$502,000
●
House -
Off Market
7 Echo Lane
Newburgh (Town), NY 12550
4 Beds
2 Baths,
1
Half Bath
3,286 Ft²
$530,442
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
OVER 3,200 SQFT!!! NEWBURGH SCHOOL DISTRICT!!! Check out this 4
Bedroom, 2.5 Bathroom Contemporary style home nestled in the Town
of Newburgh and surrounded by a variety of community amenities such
as a variety of shopping centers, restaurants, parks, schools and a
short drive to the Hudson River and the Newburgh Beacon Bridge
(I84). Location is just the start, check out the amenities this
home has to offer starting w/the open kitchen w/stainless steel
appliances, quartz counter tops, a plethora of cabinetry, formal
dining room, living room w/floor to ceiling windows, high ceilings,
fireplace, primary bedroom w/updated private full bathroom, two
additional bedrooms and 2nd full bathroom. Lower level features a
full finished basement with 4th bedroom w/private bathroom,
separate office space and family room. Additionally, this home
offers garage parking and plenty of driveway parking. This home is
priced just right and move in ready!!! CALL NOW FOR YOUR SHOWING!!!
Additional Information: HeatingFuel:Oil Above
Ground,ParkingFeatures:2 Car Attached,
Unit Size
3,286 Ft²
Days on Market
136 days
Land Size
0.83 acres
Price per sqft
$152
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1973
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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: 4 months ago (OneKey MLS #KEYH6198980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Sep 6, 2022 | In contract | - | |
| In contract | |||
| Jul 30, 2022 | Listed by Keller Williams Realty | $499,999 | |
| Listed by Keller Williams Realty | |||
| | |||
|
OVER 3,200 SQFT!!! NEWBURGH SCHOOL DISTRICT!!! Check out this 4 Bedroom, 2.5 Bathroom Contemporary style home nestled in the Town of Newburgh and surrounded by a variety of community amenities such as a variety of shopping centers, restaurants, parks, schools and a short drive to the Hudson River and the Newburgh Beacon Bridge (I84). Location is just the start, check out the amenities this home has to offer starting w/the open kitchen w/stainless steel appliances, quartz counter tops, a plethora of cabinetry, formal dining room, living room w/floor to ceiling windows, high ceilings, fireplace, primary bedroom w/updated private full bathroom, two additional bedrooms and 2nd full bathroom. Lower level features a full finished basement with 4th bedroom w/private bathroom, separate office space and family room. Additionally, this home offers garage parking and plenty of driveway parking. This home is priced just right and move in ready!!! CALL NOW FOR YOUR SHOWING!!!
| |||
| Apr 18, 2022 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orange
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017