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402 Mohawk St, Herkimer, NY, 13350

$175,000

Home List Price

$2,078*

Closing Credit

2 Full Baths
3,462 SqFt
$51/SqFt
Multi

Location

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402 Mohawk St, Herkimer$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved
Year Built1950
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #S1576709
Lot Size0.13 Acres
StatusActive

About 402 Mohawk St

What if you were presented with a blank canvas to launch your next adventure, a property located within 'The County Seat' of Herkimer County? A walkable community on the cusp of a 'reawakening'. This intriguing redevelopment opportunity is centered on one of the most prominent streets within the village and 5 minutes to the New York State thruway exit. This area is an up-and-coming mix-use destination attracting smart investors. Constructed in 1950, the structure has homed a number of businesses through the years. Currently, there are 2 separate units. The seller of the building had a vision of creating a restaurant on one side of the building and a new kitchen was installed at a cost of over $100,000. The property owns substantial sidewalk areas and outdoor dining has been approved by local codes. Updated and efficient HVAC also installed. With a strong interest in the revitalizing of Herkimer, properties like this will not stay on the market long. Bring your vision to Historic Herkimer NY and develop a memorable legacy for the future generations to enjoy. Seller is open to owner financing with significant down payment or Willing to lease.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1950
  • Stories: 1
  • Living Area: 3,462 SqFt

Listing Office:

  • Office Name: River Hills Properties LLC Barn
  • Office Phone: (315) 896-1009
  • Listing Agent: Robin Mongeau

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Flooring Type: Tile, Varies, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Parking: Paved

Virtual/3D Tour

  • Virtual Tour: 402 Mohawk St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Irregular Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Utica take NY-5S E to Mohawk St in Herkimer. Continue on Mohawk St. Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $6,267
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Herkimer, NY.

Med. Sold Price

$133.7K

Med. Price/SqFt

$83

Avg. Days On Market

56

# of Sold Homes

5

402 Mohawk St vs Herkimer

6 DAYS ON ROCKET

-50 Days

$175,000

+$41.2K More

$51/SqFt

-$32 Less

KEY TAKEAWAY

This property is $41.2K more than the Median Sold Price and $32/SqFt less than other homes in Herkimer, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1576709

Listing Office:

  • Office Name: River Hills Properties LLC Barn
  • Office Phone: (315) 896-1009
  • Listing Agent: Robin Mongeau

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. 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: 11/14/2024, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 2017Home Sold
$74,000
Mar 30, 2011Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,267$103,000
2019$3,502$103,000
2018$3,502$103,000
2017$6,002$103,000

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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.

Nearby Schools

school-card-donut-323281
3
/10
  • Herkimer Elementary School

  • 255 Gros Blvd

  • 1.87 miles

  • Public District Grades PK-5

school-card-donut-323282
4
/10
  • Barringer Road Elementary School

  • 326 Barringer Rd

  • 3.48 miles

  • Public District Grades 2-4

school-card-donut-323283
4
/10
  • Frankfort-Schuyler Elementary School

  • 610 Reese Rd

  • 4.11 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,270. Most Herkimer, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkHerkimer CountyHerkimer13350402 Mohawk St

This home is located at 402 Mohawk St in Herkimer, NY and zip code 13350. This 3,462 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $175,000.

Over 1 listings were sold over their listed price in October 2024 in Herkimer, NY. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Herkimer, NY decreased by 7.4% between September 2024 and October 2024. In October 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $133,750.

From Rocket Homes Real Estate and based on county public records data.

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