3 months on rocket

Sale Pending

12 Fox Ter, Poughkeepsie, NY, 12603

$300,000

Home List Price

$3,563*

Closing Credit

4 Bedrooms
2 Full Baths
2,024 SqFt
$148/SqFt
Multi
Schools Nearby

Location

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12 Fox Ter, Poughkeepsie$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1925
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #H6285626
Lot Size0.08 Acres
StatusSale Pending
(U)

About 12 Fox Ter

8.2 CAP RATE!!! Welcome to an exceptional investment opportunity in the heart of Poughkeepsie, New York! This well maintained, fully rented two-family property features spacious 2-bedroom/1-bathroom units ensuring immediate passive income generation. Below market rents and value add opportunity provides for a conservative 8.2 pro forma cap rate. This property promises an attractive return on investment! Conveniently located near schools and public transportation, in a resilient and growing real estate market, Poughkeepsie offers the ideal setting for this income-generating gem. With a strong rental demand, this property is a must-consider for investors seeking long-term appreciation and consistent rental income. Don't miss out on this golden opportunity schedule a viewing today and secure your place in the thriving Poughkeepsie market!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 2,024 SqFt

Listing Office:

  • Office Name: Legacy Land & Homes LLC
  • Office Phone: (845) 206-9462

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Church Street East to right onto S Cherry Street, to left onto Fox Terrace #12 on right (sign on)

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $2,621
  • Tax Year: 2020
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Housing Market Comparison

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

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Poughkeepsie, NY

City

Med. Sold Price

$365.3K

Med. Price/SqFt

$195

Avg. Days On Market

56

# of Sold Homes

57

12 Fox Ter vs Poughkeepsie

102 DAYS ON ROCKET

+46 Days

$300,000

-$65.3K Less

$148/SqFt

-$47 Less

KEY TAKEAWAY

This property is $65.3K less than the Median Sold Price and $47/SqFt less than other homes in Poughkeepsie, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6285626

Listing Office:

  • Office Name: Legacy Land & Homes LLC
  • Office Phone: (845) 206-9462

IDX 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.

IDXThe 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: 5/1/2024, 11:56:15 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

Mar 16, 2018Home Sold
$132,000
Jul 24, 2009Home Sold
$106,644

Tax History

YEARPROP. TAXASSESSMENT
2020$2,621$158,000
2019$5,051$143,600
2018$5,264$136,800
2017$4,434$130,300

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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-4530594
5
/10

  • Gov George Clinton School

  • 100 Montgomery St

  • 0.53 miles

  • Public District Grades 1-5

school-card-donut-4530595
4
/10

  • Warring Magnet Academy of Science and Technology

  • 283 Mansion St

  • 0.58 miles

  • Public Magnet Grades KG-5

school-card-donut-4530596
5
/10

  • Arthur S May School

  • 25 Raymond Ave

  • 0.77 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,261. Residents of Poughkeepsie, NY typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Dutchess County›Poughkeepsie›12603›12 Fox Ter

This home is located at 12 Fox Ter in Poughkeepsie, NY and zip code 12603. This 2,024 square foot home, which was built in 1925, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $300,000.

In April 2024, from all listings sold in Poughkeepsie, NY there were more than 26 sold above asking price, over 18 sold below and more than 13 were sold right at the asked price. In April 2024 in Poughkeepsie, NY there were 11% more homes for sale than in March 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $365,393.

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

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