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Orange 12550
20 Tarben Way
$519,000
● House - Off Market

20 Tarben Way

Newburgh, NY 12550
bedrooms
4 Beds
bathrooms
3 Baths
$546,494
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

New Construction to be built in 2020. If you like some privacy, Find this beautiful open concept but traditional style colonial in a rested and quiet location on a cul-de-sac. Newly developed subdivision near beautiful walking parks, major road ways, and major shopping centers. Step into this sought out layout perfect for entertaining or simply just looking for that needed space. Hardwood floors throughout. 4 bedroom home with all the proper and welcoming fixtures. Kitchen comes with gorgeous fixtures and Quartz or Granite counter tops.
Unit Size
-
Days on Market
-
Land Size
1.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,000
HOA Dues
-
Year Built
2022

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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 years ago (OneKey MLS #H6054313)

Price History

Date / Event Date Event Price
Feb 23, 2022 Sold
Premium
Sold
Jul 14, 2020 Listed by Five Star Realty Group Intl $519,000
Listed by Five Star Realty Group Intl

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,840
  • Building Area: 2,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 010102

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 334600
  • Section: 127.00
  • Parcel: 334600 127-1-10
  • Block: 1
  • Lot: 10.000
  • Municipality: NEWBURGH
  • Latitude: 41.5715
  • Longitude: -74.0409

    Address

  • Full Address: 20 Tarben Way
  • Address - House Number: 20
  • Address - Street Name: Tarben
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Newburgh
  • Carrier Code: R005
  • 4-Digit Zip Code: 2867
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,318,187
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 59
  • Final Value: 580,586
  • High Value: 696,838
  • Low Value: 464,333

    Market Valuation

  • Market Total Value: $565,100
  • Market Land Value: $55,584
  • Market Improvement Value: $509,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $110,000

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220023304
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:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2195 ft²

Average Home Age

60.6 years

Currently For Sale

1282 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

Rentals Near You

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OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 20 Tarben Way built and last sold?
The property at 20 Tarben Way was built in 2022 and last sold on Feb 22, 2022 for $519,000.
How much is this home worth?
The estimated value of the home located at 20 Tarben Way is $0.
What are some comparable homes to 20 Tarben Way?
There are currently no comparable homes to 20 Tarben Way.
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