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Orange 12550
5297 Route 9W
$285,000
● House - Off Market

5297 Route 9W

Newburgh, NY 12550
bedrooms
2 Beds
bathrooms
2 Baths
$304,101
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Lovely home + finished garage three minutes north of the Beacon-Newburgh bridge, in the Marlboro School District!  Main house features 2 bedrooms + 1 1/2 baths, plus additional finished attic space. Hardwood floors, fireplace, updated kitchen w/new stove & reverse osmosis water filtration system, sunny three-season porch, front deck and brick back patio.  Out back, wonderfully bright & spacious finished garage useful for many purposes, with fireplace and separate electric.  With great possibilities at a great price, this will not last!
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1946

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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 years ago (OneKey MLS #H6156988)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Dec 8, 2021 Listed by Hudson River Line Realty $299,990
Listed by Hudson River Line Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,100
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000392
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Marlboro Central School District
  • Census Tract: 010200

Geography

  • District: 334600
  • Section: 20.00
  • Parcel: 334600 20-2-47
  • Block: 2
  • Lot: 47.000
  • Municipality: NEWBURGH
  • Latitude: 41.554
  • Longitude: -74.0056

    Address

  • Full Address: 5297 Route 9w
  • Address - House Number: 5297
  • Address - Street Name: Route 9w
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C025
  • 4-Digit Zip Code: 1321
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,409
  • Tax Rate Code Area: 513601

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 342,875
  • High Value: 427,633
  • Low Value: 258,118

    Market Valuation

  • Market Total Value: $289,300
  • Market Land Value: $26,869
  • Market Improvement Value: $262,431

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,450
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $56,650

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220034000
  • Previous Sale Recording Date: May 05, 2022
  • Previous Sale Contract Date: Apr 18, 2022
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 26
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:

$485,000

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2213 ft²

Average Home Age

61.4 years

Currently For Sale

1250 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 1502 Barclay Manor, Newburgh, NY, 12550

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 638 ft²
1502 Barclay Manor #15B, Newburgh, NY, 12550 Listing by Emily Zambetti

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5297 Route 9W built and last sold?
The property at 5297 Route 9W was built in 1946 and last sold on Apr 20, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 5297 Route 9W is $0.
What are some comparable homes to 5297 Route 9W?
There are currently no comparable homes to 5297 Route 9W.
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