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Middletown 10940
16 Myrtle Avenue
Photo of 16 Myrtle Avenue
Sold on Jun 20, 2025

35

Map

Photo of 16 Myrtle Avenue
Photo of 16 Myrtle Avenue
$300,000
● House - Off Market

16 Myrtle Avenue

Middletown, NY 10940
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,732 Ft²
$1,916
Est. Monthly
11.03%
Cap Rate

About This Property

INCREDIBLE POTENTIAL & VALUE! Welcome to 16 Myrtle, a well-loved home nestled on an extra large lot in the heart of Middletown, NY, just a stone's throw away from the Touro College Campus. An amazing location, this home offers a perfect opportunity to update and renovate to create your dream home! Three cozy bedrooms and a full bath. This home offers over 1700 sq. feet of space providing room for everyone!  Outside, a deep large backyard awaits, often classified as a "double lot" as many City of Middletown were built on lots half this size. Easy access to the Heritage Trail just one block away! With its prime location, this home invites you to bring your imagination and plans to make it your own. Don't miss the opportunity, as this one is sure to go quickly-schedule a viewing today and start envisioning your future!
Unit Size
1,732 Ft²
Days on Market
108 days
Land Size
0.23 acres
Price per sqft
$173
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1891

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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: 2 years ago (OneKey MLS #KEY827392)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
Mar 27, 2025 In contract -
In contract
Mar 4, 2025 Listed by Cronin & Company Real Estate $299,900
Listed by Cronin & Company Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1891
  • Effective Year Built: 1926
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,732
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Middletown City School District
  • School Tax School District: MIDDLETOWN
  • Census Tract: 001500

Zoning

  • Zoning: R-2

Geography

  • Account Number: 1480001100
  • District: 330900
  • Section: 36.00
  • Parcel: 330900 36-8-6
  • Block: 8
  • Lot: 6.000
  • Municipality: MIDDLETOWN
  • Latitude: 41.4443
  • Longitude: -74.411

    Address

  • Full Address: 16 Myrtle Ave
  • Address - House Number: 16
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Middletown
  • Carrier Code: C011
  • 4-Digit Zip Code: 4121
  • Zip Code: 10940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,299
  • Tax Rate Code Area: 330900

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 305,539
  • High Value: 366,098
  • Low Value: 244,979

    Market Valuation

  • Market Total Value: $224,000
  • Market Land Value: $83,000
  • Market Improvement Value: $141,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,400
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $14,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Middletown

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1535 ft²

Average Home Age

66.1 years

Currently For Sale

68 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 14 Smith Street, Middletown, NY, 10940

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,852 ft²
14 Smith Street, Middletown, NY, 10940 Listing by Dawn Bulson
Unit for rent at 41 Genung Street, Middletown, NY, 10940

$3,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,229 ft²
41 Genung Street #41, Middletown, NY, 10940 Listing by Ammar Iqbal
Unit for rent at 95 Meadow View Drive, Middletown, NY, 10940

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,781 ft²
95 Meadow View Drive, Middletown, NY, 10940 Listing by Hazel D. Cello

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Myrtle Avenue built and last sold?
The property at 16 Myrtle Avenue was built in 1891 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Myrtle Avenue is $310,683.
What are some comparable homes to 16 Myrtle Avenue?
There are currently no comparable homes to 16 Myrtle Avenue.
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