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Newburgh 12550
121 Chambers Street
$225,000
● House - Off Market

121 Chambers Street

Newburgh (City), NY 12550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,121 Ft²
$1,781
Est. Monthly
13.83%
Cap Rate

About This Property

Roll up your sleeves and lets get started! Join the Revitalization of the City of Newburgh Historic District! Neighborhood has been growing and being restored. Park directly across the street, New cheese cake store just opened, close to the famous Newburgh Waterfront with multiple restaurants, spas, stores and marina. Makes this a nice investment building or owner occupied.This 3 Level residence has so many options on usage. Large rooms with hardwood floors, cute yard, new roof and chimney was re-built Bring it back to its original beauty!
Unit Size
2,121 Ft²
Days on Market
185 days
Land Size
0.05 acres
Price per sqft
$123
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1890

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (OneKey MLS #KEYH6319132)

Price History

Date / Event Date Event Price
Jan 30, 2025 Sold
Premium
Sold
Sep 8, 2024 In contract -
In contract
Jul 29, 2024 Listed by Keller Williams Hudson Valley $259,900
Listed by Keller Williams Hudson Valley
May 17, 2013 Sold
Premium
Sold
Oct 24, 2012 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Business/Commerical Units Count: 4
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,988
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 265
  • Total Building Area: 2,121
  • Building Area: 2,121
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,121
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000045
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 000400

Zoning

  • Zoning: RM

Geography

  • Account Number: 062300
  • District: 331100
  • Section: 18.00
  • Parcel: 331100 18-9-5
  • Block: 9
  • Lot: 5.000
  • Municipality: NEWBURGH
  • Latitude: 41.5048
  • Longitude: -74.0117

    Address

  • Full Address: 121 Chambers St
  • Address - House Number: 121
  • Address - Street Name: Chambers
  • Address - Suffix Type: St
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C008
  • 4-Digit Zip Code: 4506
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,581
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 59
  • Final Value: 296,020
  • High Value: 355,556
  • Low Value: 236,483

    Market Valuation

  • Market Total Value: $183,000
  • Market Land Value: $19,600
  • Market Improvement Value: $163,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,000
  • Assessed Land Value: $19,600
  • Assessed Improvements Value: $163,400

    Sales

  • Current Sale Contract Date: Mar 15, 2013
  • Current Sale Recording Date: May 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 24, 2012
  • Previous Sale Contract Date: Sep 28, 2012
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newburgh

Stats & Trends

Median Asking:

$345,822

Sale Price/ft²

$224

Below Asking

0.02%

Average Days on Market

108

Average Home Size

1187 ft²

Average Home Age

107 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 176 South Street, Newburgh, NY, 12550

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,489 ft²
176 South Street #3, Newburgh, NY, 12550 Listing by Yves S. Bouzaglo

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 121 Chambers Street built and last sold?
The property at 121 Chambers Street was built in 1890 and last sold on Mar 15, 2013 for $44,000.
How much is this home worth?
The estimated value of the home located at 121 Chambers Street is $0.
What are some comparable homes to 121 Chambers Street?
There are currently no comparable homes to 121 Chambers Street.
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