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Orange 12550
57 Overlook Drive
$240,000
● House - Off Market

57 Overlook Drive

Newburgh (Town), NY 12550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,988 Ft²
$386,405
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

This Amazing 3 bedroom and 3 bath home is the perfect setup for a family to grow in. This spacious home is the perfect size for a family to entertain with a finished basement with an additional bedroom for guest to be comfortable in if needed. This home also features a nice size deck and great yard space for summer fun and entertainment. There are some recent upgrades to the home with the windows and complete entry way with high ceilings and open floor plan. The Low taxes are before the star program so this home is very affordable for any home buyer. This is a great deal that you shouldn't let pass you by. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,988 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$123
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
2000

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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: 6 months ago (OneKey MLS #KEYH4710665)

Price History

Date / Event Date Event Price
Feb 1, 2018 Sold
Premium
Sold
Mar 15, 2017 Listed by Weichert Realtors $244,900
Listed by Weichert Realtors
Apr 10, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • 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: 600
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,004
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN OF SUBDIVISION FOR SUNSET PARK
  • Land Acres: 0000000528
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MAP 1671

Neighborhood

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

Geography

  • District: 334600
  • Section: 10.00
  • Parcel: 334600 10-4-2.1
  • Block: 4
  • Lot: 2.100
  • Municipality: NEWBURGH
  • Latitude: 41.5594
  • Longitude: -74.0002

    Address

  • Full Address: 57 Overlook Dr
  • Address - House Number: 57
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Newburgh
  • Carrier Code: C037
  • 4-Digit Zip Code: 1332
  • Zip Code: 12550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $867,556
  • Tax Rate Code Area: 513601

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 434,148
  • High Value: 546,444
  • Low Value: 321,853

    Market Valuation

  • Market Total Value: $342,800
  • Market Land Value: $33,354
  • Market Improvement Value: $309,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $66,800

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Feb 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20180008729
  • Previous Sale Recording Date: Apr 10, 2002
  • Previous Sale Contract Date: Mar 19, 2002
  • Previous Sale Amount: $190,207
  • Previous Sale Document Type: 12
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:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2169 ft²

Average Home Age

60.7 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 51b Highland Terrace, Newburgh, NY, 12550

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,176 ft²
51b Highland Terrace, Newburgh, NY, 12550 Listing by Courtney Popowick

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 57 Overlook Drive built and last sold?
The property at 57 Overlook Drive was built in 2000 and last sold on Jan 26, 2018 for $240,000.
How much is this home worth?
The estimated value of the home located at 57 Overlook Drive is $262,490.
What are some comparable homes to 57 Overlook Drive?
There are currently no comparable homes to 57 Overlook Drive.
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