9 Oliver Drive
About This Property
The lower level includes a cozy family room, an office/exercise space, and a cedar closet for added storage. You'll want to relax on the covered front porch or the back yard Trex deck, equipped with an electric awning, surrounded by beautiful mature trees that provide privacy. Centrally located in the Town Of Newburgh, you'll have easy access to shopping, highways, and the train station, schools, Route 84 and 87 for commuters! It's a short, peaceful walk to Algonquin and Cronomer Park, which offers ball fields, tennis courts, a dog park, and a playground. This home is perfect for gatherings and enjoying the great outdoors with the quiet neighborhood. Come and live in the best of both worlds with a quiet but great location for all that you need or want! Schedule your showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Price Decreased |
$420,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Nov 23, 2024 | Relisted | $429,900 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
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About Gardnertown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017