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Orange 12589
499 State Route 32 Route
$247,000
● House - Off Market

499 State Route 32 Route

Newburgh, NY 12589
bedrooms
3 Beds
bathrooms
2 Baths
$295,257
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Priced to sell!!! This charming ranch has 3 bedroom 2 full baths and loads of potential. Seasonal views of Chadwick lake and the walking trail is right at the bottom of the property. Warm up those chilly nights by the fireplace or have a large party in the finished room downstairs. As they say, location is everything. This home is only a short drive to most major highways, dining and shopping. Wallkill School District. Hurry and make your appointment before someone else gets this home.
Unit Size
-
Days on Market
-
Land Size
0.75 acres
Price per sqft
-
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1951

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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 years ago (OneKey MLS #H6089922)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Dec 9, 2021 Sold
Premium
Sold
Jun 30, 2021 In contract -
In contract
Jan 29, 2021 Listed by Curasi Realty, Inc. $268,000
Listed by Curasi Realty, Inc.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 400
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,643
  • Lot Size Depth Feet: 2,790
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,106
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Geography

  • District: 334600
  • Section: 4.00
  • Parcel: 334600 4-2-25.1
  • Block: 2
  • Lot: 25.100
  • Municipality: NEWBURGH
  • Latitude: 41.5691
  • Longitude: -74.0655

    Address

  • Full Address: 499 State Route 32
  • Address - House Number: 499
  • Address - Street Name: State Route 32
  • State: NY
  • City Name: Wallkill
  • Carrier Code: R032
  • 4-Digit Zip Code: 2707
  • Zip Code: 12589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $519,161
  • Tax Rate Code Area: 515201

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 304,215
  • High Value: 378,913
  • Low Value: 229,518

    Market Valuation

  • Market Total Value: $215,400
  • Market Land Value: $38,448
  • Market Improvement Value: $176,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,500
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $38,200

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 20220016223
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

Rentals Near You

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OneKey

Last Updated: 4 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 499 State Route 32 built and last sold?
The property at 499 State Route 32 was built in 1951 and last sold on Dec 9, 2021 for $247,000.
How much is this home worth?
The estimated value of the home located at 499 State Route 32 is $0.
What are some comparable homes to 499 State Route 32?
There are currently no comparable homes to 499 State Route 32.
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