Discover an exceptional investment opportunity with this multifamily property featuring two distinct residential units and a versatile commercial office space below. The first unit offers 2 bedrooms and 1 bath, while the second unit comprises 1 bedroom and 1 bath. Recently upgraded with new AC, new flooring, new siding, new electrical systems, and new plumbing, this property ensures modern comfort and reliability. Additionally, it boasts a two-car garage and seven parking spaces. There is also the exciting possibility of converting the first-floor office space into two apartments, pending city approval. This property is a true income generator, with a proforma available upon request. Don't miss out on this chance to secure a high-yielding investment. Additional Information: ParkingFeatures:2 Car Detached,
Property Details
Property Features
Property Information:
Year Built: 1887
Listing Office:
Office Name: Century 21 Alliance Rlty Group
Office Phone: (845) 297-4700
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: Detached, Driveway
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $429,999
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Middletown, NY.
This property is $59.9K more than the Median Sold Price in Middletown, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY2
MLS Number: #H6316566
Listing Office:
Office Name: Century 21 Alliance Rlty Group
Office Phone: (845) 297-4700
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/18/2024, 10:11:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,214
Per Month
Principal & Interest
$2,147
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,356
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
William a Carter School
345 Schutt Road Ext
Distance between this listing and this school1.00 miles
Public District Grades KG-5
3
/10
Presidential Park Elementary School
48 Roosevelt Ave
Distance between this listing and this school1.02 miles
Public District Grades KG-5
4
/10
Maple Hill Elementary School
491 County Highway 78
Distance between this listing and this school2.08 miles
Public District Grades KG-5
Nearby Schools
4
/10
Middletown Twin Towers Middle School
112 Grand Ave
Distance between this listing and this school0.46 miles
Public District Grades 6-8
3
/10
Monhagen Middle School
555 County Highway 78
Distance between this listing and this school1.97 miles
Public District Grades 6-8
5
/10
C J Hooker Middle School
41 Lincoln Ave
Distance between this listing and this school5.12 miles
Public District Grades 6-8
Nearby Schools
5
/10
Middletown High School
30 Gardner Ave Ext
Distance between this listing and this school0.86 miles
Public District Grades 9-12
7
/10
Goshen Central High School
222 Scotchtown Rd
Distance between this listing and this school5.05 miles
Public District Grades 9-12
7
/10
Minisink Valley High School
2320 Route 6
Distance between this listing and this school6.77 miles
The neighbors living near this home have an average income of $70,728. Typical income of Middletown, NY residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 221 E Main St in Middletown, NY and zip code 10940. This home was built in 1887. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $429,999.
In November 2024 more than 14 listings in Middletown, NY were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Middletown, NY decreased by 17.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $370,000, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.