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Orange Lake 12550
4 Spur Terrace
$290,000
● House - Off Market

4 Spur Terrace

Newburgh (Town), NY 12550
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,268 Ft²
$347,194
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

* SWEET RANCH HOME ~ MEADOW HILL AREA  * BRAND NEW KITCHEN, * GRANITE COUNTERTOPS * NEW APPLIANCES * NEW BATHS * BEAUTIFUL HARDWOOD FLOORS * NEW ROOF, * FRESHLY PAINTED INSIDE AND OUT * NEW WINDOWS BEING INSTALLED * FAMILY ROOM * LAUNDRY AREA * 2 CAR ATTACHED GARAGE * GREAT CURB APPEAL * LOCATED ON A CUL-DE- SAC * HUGE DECK * SPACIOUS YARD * A COMMUTERS DREAM!!! * Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
1,268 Ft²
Days on Market
89 days
Land Size
0.27 acres
Price per sqft
$259
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1967

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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 #KEYH6207939)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 17, 2022 In contract -
In contract
Aug 31, 2022 Listed by Curasi Realty, Inc. $329,000
Listed by Curasi Realty, Inc.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 3
  • Basement Area: 756
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,970
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW HILL
  • Land Acres: 0000000274
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 21 R BLK Q MEADOW HILL

Neighborhood

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

Geography

  • District: 334600
  • Section: 58.00
  • Parcel: 334600 58-2-21
  • Block: 2
  • Lot: 21.000
  • Municipality: NEWBURGH
  • Latitude: 41.5191
  • Longitude: -74.0811

    Address

  • Full Address: 4 Spur Ter
  • Address - House Number: 4
  • Address - Street Name: Spur
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C039
  • 4-Digit Zip Code: 2932
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,659
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 318,999
  • High Value: 401,511
  • Low Value: 236,487

    Market Valuation

  • Market Total Value: $280,200
  • Market Land Value: $33,809
  • Market Improvement Value: $246,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,500
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $53,200

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220085857
  • Previous Sale Recording Date: Sep 08, 2022
  • Previous Sale Contract Date: Aug 29, 2022
  • Previous Sale Amount: $207,100
  • 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 Lake

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2146 ft²

Average Home Age

42.1 years

Currently For Sale

14 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Spur Terrace built and last sold?
The property at 4 Spur Terrace was built in 1967 and last sold on Nov 30, 2022 for $290,000.
How much is this home worth?
The estimated value of the home located at 4 Spur Terrace is $332,290.
What are some comparable homes to 4 Spur Terrace?
There are currently no comparable homes to 4 Spur Terrace.
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