2880 Route 32
Kingston, NY 12401

12 Bd   6 Ba   — Sqft
Incredible investment.. This is a unique property consisting of a 4 family and a Single family home on 8.8 acres. The cap rate has been figured based on adding the single family with the 4 family property. The cap rate would be 8% based on the value given to the 4 family and single family. This property does lend itself to be a complete rental/income opportunity by renting the Single Family as well. Highest and best use would be to live in the single family while renting the 4 family (currently fully occupied with long term tenants) In addition to this you have extra acreage!
  • Zipcode: 12401
  • Days on Movoto: 228
  • Year Built: 1970
  • HOA: $0 HOA
  • $/Sqft:
  • Lot: 8.80 Acres
  • Property Type: Multi Family
  • MLS#: 20164751
  • MLS: Ulster County MLS
  • Listing Office: Murphy Realty Group
  • Listed By: Jeanne Boice
  • Movoto last checked Ulster County MLS for new data 4 hours ago
  • Ulster County MLS last updated this listing 1 month ago

Home Features

Overview
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Property History

Status
Date
Price
Listed
Oct 10, 2016
Listed
Oct 10, 2016
$489,000
#20164752
Listed
Oct 10, 2016
Listed
Oct 10, 2016
$489,000
#20164751

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YOU
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2880 Route 32
  • $489,000
  • For Sale

    228 days

  • 12 Bd
  • 6 Ba
  • —/Sqft
  • 8.80 Acres Lot
  • Built 1970
2880 Route 32 in ZIP code 12401 is a multi family home currently listed for $489,000. This is 188% above the median of $169,700 for 12401 and 188% above the median price of $169,700 for the city of Kingston, NY. As of today, , there are 224 properties listed for sale in the 12401 area and 224 properties listed for sale in Kingston. Of those 224 properties for sale, 220 are single family homes and 4 are condos. 2880 Route 32 is approximately — square feet, 100% below the Kingston median of 1,672 and 100% below the 12401 ZIP code median of 1,672. The price per square foot is —, which is 100% below the median price in 12401 of $122 and 100% below the Kingston median of $122 per square foot.
Built in 1970, this 12-bedroom, 6-bathroom multi family house is located at 2880 Route 32 does not come with a parking spot. It is listed on 10/10/2016. The closest school is Kingston High School.

2880 Route 32 has been on the market for 228 days. The median days on the market for properties in this area is 85 with a median list price of $169,700 and median cost per square foot of $122. It's currently listed as active under the MLS #20164751.

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