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Vails Gate 12553
29 Continental Drive
$435,000
● House - Off Market

29 Continental Drive

New Windsor, NY 12553
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$2,681
Est. Monthly
8.20%
Cap Rate

About This Property

Come take a look at something special!  This 3 bedroom, 2 bath home is on a beautifully landscaped 12,700 sq. ft. parcel that has mature trees with a screened-in porch and deck overlooking the rear yard.  The kitchen has granite countertops and the house has a two car attached garage, a full basement with lots of storage and laundry area.  This property has been well maintained. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
1,620 Ft²
Days on Market
75 days
Land Size
0.29 acres
Price per sqft
$262
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1964

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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: 4 months ago (OneKey MLS #KEYH6329567)

Price History

Date / Event Date Event Price
Dec 18, 2024 Sold
Premium
Sold
Oct 29, 2024 In contract -
In contract
Oct 18, 2024 Relisted $425,000
Relisted
Oct 15, 2024 In contract -
In contract
Oct 4, 2024 Listed by BHHS Hudson Valley Properties $425,000
Listed by BHHS Hudson Valley Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1971
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 420
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,700
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 29 BLK J GATEWAY

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 012602

Zoning

  • Zoning: R-4

Geography

  • Account Number: Feb 17, 2045
  • District: 334800
  • Section: 45.00
  • Parcel: 334800 45-2-17
  • Block: 2
  • Lot: 17.000
  • Municipality: NEW WINDSOR
  • Latitude: 41.4629
  • Longitude: -74.05

    Address

  • Full Address: 29 Continental Dr
  • Address - House Number: 29
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Windsor
  • Carrier Code: C040
  • 4-Digit Zip Code: 5608
  • Zip Code: 12553

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,082
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 366,724
  • High Value: 454,958
  • Low Value: 278,491

    Market Valuation

  • Market Total Value: $286,000
  • Market Land Value: $72,866
  • Market Improvement Value: $213,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,400
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $23,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Vails Gate

Stats & Trends

Median Asking:

$364,500

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1246 ft²

Average Home Age

45.4 years

Currently For Sale

5 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 501 Iron Forge Lane, New Windsor, NY, 12553

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,550 ft²
501 Iron Forge Lane, New Windsor, NY, 12553 Listing by Charnie Guttmann

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Continental Drive built and last sold?
The property at 29 Continental Drive was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Continental Drive is $0.
What are some comparable homes to 29 Continental Drive?
There are currently no comparable homes to 29 Continental Drive.
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