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Orange 12550
32 Sarvis Lane
$154,500
● House - Off Market

32 Sarvis Lane

Newburgh (Town), NY 12550
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$261,817
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

REDUCED.....Country Ranch offering 3 bedrooms, spacious open kitchen and dining and oversized 40 ft enclosed porch off rear and hardwood flooring as seen. Some work to do but well worth the effort. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,152 Ft²
Days on Market
-
Land Size
3.60 acres
Price per sqft
$155
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1960

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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 #KEYH4970660)

Price History

Date / Event Date Event Price
Feb 4, 2020 Sold
Premium
Sold
Dec 18, 2019 Sold
Premium
Sold
Jun 28, 2019 Listed by 1st Independent Realty Grp $179,000
Listed by 1st Independent Realty Grp

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1966
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 156,816
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003600
  • 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: 010101

Geography

  • District: 334600
  • Section: 17.00
  • Parcel: 334600 17-1-30
  • Block: 1
  • Lot: 30.000
  • Municipality: NEWBURGH
  • Latitude: 41.5604
  • Longitude: -74.0595

    Address

  • Full Address: 32 Sarvis Ln
  • Address - House Number: 32
  • Address - Street Name: Sarvis
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Newburgh
  • Carrier Code: R007
  • 4-Digit Zip Code: 8824
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 378,921
  • High Value: 452,128
  • Low Value: 305,714

    Market Valuation

  • Market Total Value: $287,600
  • Market Land Value: $45,386
  • Market Improvement Value: $242,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,100
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $52,300

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200007915
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

2168 ft²

Average Home Age

60.8 years

Currently For Sale

1243 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
Unit for rent at 1836 Route 300, Newburgh, NY, 12550

$2,550 /mo

  • 3 Beds
  • 1 Bath
  • 864 ft²
1836 Route 300, Newburgh, NY, 12550 Listing by Steven Esposito

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 32 Sarvis Lane built and last sold?
The property at 32 Sarvis Lane was built in 1960 and last sold on Dec 18, 2019 for $154,500.
How much is this home worth?
The estimated value of the home located at 32 Sarvis Lane is $185,904.
What are some comparable homes to 32 Sarvis Lane?
There are currently no comparable homes to 32 Sarvis Lane.
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