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Off market
  • $413,600

    12238 & 12236 State Route 176, Cato, NY 13033

    9beds
    3,100sqft
    MultiFamily
    Built in 1988
    -- sqft lot
    $413,600 Zestimate®
    $133/sqft
    $1,797 Estimated rent

    Home value

    $413,600

    $335,000 - $505,000

    $1,797/mo

    Zestimate® history
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    Owner options

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    $1,797/mo

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    $1,797/mo

    Rent Zestimate®

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    $2,928/mo

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    $2,928/mo

    Est. payment

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    What's special

    Country Living at it's finest ! These two, 2 - Family homes are nestled in 6.3 acres of solitude. The well thought out design and layouts provide exclusive entry to each unit without much invasion to others. Each unit has been designed such that the outdoor active area and parking for the respective unit does not overlay or interfere with one another. These Cato-Meridian district homes provide abundant wildlife, plenty of space for hunting and bird watching along with a pond-ed area for aquatic wildlife. Both of these properties were built under the newer building codes incorporating 6 inch walls and high value roof insulation. The combination of both buildings offer: One, 1 Bedroom and a 2 bedroom in the North structure and One 2 bedroom with a 3 bed + loft in the South structure. The south structure has ALL divided services, INCLUDING the hot water lines. This building supports high efficiency warm air furnaces exclusive to each unit along with individual electrical service panels for each unit. All accessible from a common utility room where enough room exists for a coin Op washer and dryer. No worries for Landlord laundry power, there is a 3 rd electrical meter already installed. North structure has divided services as well, however, the hot water is a responsibility of the owner. Along with only one furnace, the landlord splits the Lp gas bill and each tenant pays half, as the square footage is exactly the same. There are 3 electrical services into the building and one well on the property serving both structures, served from this building out of a common utility room. Several new improvements have been made to these properties in the last few years. Including a new leach field serving the south structure along with a new roof on the same building. This one was newly sided in 2019, and it shows ! Carpet, tile and some appliances are new as well, accomplished during recent upgrades. Originally an owner occupied property, this parcel is a one owner facility. The current rental includes 100% occupancy with RECENTLY RENEWED ANNUAL lease agreements. These rentals have always been an easy to keep filled by nature of a lack in rentals in the Cato - Meridian School district. Currently, the rents are a bit under market value as the owner has long paid for the property, is retired and is able to keep long term tenants by not raising rents. The south building supports gross rent in the amount of $1,375 monthly. And the north building brings in a total of $1,225 monthly.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Appliances
    • Included: Dishwasher, Refrigerator
    Interior area
    • Total interior livable area: 3,100 sqft

    Property

    Lot
    • Size: 6.1 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1988

    Community & HOA

    Location
    • Region: Cato

    Financial & listing details

    • Price per square foot: $133/sqft

    Price history

    DateEventPrice
    7/13/2021Listing removed--
    Source: NY State MLS Report a problem
    5/26/2021Listed for sale$169,998$55/sqft
    Source: NY State MLS #10990789 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 13033

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cato-M

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.