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    879 Farmers Mills Road

    Carmel, NY 10512
    • $635,000
    • STATUS: Active
    • ON SITE: 59 days
    • MLS #: H6132393
    UPDATED: 26 min ago
    $635,000
    • 4
      BEDS
    • 1.17
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,540
      SQFT
    • $179
      $/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% CAP

    Monthly Payment Calculator



    © 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 Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-26T18:15:59.183.
    www.frankschiavone.com/homes/119792560
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    879 Farmers Mills Road Carmel, NY 10512

    • Price: $635,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: H6132393
    4
    Beds
    4
    Baths
    0
    ½ Baths
    1.17
    Acres
    3,540
    SQFT
    $179
    $/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% 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 Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-26T18:15:59.183.
     
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