18 Russo Drive
About This Property
This thoughtfully designed home features a living room, dining room, den, family room and 4 bedrooms and 2.5 baths, providing ample space for everyday living and entertaining. The split-level layout enhances its appeal, offering distinct areas for gatherings or quiet retreats. Natural light pours in throughout the home, creating a warm and inviting atmosphere.
A standout feature is the one-bedroom accessory apartment, ideal for guests, extended family, or potential rental income. This flexible space allows you to maximize your investment while providing privacy for everyone.
Enjoy the benefits of renewable energy with the owned solar panels, offering an eco-friendly solution to your energy needs while keeping utility costs in check.
The large backyard invites outdoor enjoyment, whether it's gardening, play, or simply unwinding after a long day. The cul-de-sac setting ensures a peaceful environment while still being conveniently located near local shops, dining, and parks.
With its prime location and functional design, 18 Russo Drive is an exceptional opportunity for those seeking a well-rounded home in Newburgh. Schedule your showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | Relisted | $400,000 | |
| Relisted | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by eXp Realty | $400,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017