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Orange Lake 12550
22 Neversink Drive
$172,000
● House - Off Market

22 Neversink Drive

Newburgh (Town), NY 12550
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,316 Ft²
$286,640
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Proud Passionate Crafter looking to sell, family home in Algonquin, Town of Newburgh. Spacious Split Level, 3 bedrooms, 1 1/2 updated baths, eat in kitchen with extra side door to yard. Living and dining room with open floor plan and vaulted ceiling. Nice deep coat closet between kitchen and stairway upstairs - open the door it is a pleasant surprise of extra space, family room recently repainted, which is walk out to level yard, drive way is extra wide, municipal water and sewer, natural gas heat & oven/range, electric dryer, don't miss the 1/2 bath tucked in off the laundry room, with incredible space and storage.  Ramp style front porch could be removed but very nice place to entertain and enjoy the outdoors.
Unit Size
1,316 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$137
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1957

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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 #KEYH4648129)

Price History

Date / Event Date Event Price
Sep 13, 2017 Sold
Premium
Sold
Nov 22, 2016 Listed by Smitchger Realty $180,000
Listed by Smitchger Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 8,450
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 7 BLK B ALGONQUIN EST

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 010502

Geography

  • District: 334600
  • Section: 54.00
  • Parcel: 334600 54-4-7
  • Block: 4
  • Lot: 7.000
  • Municipality: NEWBURGH
  • Latitude: 41.532
  • Longitude: -74.0885

    Address

  • Full Address: 22 Neversink Dr
  • Address - House Number: 22
  • Address - Street Name: Neversink
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C031
  • 4-Digit Zip Code: 2551
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,659
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2569
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 329,759
  • High Value: 414,478
  • Low Value: 245,040

    Market Valuation

  • Market Total Value: $210,700
  • Market Land Value: $18,523
  • Market Improvement Value: $192,177

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,500
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $41,500

    Sales

  • Current Sale Contract Date: Sep 11, 2017
  • Current Sale Recording Date: Sep 13, 2017
  • Current Sale Price:
    Premium
  • Current 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:

$467,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2178 ft²

Average Home Age

42.6 years

Currently For Sale

14 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 22 Neversink Drive built and last sold?
The property at 22 Neversink Drive was built in 1957 and last sold on Sep 11, 2017 for $172,000.
How much is this home worth?
The estimated value of the home located at 22 Neversink Drive is $188,403.
What are some comparable homes to 22 Neversink Drive?
There are currently no comparable homes to 22 Neversink Drive.
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