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Newburgh 12550
16 Oak Street
Photo of 16 Oak Street
Sold on Jun 27, 2025

21

Map

Photo of 16 Oak Street
Photo of 16 Oak Street
$375,000
● House - Off Market

16 Oak Street

Newburgh (City), NY 12550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,900 Ft²
$2,508
Est. Monthly
9.07%
Cap Rate

About This Property

This traditional two story home offers many new updates such as newer kitchen cabinets, new furnace, hot water heater and a back-up generator. The two story addition to the home was added in 2000 which gives you a family room on the first floor and master bedroom and bath with laundry on the second floor.  The first floor offers hardwood floors, Central air throughout and there is an outside patio and large yard for entertaining. Detached one car garage and an additional carport.  Close to all major roads, the Newburgh riverfront, ferry and many restaurants. Additional Information: ParkingFeatures:1 Car Detached,
Unit Size
1,900 Ft²
Days on Market
266 days
Land Size
0.22 acres
Price per sqft
$197
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1920

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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 #KEYH6331140)

Price History

Date / Event Date Event Price
Jun 27, 2025 Sold
Premium
Sold
Jan 29, 2025 In contract -
In contract
Nov 23, 2024 Relisted $374,900
Relisted
Nov 23, 2024 No longer available -
No longer available
Oct 4, 2024 Listed by Joncar Realty Inc $374,900
Listed by Joncar Realty Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 10
  • Garage Square Area: 288
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,420
  • Lot Size Depth Feet: 3,140
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FKA 32 OAK ST

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 000600

Zoning

  • Zoning: RL

Geography

  • Account Number: 232100
  • District: 331100
  • Section: 13.00
  • Parcel: 331100 13-5-16
  • Block: 5
  • Lot: 16.000
  • Municipality: NEWBURGH
  • Latitude: 41.5056
  • Longitude: -74.0428

    Address

  • Full Address: 16 Oak St
  • Address - House Number: 16
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C021
  • 4-Digit Zip Code: 4040
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $880,225
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 326,282
  • High Value: 404,785
  • Low Value: 247,778

    Market Valuation

  • Market Total Value: $339,000
  • Market Land Value: $54,000
  • Market Improvement Value: $285,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,000
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $285,000

    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 Newburgh

Stats & Trends

Median Asking:

$349,500

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

102

Average Home Size

1281 ft²

Average Home Age

108.8 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
Unit for rent at 492 Liberty Street, Newburgh, NY, 12550

$3,500 /mo

  • 4 Beds
  • 1 Bath
  • 1,351 ft²
492 Liberty Street #2, Newburgh, NY, 12550 Listing by Jose Santos
Unit for rent at 36 Route 17k, Newburgh, NY, 12550

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,283 ft²
36 Route 17k, Newburgh, NY, 12550 Listing by Charles Winchell

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 Oak Street built and last sold?
The property at 16 Oak Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Oak Street is $381,921.
What are some comparable homes to 16 Oak Street?
There are currently no comparable homes to 16 Oak Street.
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