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Orange 12550
22 Devito Drive
$210,000
● House - Off Market

22 Devito Drive

Newburgh, NY 12550
bedrooms
3 Beds
bathrooms
1 Bath
$262,767
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Don't wait to see this charming 3 bedroom Ranch with many recent updates that's conveniently located in the town of Newburgh and near the Newburgh waterfront, shopping, and commuter opportunities.  Most of the work is done on the property with the exception of the flooring.  This great opportunity will not last.
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1968

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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 #H6033887)

Price History

Date / Event Date Event Price
Jan 20, 2021 Sold
Premium
Sold
Apr 15, 2020 Listed by Keller Williams Hudson Valley $200,000
Listed by Keller Williams Hudson Valley

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000550
  • 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: 010200

Geography

  • District: 334600
  • Section: 20.00
  • Parcel: 334600 20-2-30.22
  • Block: 2
  • Lot: 30.220
  • Municipality: NEWBURGH
  • Latitude: 41.5503
  • Longitude: -74.0039

    Address

  • Full Address: 22 Devito Dr
  • Address - House Number: 22
  • Address - Street Name: Devito
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C046
  • 4-Digit Zip Code: 1309
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $401,493
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2746
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 287,092
  • High Value: 365,954
  • Low Value: 208,230

    Market Valuation

  • Market Total Value: $167,700
  • Market Land Value: $31,038
  • Market Improvement Value: $136,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,200
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20210003869
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:

$485,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2239 ft²

Average Home Age

61.1 years

Currently For Sale

1237 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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OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 22 Devito Drive built and last sold?
The property at 22 Devito Drive was built in 1968 and last sold on Dec 29, 2020 for $210,000.
How much is this home worth?
The estimated value of the home located at 22 Devito Drive is $0.
What are some comparable homes to 22 Devito Drive?
There are currently no comparable homes to 22 Devito Drive.
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