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Middletown 10940
67 Roosevelt Avenue
$245,000
● House - Off Market

67 Roosevelt Avenue

Middletown, NY 10940
bedrooms
6 Beds
bathrooms
4 Baths
square feet
4,574 Ft²
$359,232
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Investors look no further! Wonderful investment opportunity located within the heart of Middletown. This spacious property has the potential to truly shine with some attention and a bit of elbow grease. Functional layout and huge bedrooms, just needs to be finished. Schedule your appointment today! Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
4,574 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$54
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
2003

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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 #KEYH4953945)

Price History

Date / Event Date Event Price
Aug 26, 2019 Sold
Premium
Sold
Jul 9, 2019 In contract -
In contract
Jun 10, 2019 Listed by Howard Hanna Rand Realty $245,000
Listed by Howard Hanna Rand Realty
May 23, 2000 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 4,255
  • Building Area: 4,255
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,255
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 6146/83 10/31/02 CORR

Neighborhood

  • School District Name: Middletown City School District
  • School Tax School District: MIDDLETOWN
  • Census Tract: 001300

Zoning

  • Zoning: R-1

Geography

  • Account Number: 1830004650
  • District: 330900
  • Section: 7.00
  • Parcel: 330900 7-1-2.2
  • Block: 1
  • Lot: 2.200
  • Municipality: MIDDLETOWN
  • Latitude: 41.463
  • Longitude: -74.4218

    Address

  • Full Address: 67 Roosevelt Ave
  • Address - House Number: 67
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Middletown
  • Carrier Code: C016
  • 4-Digit Zip Code: 4634
  • Zip Code: 10940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $941,092
  • Tax Rate Code Area: 330900

    Appraisal Valuation

  • Standard Deviation: 0.2672
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 460,628
  • High Value: 583,751
  • Low Value: 337,506

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $110,000
  • Market Improvement Value: $240,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $24,000

    Sales

  • Current Sale Contract Date: Aug 26, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190063698
  • Previous Sale Recording Date: May 23, 2000
  • Previous Sale Contract Date: Apr 18, 2000
  • Previous Sale Amount: $13,000
  • 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 Middletown

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1585 ft²

Average Home Age

65.9 years

Currently For Sale

66 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 14 Smith Street, Middletown, NY, 10940

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,852 ft²
14 Smith Street, Middletown, NY, 10940 Listing by Dawn Bulson
Unit for rent at 28 North Street, Middletown, NY, 10940

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
28 North Street #1, Middletown, NY, 10940 Listing by Yosseline E. Genao
Unit for rent at 2 E Main Street, Middletown, NY, 10940

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2 E Main Street #5, Middletown, NY, 10940 Listing by Nancy E. LaBarbera

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 67 Roosevelt Avenue built and last sold?
The property at 67 Roosevelt Avenue was built in 2003 and last sold on Aug 26, 2019 for $245,000.
How much is this home worth?
The estimated value of the home located at 67 Roosevelt Avenue is $247,549.
What are some comparable homes to 67 Roosevelt Avenue?
There are currently no comparable homes to 67 Roosevelt Avenue.
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