$425,000
●
House -
Off Market
19 Chestnut Lane
Newburgh (Town), NY 12550
3 Beds
1 Bath,
1
Half Bath
1,570 Ft²
$400,413
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Location, Location, Location – Fall in Love with your 1570 sq ft
Split Level home nestled on a wooded acre in the Balmville section
of Newburgh! With a newly renovated all-stainless & granite
kitchen, and gorgeous tiled baths, and a 3 years young AC, furnace,
and hot water heater, your every need has been considered. A
beautiful stone, wood-burning fireplace graces the living room,
hardwood floors stretch throughout the house, and a huge glassed-in
sun porch creates extra 3-season living with scenic, forest-like
views. If you'd like to create your own special master bedroom
retreat, consider the bonus of a walk-up attic, already dormered,
insulated and ready for finishing. Plus there's more options on the
lower level - perfect as a family room, office or exercise
space, and the home has a basement waterproofing system with a
transferable warranty. Close to major highways, public
transportation, shopping, restaurants and so much more. Additional
Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car
Attached,
Unit Size
1,570 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$252
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1955
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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: 5 months ago (OneKey MLS #KEYH6160549)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2022 | Sold | ||
| Sold | |||
| Jan 20, 2022 | Listed by RE/MAX Town & Country | $395,000 | |
| Listed by RE/MAX Town & Country | |||
| | |||
|
Location, Location, Location Fall in Love with your 1570 sq ft Split Level home nestled on a wooded acre in the Balmville section of Newburgh! With a newly renovated all-stainless & granite kitchen, and gorgeous tiled baths, and a 3 years young AC, furnace, and hot water heater, your every need has been considered. A beautiful stone, wood-burning fireplace graces the living room, hardwood floors stretch throughout the house, and a huge glassed-in sun porch creates extra 3-season living with scenic, forest-like views. If you'd like to create your own special master bedroom retreat, consider the bonus of a walk-up attic, already dormered, insulated and ready for finishing. Plus there's more options on the lower level - perfect as a family room, office or exercise space, and the home has a basement waterproofing system with a transferable warranty. Close to major highways, public transportation, shopping, restaurants and so much more.
| |||
| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 20, 2021 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 18, 2021 | Listed by RE/MAX Town & Country | $400,000 | |
| Listed by RE/MAX Town & Country | |||
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Property Highlights
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Air Conditioning
Building Info
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Address: 335 Madison Avenue, New York, NY 10017