 BEDROOM APARTMENTS ALL FRAMED BY OVER 6 ACRES IN A PARK LIKE SETTING. BUILDING EXTERIORS ARE ALL IN VERY GOOD CONDITION, MOST INTERIORS HAVE UNDERGONE RENOVATIONS IN THE LAST 3 YRS. CURRENT CAP RATE 8% WITH ROOM TO RAISE RENTS IN MOST UNITS. SPREADSHEET AVAILABLE THROUGH LISTING AGENT.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: MAZZILLI / ROSLYN
Owner Phone: 0
Occupant Name: TENANTS
Current Price: $1,700,000
Original List Price: 1799000
Sold Price: $1,700,000
Status: Closed
Listing Contract Date: 2005-06-02
Property Sub Type: Other
Location, Tax, and Legal
School District: Onteora Central
Elementary School: Woodstock K-3
General Tax: 9068
School Tax: 16223
Tax Assessed Value: 760600
Tax Legal Description: 25, 3, 96 W HURLEY RD
Tax Lot: 25
Tax Block: 3
Zoning Description: COMM
Directions: FROM RTE 28, TAKE 375 APPROX. 2 MILES TO PROPERTY ON LEFT
General Property Information
Business Name: FERNWOOD ACRES
Number Of Units Total: 19
Lot Size Acres: 6
Lot Size Dimensions: IRREG
Sign On Property YN: Yes
List Price/SqFt: 149.2
Sold Price/SqFt: 140.99
Living Area: 12058
Year Built: 1970
Remarks and Miscellaneous
Public Remarks: RARE OPPORTUNITY TO OWN SUPERIOR 19 UNIT GARDEN APT COMPLEX IN WOODSTOCK. PROPERTY CONSISTING OF 8 BUILDINGS, INCLUDING "ONE" 5 BEDROOM HOUSE, "ONE" 2 BEDROOM HOUSE & A MIX OF 1 & 2 BEDROOM APARTMENTS ALL FRAMED BY OVER 6 ACRES IN A PARK LIKE SETTING. BUILDING EXTERIORS ARE ALL IN VERY GOOD CONDITION, MOST INTERIORS HAVE UNDERGONE RENOVATIONS IN THE LAST 3 YRS. CURRENT CAP RATE 8% WITH ROOM TO RAISE RENTS IN MOST UNITS. SPREADSHEET AVAILABLE THROUGH LISTING AGENT.
Status Change Information
Status Change Timestamp: 2006-10-11
Buyer Financing: Conventional
Major Change Timestamp: 2006-10-10T23:24:59Z
Major Change Type: Status Change
Purchase Contract Date: 2006-03-01
Close Date: 2006-10-10
Close Price: 1700000
Appliances
Water Heater: 1
Other: 1
Basement
Crawl Space: 1
Finished: 1
Full: 1
Book Information
Liber/Book: 3512
Page: 334
Section: 27.18
Construction Materials
Frame: 1
Electric
200+ Amp Service: 1
Flooring
Carpet: 1
Hardwood: 1
Linoleum: 1
Heating
Baseboard: 1
Oil: 1
Propane: 1
Listing Terms
Lease Option: 1
Showing Considerations
Occupied: 1
Documents Available
Survey: 1
Income and Expenses
Cap Rate: 8
Electric Expense: 3316
Fuel Expense: 13721
Gross Income: 17939
Gross Scheduled Income: 215268
Insurance Expense: 7035
Net Operating Income: 157779
Total Annual Expenses: 4991
Trash Expense: 2087
Water Expense: 3032
Owner Pays
Taxes: 1
Location
Rural: 1
Business Type
Other: 1
Showing Requirements
Call Listing Agent: 1
Sale Includes
Building: 1
Showing Information
Showing Instructions: CALL LA
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: ASSIGNED,DRIVEWAY, Age: 21-40, Lease Type: Month To Month,One Year, Terms: To Qual. Buyer
Location Tax and Legal
Street Number: 96
Street Name: Hurley
Street Suffix: Road
State: NY
Zip Code: 12498
Town (Taxable): Woodstock
Property Features
Appliances: Water Heater; Other
Basement: Crawl Space; Finished; Full
Business Type: Other
Construction Materials: Frame
Documents Available: Survey
Electric: 200+ Amp Service
Flooring: Carpet; Hardwood; Linoleum
Heating: Baseboard; Oil; Propane
Listing Terms: Lease Option
Location: Rural
Owner Pays: Taxes
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Sale Includes: Building
Listing Courtesy of Win Morrison Realty-K
Listing Agent: Gregory Berardi