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Orange 12589
50 Prospect Hill Road
$369,900
● House - Off Market

50 Prospect Hill Road

Newburgh (Town), NY 12589
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$490,301
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$168
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
2020

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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 #KEYH6045021)

Price History

Date / Event Date Event Price
Nov 17, 2020 Sold
Premium
Sold
Jun 14, 2020 Listed by RE/MAX Benchmark Realty Group $369,900
Listed by RE/MAX Benchmark Realty Group
Jan 27, 2020 Sold
Premium
Sold
Jan 6, 2020 In contract -
In contract
Dec 4, 2019 Listed by Vylla Home $44,900
Listed by Vylla Home
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 19
  • 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: 760
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,268
  • Building Area: 2,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,268
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR CREEK EST
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 2 CEDAR CREEK EST SUB MAP 7887

Neighborhood

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

Geography

  • District: 334600
  • Section: 1.00
  • Parcel: 334600 1-1-69
  • Block: 1
  • Lot: 69.000
  • Municipality: NEWBURGH
  • Latitude: 41.6012
  • Longitude: -74.1081

    Address

  • Full Address: 50 Prospect Hill Rd
  • Address - House Number: 50
  • Address - Street Name: Prospect Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wallkill
  • Carrier Code: R035
  • 4-Digit Zip Code: 8914
  • Zip Code: 12589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $969,291
  • Tax Rate Code Area: 515201

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 494,768
  • High Value: 613,808
  • Low Value: 375,727

    Market Valuation

  • Market Total Value: $403,900
  • Market Land Value: $48,172
  • Market Improvement Value: $355,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,200
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $76,800

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200064904
  • Previous Sale Recording Date: Sep 25, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: 34
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:

$480,000

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

Unit for rent at 11 Alexandra Matthews Road, Wallkill, NY, 12589

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,440 ft²
11 Alexandra Matthews Road #A, Wallkill, NY, 12589 Listing by George K Koudounas

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 50 Prospect Hill Road built and last sold?
The property at 50 Prospect Hill Road was built in 2020 and last sold on Nov 17, 2020 for $369,900.
How much is this home worth?
The estimated value of the home located at 50 Prospect Hill Road is $384,650.
What are some comparable homes to 50 Prospect Hill Road?
There are currently no comparable homes to 50 Prospect Hill Road.
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