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New Windsor 12553
2 Oak Ridge Drive
$425,000
● House - Off Market

2 Oak Ridge Drive

New Windsor, NY 12553
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,878 Ft²
$2,911
Est. Monthly
7.56%
Cap Rate

About This Property

AFFORDABLE NEW WINDSOR BRICK RANCH W/OVERSIZE DETACHED BRICK GARAGE WITH 2 COMMERCIAL OVERHEAD DOORS & HIGH CEILINGS.  A must see this spacious unique contractor's home w/ all living space on one level & an extra garage under plus plenty of storage room.
Unit Size
1,878 Ft²
Days on Market
294 days
Land Size
1.11 acres
Price per sqft
$226
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1952

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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 #KEYH6309358)

Price History

Date / Event Date Event Price
Mar 20, 2025 Sold
Premium
Sold
Dec 25, 2024 In contract -
In contract
Nov 23, 2024 No longer available -
No longer available
Oct 24, 2024 Price Decreased $425,000
↓ $50K (10.5%)
Price Decreased
Sep 25, 2024 Relisted $475,000
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1956
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,326
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,436
  • Lot Size Depth Feet: 2,498
  • Lot Size Frontage Feet: 1,939
  • Total Building Area: 1,878
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUCAS HEIGHTS
  • Land Acres: 0000001111
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 1 LUCAS HTS

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 012700

Zoning

  • Zoning: R4

Geography

  • Account Number: Jan 10, 2016
  • District: 334800
  • Section: 16.00
  • Parcel: 334800 16-1-10
  • Block: 1
  • Lot: 10.000
  • Municipality: NEW WINDSOR
  • Latitude: 41.4844
  • Longitude: -74.0218

    Address

  • Full Address: 2 Oak Ridge Dr
  • Address - House Number: 2
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Windsor
  • Carrier Code: C026
  • 4-Digit Zip Code: 6641
  • Zip Code: 12553

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $890,509
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 462,986
  • High Value: 552,434
  • Low Value: 373,538

    Market Valuation

  • Market Total Value: $386,200
  • Market Land Value: $81,066
  • Market Improvement Value: $305,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,400
  • Assessed Land Value: $8,900
  • Assessed Improvements Value: $33,500

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 1996
  • Current Sale Recording Date: May 01, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 12, 1995
  • Previous Sale Contract Date: Jun 26, 1995
  • Previous Sale Amount: $83,730
  • Previous Sale Document Type: 51
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 New Windsor

Stats & Trends

Median Asking:

$427,000

Sale Price/ft²

$261

Above Asking

0.01%

Average Days on Market

90

Average Home Size

1519 ft²

Average Home Age

65 years

Currently For Sale

21 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Oak Ridge Drive built and last sold?
The property at 2 Oak Ridge Drive was built in 1952 and last sold on Feb 9, 1996 for $88,000.
How much is this home worth?
The estimated value of the home located at 2 Oak Ridge Drive is $0.
What are some comparable homes to 2 Oak Ridge Drive?
There are currently no comparable homes to 2 Oak Ridge Drive.
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