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Orange Lake 12550
2 Max Way
$367,500
● House - Off Market

2 Max Way

Newburgh (Town), NY 12550
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,477 Ft²
$607,273
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Beautiful  impeccable 4 Bedroom 2 1/2 Bath Colonial sits on corner Lot.Enjoy relaxing and sitting on your  front porch.  Gorgeous hardwood floors on first floor.  Granite kitchen with Island opens to family room with gas Fireplace.  Walk out Kitchen door onto deck and backyard.  Beautiful Formal Dining Room opens to Living Room.  Oversized Master Suite with high ceiling. Master Bath offers  soaking tub and shower.  Nice size Walk In Closet. 3 Additional Large Bedrooms.  With one offering walk in extra storage closet.   Plenty of Storage in basement.  Great entertaining house.  Close to Shopping, Great Commuter Location. Close to Rte 84 and NYS Thruway.  Wallkill Schools. Additional Information:  Amenities:Storage,ParkingFeatures:2 Car Attached,
Unit Size
2,477 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$153
Property Type
House
Property Taxes
$950
HOA Dues
-
Year Built
2011

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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 #KEYH4715060)

Price History

Date / Event Date Event Price
Jul 25, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by RE/MAX Benchmark Realty Group $379,900
Listed by RE/MAX Benchmark Realty Group
Aug 3, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • 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: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 2,730
  • Total Building Area: 2,477
  • Building Area: 2,477
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,477
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Wallkill Central School District
  • Census Tract: 010502

Geography

  • District: 334600
  • Section: 28.00
  • Parcel: 334600 28-6-9
  • Block: 6
  • Lot: 9.000
  • Municipality: NEWBURGH
  • Latitude: 41.5533
  • Longitude: -74.0929

    Address

  • Full Address: 2 Max Way
  • Address - House Number: 2
  • Address - Street Name: Max
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Newburgh
  • Carrier Code: R003
  • 4-Digit Zip Code: 1570
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,209,142
  • Tax Rate Code Area: 515201

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 575,655
  • High Value: 719,646
  • Low Value: 431,665

    Market Valuation

  • Market Total Value: $470,600
  • Market Land Value: $45,393
  • Market Improvement Value: $425,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,600
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $91,800

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Jul 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 03, 2012
  • Previous Sale Contract Date: Jul 24, 2012
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 27
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 Lake

Stats & Trends

Median Asking:

$449,995

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

86

Average Home Size

1816 ft²

Average Home Age

28.6 years

Currently For Sale

11 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 19 Innis Avenue, Newburgh, NY, 12550

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
19 Innis Avenue, Newburgh, NY, 12550 Listing by Amy Coccia Wilhelm

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 2 Max Way built and last sold?
The property at 2 Max Way was built in 2011 and last sold on Jul 21, 2017 for $367,450.
How much is this home worth?
The estimated value of the home located at 2 Max Way is $394,804.
What are some comparable homes to 2 Max Way?
There are currently no comparable homes to 2 Max Way.
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