5 Bank StMonticello, NY 12701
- Investment properties
- 10,260 SF
For Sale
$585,000
View listing
Property Details for 5 Bank St
- Year built
- 1910
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 10,260 SF
- Zone code
- B2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 484601 112.-9-6
- APU
- 48460111296
Description
680 sq. ft. with a full basement. Renovations have been started. There is a new concrete floor in the basement and all the stone walls have been reapointed to make them water tight. New sewer pipes have been installed in the basement and a hot water heater. Upstairs there is all new subflooring throuhout the building. Some walls were taken out others were reinforced. All the old ceilings were taken out and many rooms have new sheet rock . The top floor and the orginal home of the Masons has a large meeting room
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,548,743
- 6.5%
- $2,352,686
- 7%
- $2,184,637
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,349,582
- Geo Method
- $1,340,572
-
Alternative Use
- Use
- Valuation
- Residential
- $2,917,330
- Hospitality
- $2,672,259
- Educational
- $2,223,288
- Medical
- $2,299,750
- Retail
- $3,458,448
Location Insight
- City
- Monticello
- County
- Sullivan
- State
- New York
- Latitude
- 41.6552
- Longitude
- -74.6854
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$20,000
$80,000
$100,000
-
$40,000
$160,000
$200,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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