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Gardnertown 12550
263 N Plank Road
$269,750
● House - Off Market

263 N Plank Road

Newburgh (Town), NY 12550
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,028 Ft²
$265,222
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This beautifully renovated 2/3 bedroom ranch is situated on over 1/2 acre of private park-like property. The open floor plan with 9 ft ceilings, and the enclosed rocking chair front porch create a spacious and airy feel, with natural light adding warmth and character. You'll love the convenience of the one-level layout, as well as the many updates that have been made.  screened front porch / 3 seasoned room for entertaining. With plenty of room for outdoor activities, gardening, or just relaxing in nature, this home provides an idyllic setting for enjoying all that life has to offer. Don't miss out - come see this wonderful home today! Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Unit Size
1,028 Ft²
Days on Market
91 days
Land Size
0.54 acres
Price per sqft
$243
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1917

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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 #KEYH6165797)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Sep 22, 2022 Relisted $250,000
Relisted
Sep 22, 2022 In contract -
In contract
Jul 5, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1936
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 416
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,220
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 380
  • Total Building Area: 928
  • Gross Building Area: 928
  • Building Area: 928
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 928
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000165
  • Standard Land Use Code: 2044
  • County Land Use Code: 483

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 010300

Geography

  • District: 334600
  • Section: 34.00
  • Parcel: 334600 34-3-24.2
  • Block: 3
  • Lot: 24.200
  • Municipality: NEWBURGH
  • Latitude: 41.5457
  • Longitude: -74.0537

    Address

  • Full Address: 263 N Plank Rd
  • Address - House Number: 263
  • Street Direction: N
  • Address - Street Name: Plank
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newburgh
  • Carrier Code: R005
  • 4-Digit Zip Code: 1724
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,536
  • Tax Rate Code Area: 331100

    Market Valuation

  • Market Total Value: $182,000
  • Market Land Value: $27,786
  • Market Improvement Value: $154,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,300
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $33,300

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Jan 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20230000924
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $220,000
  • 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 Gardnertown

Stats & Trends

Median Asking:

$449,945

Sale Price/ft²

$258

Below Asking

0.02%

Average Days on Market

81

Average Home Size

2197 ft²

Average Home Age

52.5 years

Currently For Sale

11 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 24 Vermont Drive, Newburgh, NY, 12550

$1,750 /mo

  • Studio
  • 1 Bath
  • 640 ft²
24 Vermont Drive #B, Newburgh, NY, 12550 Listing by Nael K. Dassan

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 263 North Plank Road built and last sold?
The property at 263 North Plank Road was built in 1917 and last sold on Dec 21, 2022 for $269,750.
How much is this home worth?
The estimated value of the home located at 263 North Plank Road is $252,500.
What are some comparable homes to 263 North Plank Road?
There are currently no comparable homes to 263 North Plank Road.
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