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Gardnertown 12550
5 Jakes Way
$579,900
● House - Off Market

5 Jakes Way

Newburgh (Town), NY 12550
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,340 Ft²
$3,817
Est. Monthly
6.48%
Cap Rate

About This Property

Everything and more!! New on the market! This 4 bedroom 3 bath Ranch has everything you have been looking for and more. What a home for entertaining with a open floor plane that offers a beautiful custom kitchen, living room, dining room and sitting area. Head downstair to get away from everyone and enjoy watching TV on your big screen, or head outside for a cocktail while relaxing in the hot tub before taking a dip in the pool. Then BBQ a nice dinner as you watch the sun set.  {What a way to live} :)

Commuting puts you 5 minutes to the NYS Thruway and I84 10 Minutes to Metro North and Stewart Int Airport. You can't ask for anything more! Call today for a viewing.
Unit Size
2,340 Ft²
Days on Market
75 days
Land Size
0.80 acres
Price per sqft
$248
Property Type
House
Property Taxes
$970
HOA Dues
-
Year Built
2018

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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 #KEY811974)

Price History

Date / Event Date Event Price
Mar 31, 2025 Sold
Premium
Sold
Feb 12, 2025 In contract -
In contract
Jan 24, 2025 In contract -
In contract
Jan 15, 2025 Listed by Howard Hanna Rand Realty $579,900
Listed by Howard Hanna Rand Realty

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • 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: 862
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 34,782
  • Lot Size Depth Feet: 5,968
  • Lot Size Frontage Feet: 143
  • Total Building Area: 1,478
  • Building Area: 1,478
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,478
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000798
  • 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: 010300

Geography

  • District: 334600
  • Section: 34.00
  • Parcel: 334600 34-1-25.14
  • Block: 1
  • Lot: 25.140
  • Municipality: NEWBURGH
  • Latitude: 41.5502
  • Longitude: -74.0783

    Address

  • Full Address: 5 Jakes Way
  • Address - House Number: 5
  • Address - Street Name: Jakes
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C027
  • 4-Digit Zip Code: 1692
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,167,930
  • Tax Rate Code Area: 331100

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 485,081
  • High Value: 601,791
  • Low Value: 368,371

    Market Valuation

  • Market Total Value: $488,200
  • Market Land Value: $52,340
  • Market Improvement Value: $435,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,400
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $94,100
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 Gardnertown

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1981 ft²

Average Home Age

63.6 years

Currently For Sale

11 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

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 5 Jakes Way built and last sold?
The property at 5 Jakes Way was built in 2018 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Jakes Way is $0.
What are some comparable homes to 5 Jakes Way?
There are currently no comparable homes to 5 Jakes Way.
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