$355,000
●
House -
Off Market
88 Powder Mill Road
Newburgh (Town), NY 12550
4 Beds
2 Baths
2,320 Ft²
$388,273
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
This Farmhouse Chic Colonial sits pretty on an expansive lot in the
Town of Newburgh. Its got all the bells and whistles including a
rocking chair front porch, beautiful hardwood flooring throughout,
a wood burning stove, tastefully renovated kitchen and bathrooms
(one with a barn door), spacious bedrooms, mudroom and a fenced-in
backyard oasis. This home sits on just over an acre of property,
but also includes two additional lots that brings the total acreage
to just under 1.5. A home for all seasons, catch some rays and BBQ
in the backyard on a spring or summer day or make a fire inside or
out and get cozy on the crisp fall and winter evenings. The
expansive driveway provides lots of space for yourself and your
guests, and the convenient side entrance makes getting in and out
of the home a breeze. There's also a huge lower level workshop and
garage. This home sits near parks, major highways and shopping but
also enjoys a quiet spot far enough away from it all. Make your
appointment today and get ready to fall in love! Additional
Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car
Attached,
Unit Size
2,320 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$129
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1920
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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 months ago (OneKey MLS #KEYH6066617)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Keller Williams Realty | $299,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This Farmhouse Chic Colonial sits pretty on an expansive lot in the Town of Newburgh. Its got all the bells and whistles including a rocking chair front porch, beautiful hardwood flooring throughout, a wood burning stove, tastefully renovated kitchen and bathrooms (one with a barn door), spacious bedrooms, mudroom and a fenced-in backyard oasis. This home sits on just over an acre of property, but also includes two additional lots that brings the total acreage to just under 1.5. A home for all seasons, catch some rays and BBQ in the backyard on a spring or summer day or make a fire inside or out and get cozy on the crisp fall and winter evenings. The expansive driveway provides lots of space for yourself and your guests, and the convenient side entrance makes getting in and out of the home a breeze. There's also a huge lower level workshop and garage. This home sits near parks, major highways and shopping but also enjoys a quiet spot far enough away from it all. Make your appointment today and get ready to fall in love!
| |||
| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| Jan 2, 2016 | Listed by Howard Hanna Rand Realty | $229,900 | |
| Listed by Howard Hanna Rand Realty | |||
Property Highlights
Garage
Parking Available
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017