478 Main Street Beacon, NY 12508

Dutchess County

$1,769,000

  • 275.93Price Per SQ FT
  • MLS Number 4806114
  • Year Built 1900
  • Zoning GB
  • Contract Date 05/22/2018
  • Days on Market 97
  • Post Office Beacon
  • Municipality Beacon
  • School District Beacon
  • Sewer Municipal

Property Description For 478 Main Street Beacon, NY 12508

Fully occupied income property in pristine condition on Main Street in historic Beacon NY. Six apartments over 3 retail storefronts. Expertly maintained and managed. Solid rental history. Fully gut renovated in 1995 with all infrastructure rebuilt. Excellent condition with attractive appointments including exposed brick with high ceiling, and birch hardwood floors. Laundry room in building. Rental increases in place on all retail units. Full year leases on residential units. Gross rental income is $137,052. Net Income $100,925 Includes a 5% ... More
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Listing courtesy of Houlihan Lawrence Commercial

Beacon — Dutchess County

Beacon has experienced a resurgence in recent years with the arrival of DIA: Beacon. Today, traditional Main Street and diverse housing options are combined with artists' lofts, restaurants, galleries, and pubs in renovated historic mills and factories.

Other Schools Near 478 Main Street Beacon, NY 12508

Elementary School
  • N/A
Middle School
  • N/A
High School
  • N/A
Private
  • ALPHA AND OMEGA SCHOOLGrades: PRESCHOOL-3
  • OASIS CHRISTIAN SCHOOLGrades: K-10

Beacon — Dutchess County

Beacon has experienced a resurgence in recent years with the arrival of DIA: Beacon. Today, traditional Main Street and diverse housing options are combined with artists' lofts, restaurants, galleries, and pubs in renovated historic mills and factories.

Household Incomes

Housing Stock

Median sale price

April, 2018

$356,250

14% since March, 2018

27.2% since April, 2017

  April, 2018 March, 2018 April, 2017
Median sale price $356,250   14%   27.2%
Average sale price $330,900   -2%   -7.6%
Homes sold 10   25%   233.3%
Average days on market 146   -15.6%   27%
% of sale price to list price 98.5   2.8%   0.7%
Homes for sale 32   52.4%   18.5%
Months of inventory 3.2   23.1%   -64.4%
Loan Type 5 Yr ARM 7 Yr ARM 15 Yr Fixed 30 Yr Fixed
Interest Rate 2.746% 2.961% 3.182% 4.221%
Monthly Mortgage Amount $5,774 $5,937 $9,897 $6,938
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated RE Taxes $1,594 $1,594 $1,594 $1,594
Monthly Estimated Total $7,369 $7,531 $11,492 $8,532
Thoroughbred Mortgage

Information believed accurate but not warranted. The data relating to real estate for sale or lease on this web site comes in part from the Hudson Gateway Multiple Listing Serviecs. Real estate listings held by brokerage firms other than Houlihan Lawrence are marked with the Hudson Gateway Multiple Listing Service logo or thumbnail logo and detailed information about them includes the name of the listing broker.