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Orange Lake 12550
4 Colt Place
$425,000
● House - Off Market

4 Colt Place

Newburgh (Town), NY 12550
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,043 Ft²
$384,304
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This spacious home features three levels of living space, an open floorplan, and hardwood floors beneath the carpeting. The main floor features a large family room which opens to a deck equipped with awning. The kitchen is outfitted with a gas cooktop, wall oven and a breakfast bar for easy entertaining and meals on the go. Three amply sized bedrooms are upstairs and the lower level offers additional area perfect for home office, gym, guest bedrooms.  A large, level backyard features landscaped waterfall and can be accessed through the lower level or from the sundeck off the family room on the main floor.  Situated on a cul-de-sac in a commuter-friendly location, this home is close to shopping, entertainment and highways + municipal services. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,043 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$186
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (OneKey MLS #KEYH6170492)

Price History

Date / Event Date Event Price
Apr 8, 2022 Listed by RE/MAX Benchmark Realty Group $379,900
Listed by RE/MAX Benchmark Realty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1971
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • 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: 561
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,408
  • Lot Size Depth Feet: 2,120
  • Lot Size Frontage Feet: 1,340
  • Total Building Area: 2,043
  • Building Area: 2,043
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,043
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW HILL
  • Land Acres: 0000000652
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 7 R 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 56-6-10
  • Block: 6
  • Lot: 10.000
  • Municipality: NEWBURGH
  • Latitude: 41.5223
  • Longitude: -74.0865

    Address

  • Full Address: 4 Colt Pl
  • Address - House Number: 4
  • Address - Street Name: Colt
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C039
  • 4-Digit Zip Code: 3820
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $637,752
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 420,019
  • High Value: 527,644
  • Low Value: 312,394

    Market Valuation

  • Market Total Value: $272,800
  • Market Land Value: $34,274
  • Market Improvement Value: $238,526

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,900
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $51,500

    Sales

  • Current Sale Contract Date: Jun 20, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 20220048222
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:

$449,948

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1923 ft²

Average Home Age

28.3 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

Unit for rent at 36 Tenbrouck Court, Newburgh, NY, 12550

$4,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,708 ft²
36 Tenbrouck Court, Newburgh, NY, 12550 Listing by Jodi M Gillespie
Unit for rent at 130 Route 17k, Newburgh, NY, 12550

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,964 ft²
130 Route 17k, Newburgh, NY, 12550 Listing by Steven Moreau

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 4 Colt Place built and last sold?
The property at 4 Colt Place was built in 1965 and last sold on Jun 20, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 4 Colt Place is $394,681.
What are some comparable homes to 4 Colt Place?
There are currently no comparable homes to 4 Colt Place.
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