NOT LISTED FOR SALE

123 Rock Cut Rd Newburgh, NY 12550

Estimated Value: $325,362 - $640,000

6 Beds
2 Baths
2,139 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $610,000 $285 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,967/month

100 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Formal Dining Room
  • Cathedral Ceiling
  • Main Floor Bedroom
  • 3 Car Detached Garage

About This Home

As of December 2024

Three units on a 3.3 acre parcel with a three/four bedroom cape cod plus two 1-Bedroom units and 3 garages. You may use this property as a single family with rental units or use those units for extended family assemblage. Lovely wooded, level setting with mature landscaping, this site has room for an additional building or is a candidate for a 2 lot subdivision. Very well located near Orange Lake, one mile for I-84 and the NYS Thruway. The cape has an enormous front room which is open to the kitchen and main entry. There is also a formal Living Room with Fireplace, Office, and two bedroom with a full bath, which complete the first floor. The full cellar is partially finished and has a exit to grade. The Cape has central air, forced warm-air oil Heat, a well, septic, and a lovely garden pavilion. The long accessory building has three residential garage doors plus 2 one bedroom apartments. The month to month rentals are $700 and $800/month. Both apartments have living areas that open to the kitchens and a private bedroom and full bath. For the apartments there is one hot water, boiler and heater, one well and septic which is not shared with the main house but separate electrical meters for each unit. This is a tremendous property that is new to the market after being a family compound for over 56 years.The property is level and has so many possibilities. Family owned since 1958 this is a very large parcel with multiple occupancies. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Detached,

Last Agent to Sell the Property

Jeffrey Lease

John J Lease REALTORS Inc Brokerage Phone: (845) 542-0345 License #30LE1156642 Listed on: 05/21/2024

Last Buyer's Agent

Alexander Horelick

HomeSmart Homes & Estates License #10401302548

HomeSmart Homes & Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,231

Year Built

  • Built in 1964

Lot Details

  • 2.3

Home Design

  • Triplex
  • Cape Cod Architecture

Interior Spaces

  • Cathedral Ceiling
  • Formal Dining Room
  • Wood Flooring
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Parking

  • 3 Car Detached Garage
  • Driveway

Schools

  • East Coldenham Elementary School
  • Valley Central Middle School
  • Valley Central High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Oil
  • Drilled Well
  • Septic Tank

Additional Features

  • Porch
  • Level Lot

Community Details

  • 3 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 334600-048-000-0003-025.000-0002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,231

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Triplex
  • Year Built: 1964
  • Attribution Contact: (845) 542-0345
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 610000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.79973
  • CurrentPrice_By_BuildingAreaTotal: 285.17999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining, First Floor Bedroom
  • Flooring: Hardwood
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Patio and Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Parking Description: Detached, Driveway

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Oil
  • Sewer: Septic Tank
  • Utilities: Trash Collection Private
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Valley Central Middle School

Lot Info

  • Lot Features: Level
  • Parcel Number: 334600-048-000-0003-025.000-0002
  • Property Attached: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 6231
  • Tax Year: 2023

MLS Schools

  • Elementary School: East Coldenham Elementary School
  • High School: Valley Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Dec 6, 2024
Sold by
Judy Tersillo 2018 Ret and Tersillo
Bought by
Kobel Christopher
Seller's Agent
Jeffrey Lease
John J Lease REALTORS Inc
Buyer's Agent
Alexander Horelick
HomeSmart Homes & Estates
List Price
$749,000
Sold Price
$610,000
Premium/Discount to List
-$139,000
-18.56%
Views
3
Current Estimated Value
$518,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,909
Avg. Annual Appreciation
-14.40%

Purchase Details

Closed on
Nov 15, 2023
Sold by
Judy Tersillo Ret and Tersillo
Bought by
Tersillo Ret and Tersillo

Purchase Details

Closed on
Nov 16, 2018
Sold by
Tersillo Judy
Bought by
Judy Tersillo Ret and Tersillo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kobel Christopher $610,000 Fidelity National Title (Aka
Kobel Christopher $610,000 Fidelity National Title (Aka
Tersillo Ret -- None Available
Tersillo Ret -- None Available
Judy Tersillo Ret -- --
Judy Tersillo Ret -- --
Judy Tersillo Ret -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $610,000 -18.6% $285 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $749,000 -- $350 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,032 $32,000 $8,400 $23,600
2023 $3,032 $32,000 $8,400 $23,600
2022 $3,131 $32,000 $8,400 $23,600
2021 $3,335 $32,000 $8,400 $23,600
2020 $539 $32,000 $8,400 $23,600
2019 $438 $32,000 $8,400 $23,600
2018 $438 $32,000 $8,400 $23,600
2017 $433 $32,000 $8,400 $23,600
2016 $574 $32,000 $8,400 $23,600
2015 -- $32,000 $8,400 $23,600
2014 -- $32,000 $8,400 $23,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: H6307437

OneKey® MLS

APN: 334600-048-000-0003-025.000-0002