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Orange Lake 12550
3 Sulky Drive
$434,300
● House - Off Market

3 Sulky Drive

Newburgh (Town), NY 12550
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,644 Ft²
$2,585
Est. Monthly
20.64%
Cap Rate

About This Property

IT'S A WOW! Beautiful 5 bedroom 2.5 bath Ranch situated in the sought after Meadow Hill Community.  This home features remodeled kitchen with stainless appliances which is open to the dining room.  2 bedrooms and full bath in one wing of home and additional 3 bedrooms, full bath and half bath in the other wing.  Features large enclosed seasonal porch which leads to the backyard with a patio, full unfinished basement with a one car garage. Gleaming Hardwood floors as seen, recently updated and fresh paint throughout.  Lots of living space! Great commuter location.  Minutes to NYS Thruway, I84, and the New Resorts World Casino @ Newburgh Mall.  You'll love coming home to this unique spacious home. Be part of the American Dream and Own Your Own Home! Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
1,644 Ft²
Days on Market
153 days
Land Size
0.52 acres
Price per sqft
$243
Property Type
House
Property Taxes
$621
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: 5 months ago (OneKey MLS #KEYH6315753)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 22, 2024 In contract -
In contract
Sep 26, 2024 Relisted $399,900
Relisted
Sep 26, 2024 No longer available -
No longer available
Jul 31, 2024 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1971
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 300
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 4
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 22,684
  • Lot Size Depth Feet: 2,140
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW HILL
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 16 BLK F MEADOW HILLS

Neighborhood

  • School District Name: Newburgh City School District
  • School Tax School District: NEWBURGH
  • Census Tract: 010501

Geography

  • District: 334600
  • Section: 56.00
  • Parcel: 334600 56-6-2
  • Block: 6
  • Lot: 2.000
  • Municipality: NEWBURGH
  • Latitude: 41.5236
  • Longitude: -74.0865

    Address

  • Full Address: 3 Sulky Dr
  • Address - House Number: 3
  • Address - Street Name: Sulky
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C039
  • 4-Digit Zip Code: 3859
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $767,036
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 433,152
  • High Value: 537,369
  • Low Value: 328,936

    Market Valuation

  • Market Total Value: $328,100
  • Market Land Value: $34,737
  • Market Improvement Value: $293,363

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,840
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $63,340

    Sales

  • Current Sale Contract Date: Aug 21, 2017
  • Current Sale Recording Date: Sep 12, 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:

$469,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2110 ft²

Average Home Age

47.4 years

Currently For Sale

12 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Sulky Drive built and last sold?
The property at 3 Sulky Drive was built in 1964 and last sold on Aug 21, 2017 for $411,477.
How much is this home worth?
The estimated value of the home located at 3 Sulky Drive is $403,899.
What are some comparable homes to 3 Sulky Drive?
There are currently no comparable homes to 3 Sulky Drive.
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