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Orange 12550
228 Carter Avenue
$320,000
● House - Off Market

228 Carter Avenue

Newburgh (Town), NY 12550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,790 Ft²
$319,347
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

NEW PRICE CHANGE. AMAZING OPORTUNITY ...LOOKING FOR ONE LEVEL LIVING, Look no further. Great 3 bedroom 1 bath  ranch with spacious and open floor plan on 1790' of living space on main level. Offers hardwood flooring as seen, large formal dining room opening to generous living room. Situated privately in the Newburgh Schools and Newburgh Magnet schools. Only minutes to all stores and services, i.e.Newburgh Waterfront for amazing restaurants and the Newburgh Beacon Ferry to Beacon for Metro North Train for ease of comunting to New York City. Only minutes to the New York State Thruway @ exit 17 and also INterstate 84. Ready to move in...Be part of the AMERICAN DREAM and Own your own home! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,790 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$173
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1959

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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: 6 months ago (OneKey MLS #KEYH6200901)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Feb 8, 2023 In contract -
In contract
Jan 31, 2023 Relisted $309,900
Relisted
Jan 30, 2023 No longer available -
No longer available
Jan 6, 2023 Price Decreased $309,900
↓ $12K (3.7%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1966
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,300
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,790
  • Building Area: 1,790
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,790
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • 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: 27.00
  • Parcel: 334600 27-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: NEWBURGH
  • Latitude: 41.5468
  • Longitude: -74.0105

    Address

  • Full Address: 228 Carter Ave
  • Address - House Number: 228
  • Address - Street Name: Carter
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C037
  • 4-Digit Zip Code: 1221
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $666,244
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.1198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 314,316
  • High Value: 351,978
  • Low Value: 276,655

    Market Valuation

  • Market Total Value: $278,800
  • Market Land Value: $43,534
  • Market Improvement Value: $235,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,200
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $50,800

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 20190045625
  • Previous Sale Recording Date: Oct 24, 2005
  • Previous Sale Contract Date: Oct 19, 2005
  • Previous Sale Amount: $325,000
  • 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

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2142 ft²

Average Home Age

61.2 years

Currently For Sale

1248 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 1502 Barclay Manor, Newburgh, NY, 12550

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 638 ft²
1502 Barclay Manor #15B, Newburgh, NY, 12550 Listing by Emily Zambetti
Unit for rent at 51b Highland Terrace, Newburgh, NY, 12550

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,176 ft²
51b Highland Terrace, Newburgh, NY, 12550 Listing by Courtney Popowick

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 228 Carter Avenue built and last sold?
The property at 228 Carter Avenue was built in 1959 and last sold on May 31, 2019 for $410,084.
How much is this home worth?
The estimated value of the home located at 228 Carter Avenue is $321,878.
What are some comparable homes to 228 Carter Avenue?
There are currently no comparable homes to 228 Carter Avenue.
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