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Orange 12553
197 Wembly Road
$349,000
● Land - Off Market

197 Wembly Road

New Windsor, NY 12553
bedrooms
Studio
bathrooms
0 Bath
$347,702
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Level 10.4 acre commercial lot in the town of New Windsor located on a private road. Prime development location for warehouse or office space. Excellent location less than 3 miles from Stewart International Airport, I-84 and I-87. Survey available upon request.
Unit Size
-
Days on Market
-
Land Size
10.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,624
HOA Dues
-
Year Built
-

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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 #KEYH6246838)

Price History

Date / Event Date Event Price
Oct 17, 2023 Sold
Premium
Sold
Aug 8, 2023 In contract -
In contract
May 3, 2023 Listed by BHHS Hudson Valley Properties $349,000
Listed by BHHS Hudson Valley Properties
Sep 1, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 453,024
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000010400
  • Standard Land Use Code: 8002
  • County Land Use Code: 330
  • Legal Description 1: LT 3 UNITED PARCEL SERV & GATEWAY INT PK MAP 7175

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 012601

Zoning

  • Zoning: PI

Geography

  • Account Number: 4-3-2.11
  • District: 334800
  • Section: 4.00
  • Parcel: 334800 4-3-2.11
  • Block: 3
  • Lot: 2.110
  • Municipality: NEW WINDSOR
  • Latitude: 41.48
  • Longitude: -74.0742

    Address

  • Full Address: 197 Wembly Rd
  • Address - House Number: 197
  • Address - Street Name: Wembly
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: New Windsor
  • Zip Code: 12553

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,948,905
  • Tax Rate Code Area: 331100

    Market Valuation

  • Market Total Value: $819,700
  • Market Land Value: $819,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $90,000

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20230058063
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 Orange

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2232 ft²

Average Home Age

61.1 years

Currently For Sale

1264 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

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$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,272 ft²
62 Poplar Street, Newburgh, NY, 12550 Listing by Sammy Zambrano
Unit for rent at 46 Poplar Street, Newburgh, NY, 12550

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,092 ft²
46 Poplar Street, Newburgh, NY, 12550 Listing by Arthur G Livesey Jr
Unit for rent at 750 Broadway, Newburgh, NY, 12550

$2,085 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
750 Broadway #2, Newburgh, NY, 12550 Listing by Davidson Louis

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 197 Wembly Road built and last sold?
The property at 197 Wembly Road was built in and last sold on Aug 28, 2023 for $349,000.
How much is this home worth?
The estimated value of the home located at 197 Wembly Road is $352,490.
What are some comparable homes to 197 Wembly Road?
There are currently no comparable homes to 197 Wembly Road.
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