375 3rd Street
About This Property
Affordable single family in a quiet neighborhood in the City of Newburgh. This property is 10 minutes to the Newburgh water front and other amenities the City of Newburgh has to offer. Priced reasonably for a quick sale. Bring your buyers to see this affordable property in walking distance to Newburgh Free Academy and other attractions. Long term tenant occupies the property. The rent is $1,400 a month. Tenant rents month to month. No lease. Great opportunity for investment as well. Additional Information: ParkingFeatures:1 Car Detached,
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by RE/MAX Benchmark Realty Group | $299,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Affordable and full of potential—375 3rd Street is a solid opportunity for first-time homebuyers or savvy investors alike. This charming 3-bedroom, 1-bath home is tucked away in a quiet residential area of the City of Newburgh, offering comfort and convenience in a peaceful setting. Enjoy central air conditioning, a detached garage, and a private driveway for easy off-street parking. Whether you’re looking to move right in or add a great property to your rental portfolio, this home offers a smart investment with room to grow. Conveniently located near schools, shops, parks, and major highways. Don’t miss this chance to own a piece of Newburgh at an unbeatable value—schedule your showing today!
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| Mar 29, 2022 | Sold | ||
| Sold | |||
| Nov 22, 2021 | Listed by River Realty Services, Inc. | $189,900 | |
| Listed by River Realty Services, Inc. | |||
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ACCEPTED OFFER. CONTRACTS ARE OUT, Excellent opportunity to own. Affordable single family in a quiet neighborhood in the City of Newburgh. This property is 10 minutes to the Newburgh water front and other amenities the City of Newburgh has to offer. Priced reasonably for a quick sale. Bring your buyers to see this affordable property in walking distance to Newburgh Free Academy and other attractions. Long term tenant occupies the property. The rent is $1,400 a month. Tenant rents month to month. No lease. Great opportunity for investment as well.
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About Newburgh
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017