312 Tower Ave

Maybrook, NY 12543

$550,000
Last Sold Price
8
Beds
3,536 Sq. Ft.
$156 / Sq. Ft.
3,536
Sq. Ft.
$156
per Sq. Ft.
Closed 9/14/22
Closed 9/14/22

Description

A 4-family! Hard-to-find, profitable, well-maintained investment property with a solid tenant base; 4 identical units, 2 up, 2 down, mirror images. Reliable, responsible tenants who PAY ALL UTILITIES. Separate gas, electric & water meters. Four furnaces; four 40-gallon water heaters installed 2021; two decks 2022 & 2017; 4 individual a/c condensers. Hardwood floors in great room, wall-to-wall carpeting in bedrooms; landlord pays snow removal & landscaping, tenants pay everything else. Off-street...A 4-family! Hard-to-find, profitable, well-maintained investment property with a solid tenant base; 4 identical units, 2 up, 2 down, mirror images. Reliable, responsible tenants who PAY ALL UTILITIES. Separate gas, electric & water meters. Four furnaces; four 40-gallon water heaters installed 2021; two decks 2022 & 2017; 4 individual a/c condensers. Hardwood floors in great room, wall-to-wall carpeting in bedrooms; landlord pays snow removal & landscaping, tenants pay everything else. Off-street lot parking with 6 spaces, one per unit plus 2 first-come-first-served. Village garbage service (included in taxes); municipal water & sewer, natural gas. Great village location with easy access to major highways, Stewart International Airport, major area employers. Excellent commute, minutes to I-87, 1-84 and Rte 17, the Newburgh-Beacon Bridge and Ferry to Metro North, bus routes and shopping. About an hour from NYC. Legoland, West Point, Woodbury Commons are all within a 20-minute drive.
  1. Listed by Beryl Veasey Oles • Global Property Systems
    P: (914)-368-0022 C: (845)-728-9050 beryl@gpshousehunt.com

Property Details for 312 Tower Avenue

City/Township
Montgomery
Community Features
Park
Waterfront
No
LISTING UPDATED: 11/16/2024 08:54 AM

Property Details for 312 Tower Avenue

StatusClosed
MLS #H6197326
Days on Market8
Taxes$10,114 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1900
Lot Size0.30 AC / 13,007 SF
CountyOrange County

Location

Listing Courtesy of Global Property Systems

Sold By Keller Williams Hudson Valley

Add your commute

Building Information for 312 Tower Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.30 AC / 13,007 SF

Payment Calculator

$3,523 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$843

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 Tower Avenue

Summary
Location and General Information
  • Village: Maybrook
  • Senior Community YN: No
  • Directions: In the Village of Maybrook, take Rte 208 (Homestead Ave) to Jewell or William, to Tower. No sign.
  • Property Attached: No
  • Structure Type: false
  • Property Condition: Actual
  • State Or Province: NY
  • Water Access YN: No
School Information
  • School District: Valley Central (Montgomery)
  • Elementary School: Montgomery Elementary School
  • Middle Or Junior School: Valley Central Middle School
  • High School District: Valley Central (Montgomery)
  • High School: Valley Central High School
Rental
Rental
  • Seasonal Rental: No
  • RentSpree Y/N: false
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,200.00
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,200.00
Unit 3 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,300.00
Unit 4 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,200.00
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 4
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 4
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 334201-109-000-0002-020.000-0000
  • Tax Assessed Value: $145,400.00
  • Included In Taxes: Trash
  • Tenant Pays: All Utilities
  • Additional Fees: No
  • Association Amenities: Park, Trash
  • Association: No
Income & Expenses Information
Income & Expenses Information
  • Gross Income: $58,800.00
  • Maintenance Expense: $2,793.00
  • Trash Expense: $.00
  • Fuel Expense: $.00
  • Other Expense: $431.00
  • Cap Rate: 7.00%
Interior and Exterior Features
Interior Features
  • Amenities: 1st Floor Bedrm, Carpet, Deck, Eat in Kitchen, Fenced, Fire Escape, Hardwood Floors As Seen, Park, Patio, Public, Screens, Trash
  • Interior Features: Eat-in Kitchen, First Floor Bedroom
  • Appliances: Gas Water Heater
  • Basement: Walk-Out Access
  • Location Amenities: Walk Out Basement, Fenced, Fenced Yard, Hardwood Floors As Seen, Eat in Kitchen, 1st Fl Master Bedroom, Deck, Patio
  • Security Features: Fire Escape
  • Window Features: Screens
  • Flooring: Carpet, Hardwood
  • Basement: No
Exterior Features
  • Exterior Property Features: Deck, Patio, Off Street, Parking Lot, Fenced, Screens, Park, Level, Near Public Transit, Near School, Near Shops
  • Elevation Certificate: No
  • Fencing: Fenced
  • Patio And Porch Features: Deck,Patio
  • Construction Materials: Frame, Vinyl Siding
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level, Near Public Transit, Near School, Near Shops
  • Site Features: Park, Level, Near Public Transit, Near School, Near Shops
Parking
  • Parking Features: Off Street, Parking Lot
  • Parking Total: 6.00
Utilities
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Heat Fuel Type: Forced Air, Natural Gas
  • Number Of Heating Zones: 4
  • Number Of Separate Gas Meters: 4
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Trash Collection Private
  • Number Of Separate Electric Meters: 5
Green Features
  • Green Features: Screens, Gas Water Heater, Forced Air, Natural Gas
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 312 Tower Avenue

DateEvent & SourcePriceAppreciation
Sep 14, 2022

Sold (Public Record)

Public Record #1498429123

$550,000

+3.7% / yr

Sep 14, 2022

Sold

ONEKEY #H6197326

$550,000—
Aug 3, 2022

Pending

ONEKEY #H6197326

—
Jul 12, 2022

Listed (Active)

ONEKEY #H6197326

$575,000—
May 22, 2007

Sold (Public Record)

Public Record #221231094

$315,000—
May 22, 2007

Sold

HGMLS #407198

$315,000—
May 8, 2007

Contract

HGMLS #407198

—
Oct 24, 2006

Listed (Active)

HGMLS #407198

$349,900—
DateEvent & SourcePrice
09/14/2022

Sold (Public Record)

Public Record #1498429123

$550,000

+3.7% / yr

09/14/2022

Sold

ONEKEY #H6197326

$550,000
08/03/2022

Pending

ONEKEY #H6197326

—
07/12/2022

Listed (Active)

ONEKEY #H6197326

$575,000
05/22/2007

Sold (Public Record)

Public Record #221231094

$315,000
05/22/2007

Sold

HGMLS #407198

$315,000
05/08/2007

Contract

HGMLS #407198

—
10/24/2006

Listed (Active)

HGMLS #407198

$349,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 312 Tower Avenue

Taxable ValueLand$38,500Additions$106,900Total$145,400
Home Facts
Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtUnfinished Basement SqFt1,768 SqFtStories2Lot Size13,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Zoning26CountyORANGEAPN334201 109-2-20

Schools near 312 Tower Avenue

This home is within Valley Central School District (Montgomery).
Rating
School
Type
Grades
Distance
Montgomery Elementary School
Public - K to 5
Valley Central Middle School
Public - 6 to 8
Valley Central High School
Public - 9 to 12
Berea Elementary School
Public - K to 5
Rating
School
Distance
Montgomery Elementary School
PublicK to 5

Valley Central Middle School
Public6 to 8

Valley Central High School
Public9 to 12

Berea Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Global Property Systems

Based on information submitted to the MLS GRID as of 11/16/2024 08:54 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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 data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.