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Orange 12589
31 Sommerfield Drive
$453,000
● House - Off Market

31 Sommerfield Drive

Newburgh (Town), NY 12589
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$479,643
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Quiet Cul-de-Sac Setting For This Spacious 4 Bedroom/3 Full Bath Raised Ranch with Over 1 Acre of Level Property.   Gorgeous "HEATED" GUNITE IN-GROUND POOL with Hot Tub, Lights & Automatic Cleaner.  Ideal MOTHER/DAUGHTER Set-Up with Private Entrance.  This Bright & Spacious Home Greets You with Impressive Oversize Window in Living Room, Eat In Kitchen, Radiant Heat in all Bathrooms, 6 Panel Solid Wood Doors and Hardwood Floors.   Extensive Living Area on Lower Level is complete with Sliders to Backyard, Bedroom, Bathroom, Kitchen, Large Family Room and Wood Burning Stove.  New Roof 2018.  Back Yard Features Fire Pit, Fenced Yard and Large Shed.  Low Taxes!  This House Has It All and Is Truly Outstanding! Additional Information:  Amenities:Storage,HeatingFuel:Oil Below Ground,
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.10 acres
Price per sqft
$166
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1990

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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 #KEYH6109960)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Jul 30, 2021 Sold
Premium
Sold
May 15, 2021 Listed by Green Team New York Realty $415,000
Listed by Green Team New York Realty
Dec 24, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,071
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 47,916
  • Total Building Area: 2,459
  • Building Area: 2,459
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,459
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HCS EXCAVATING CONTR
  • Land Acres: 0000001100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 2 HCS EXCAVATING CONTR SUB MAP 9160

Neighborhood

  • School District Name: Wallkill Central School District
  • Census Tract: 010101

Geography

  • District: 334600
  • Section: 3.00
  • Parcel: 334600 3-1-131
  • Block: 1
  • Lot: 131.000
  • Municipality: NEWBURGH
  • Latitude: 41.5854
  • Longitude: -74.1222

    Address

  • Full Address: 31 Sommerfield Dr
  • Address - House Number: 31
  • Address - Street Name: Sommerfield
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wallkill
  • Carrier Code: R035
  • 4-Digit Zip Code: 2940
  • Zip Code: 12589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $869,249
  • Tax Rate Code Area: 515201

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 484,706
  • High Value: 605,399
  • Low Value: 364,013

    Market Valuation

  • Market Total Value: $362,200
  • Market Land Value: $47,243
  • Market Improvement Value: $314,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,200
  • Assessed Land Value: $10,200
  • Assessed Improvements Value: $68,000

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20210064807
  • Previous Sale Recording Date: Feb 27, 1998
  • Previous Sale Contract Date: Feb 10, 1998
  • 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:

$482,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2233 ft²

Average Home Age

60.8 years

Currently For Sale

1266 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 11 Alexandra Matthews Road, Wallkill, NY, 12589

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,440 ft²
11 Alexandra Matthews Road #A, Wallkill, NY, 12589 Listing by George K Koudounas

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 31 Sommerfield Drive built and last sold?
The property at 31 Sommerfield Drive was built in 1990 and last sold on Jul 30, 2021 for $453,000.
How much is this home worth?
The estimated value of the home located at 31 Sommerfield Drive is $435,048.
What are some comparable homes to 31 Sommerfield Drive?
There are currently no comparable homes to 31 Sommerfield Drive.
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