NOT LISTED FOR SALE

198 N Fostertown Dr Newburgh, NY 12550

Estimated Value: $558,765 - $748,000

6 Beds
4 Baths
3,648 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $565,000 $155 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,232/month

53 Days on Market

Highlights

  • 1.8 Acre Lot
  • Granite Countertops
  • Eat-In Kitchen
  • Colonial Architecture
  • Porch
  • Baseboard Heating

About This Home

As of December 2023

This two-family property on a beautiful wooded lot offers a great investment opportunity and/or landlord live-in arrangement, generating above average cap rate! The two units one newly renovated, feature open-concept layouts on the main floor, three bedrooms and full bathroom on the 2nd floor and finished basements with washer/dryer hookups + private patios. Commuter-friendly location near major highways , Metro North station in Beacon, as well as shopping and entertainment.

Last Agent to Sell the Property

Lyra Blumenthal

RE/MAX Benchmark Realty Group Brokerage Phone: 845-565-0004 License #10301201617 Listed on: 09/24/2023

RE/MAX Benchmark Realty Group

Last Buyer's Agent

Joseph Eugene

eXp Realty License #10401304190

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,150

Year Built

  • Built in 1996 | Remodeled in 2022

Lot Details

  • 1.8 Acre Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,648 Sq Ft Home
  • Wall to Wall Carpet
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room

Outdoor Features

  • Porch

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • 2 Units
  • 3 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for all utilities, electricity, heat
  • Assessor Parcel Number 334600-017-000-0002-079.230-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,150

Year Built

Built in 1996 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1996
  • Year Built Effective: 2022
  • Attribution Contact: 845-565-0004
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Powder Room
  • Living Area Units: Square Feet
  • Flooring: Wall To Wall Carpet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3648
  • SquareFootage: 3648.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Propane, Baseboard
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 1.8
  • Lot Size Area: 1.8
  • Lot Size Sq Ft: 78408
  • Lot Size Units: Acres
  • Parcel Number: 334600-017-000-0002-079.230-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Electricity, Heat

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 10150
  • Tax Map Number: 334600-017-000-0002-079.230-0000

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Dec 18, 2023
Sold by
Hl Rentals Llc
Bought by
Foster Michelle
Seller's Agent
Lyra Blumenthal
RE/MAX Benchmark Realty Group
Buyer's Agent
Joseph Eugene
eXp Realty
List Price
$574,900
Sold Price
$565,000
Premium/Discount to List
-$9,900
-1.72%
Views
52
Current Estimated Value
$621,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,941
Avg. Annual Appreciation
6.29%
Original Mortgage
$452,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Foster Michelle $565,000 First American Title
Foster Michelle $565,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Michelle $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $565,000 -1.7% $155 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $574,900 +1.8% $158 / Sq Ft
09/29/2023 09/29/23 Off Market $565,000 -- --
09/24/2023 09/24/23 For Sale $574,900 -- $158 / 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
2023 $10,120 $97,600 $8,700 $88,900
2022 $10,425 $97,600 $8,700 $88,900
2021 $10,479 $97,600 $8,700 $88,900
2020 $10,421 $97,600 $8,700 $88,900
2019 $2,999 $97,600 $8,700 $88,900
2018 $2,999 $97,600 $8,700 $88,900
2017 $10,687 $97,600 $8,700 $88,900
2016 $10,482 $97,600 $8,700 $88,900
2015 -- $97,600 $8,700 $88,900
2014 -- $97,600 $8,700 $88,900
Source: Public Records

Agents Affiliated with this Home

  • Lyra Blumenthal

    Seller's Agent in 2023

    Lyra Blumenthal

    RE/MAX Benchmark Realty Group

    (845) 728-9940

    72 in this area

    152 Total Sales

    Lyra Blumenthal
    Section Image

  • J

    Buyer's Agent in 2023

    Joseph Eugene

    eXp Realty

    (845) 699-7926

    2 in this area

    17 Total Sales

    Joseph Eugene
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6268655

OneKey® MLS

APN: 334600-017-000-0002-079.230-0000

New York Orange County Newburgh 12550

198 N Fostertown Dr, Newburgh, NY

This home is located at 198 N Fostertown Dr, Newburgh, NY 12550 since 24 September 2023 and is currently estimated at $621,941, approximately $170 per square foot. This property was built in 1996. 198 N Fostertown Dr is a home located in Orange County with nearby schools including Newburgh Free Academy Main Campus.

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