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Orange 12589
7 Kings Drive
$150,000
● House - Off Market

7 Kings Drive

Newburgh (Town), NY 12589
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$142,466
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome to 7 Kings Drive located 5 mins away from the NY State Thruway. This home is for the type of person that is handy and looking for the next home project to fix up. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$129
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1957

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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 #KEYH6207455)

Price History

Date / Event Date Event Price
Nov 21, 2022 Sold
Premium
Sold
Sep 9, 2022 In contract -
In contract
Aug 28, 2022 Listed by eRealty Advisors, Inc $135,000
Listed by eRealty Advisors, Inc

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,425
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYAL PARK
  • Land Acres: 0000000445
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 3 ROYAL PARK

Neighborhood

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

Geography

  • District: 334600
  • Section: 3.00
  • Parcel: 334600 3-3-4
  • Block: 3
  • Lot: 4.000
  • Municipality: NEWBURGH
  • Latitude: 41.5818
  • Longitude: -74.1228

    Address

  • Full Address: 7 Kings Dr
  • Address - House Number: 7
  • Address - Street Name: Kings
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wallkill
  • Carrier Code: R035
  • 4-Digit Zip Code: 8805
  • Zip Code: 12589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,508
  • Tax Rate Code Area: 515201

    Appraisal Valuation

  • Standard Deviation: 0.1198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 131,190
  • High Value: 146,909
  • Low Value: 115,471

    Market Valuation

  • Market Total Value: $169,100
  • Market Land Value: $36,600
  • Market Improvement Value: $132,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,500
  • Assessed Land Value: $7,900
  • Assessed Improvements Value: $28,600
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:

$481,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2239 ft²

Average Home Age

61 years

Currently For Sale

1265 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 30 Copper Rock Road, Walden, NY, 12586

$4,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,909 ft²
30 Copper Rock Road, Walden, NY, 12586 Listing by Sandra Spector
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 7 Kings Drive built and last sold?
The property at 7 Kings Drive was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Kings Drive is $143,949.
What are some comparable homes to 7 Kings Drive?
There are currently no comparable homes to 7 Kings Drive.
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