NOT LISTED FOR SALE

2 Lattintown Rd Newburgh, NY 12550

Estimated Value: $322,942

-- Bed
-- Bath
4,300 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $500,000 $116 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $2,425/month

89 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of April 2023

GOOD 5 UNIT INCOME PRODUCING ASSET WITH UPSIDE POTENTIAL AND POSSIBLE OWNER FINANCING.... Includes 2 Studios, Two 2 Bedrooms and a vacant lower space easily converted to a 5th apartment or potentially used as an office. This property is prominently located in the Business Zone, at the corner of Route 9W and 2 Lattintown with daily vehicle traffic of +/-20,000. The owner has made many improvements since 2015 including new windows, new boiler, new hot water system, and electrical upgrades. Also there is a convenient self storage facility right across the street and off street parking. Financials available upon request.

Last Agent to Sell the Property

John DeMarco

Century 21 Alliance Rlty Group License #10301216451 Listed on: 12/02/2022

Century 21 Alliance Rlty Group

Last Buyer's Agent

John DeMarco

Century 21 Alliance Rlty Group License #10301216451 Listed on: 12/02/2022

Century 21 Alliance Rlty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,583

Year Built

  • Built in 1900 | Remodeled in 2016

Lot Details

  • 0.73 Acre Lot
  • No Common Walls
  • Corner Lot
  • Level Lot

Home Design

  • 4,300 Sq Ft Home
  • Batts Insulation
  • Aluminum Siding
  • Vinyl Siding

Parking

  • 10 Parking Spaces
  • Private Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Marlboro Elementary School
  • Marlboro Middle School
  • Marlboro Central High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Septic Tank

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 334600-010-000-0001-005.000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,583

Year Built

Built in 1900 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2016
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Unfinished
  • Living Area: 4300
  • SquareFootage: 4300.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Batts Insulation, Aluminum Siding, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 10
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot, Off Street, Private

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Oil, Baseboard
  • Sewer: Septic Tank
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 5

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Marlboro Middle School

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 31799
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level
  • Parcel Number: 334600-010-000-0001-005.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 5
  • Separate Electric Meters: 6
  • Separate Gas Meters: 5
  • NumberOf1Bedrooms: 2
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 8583
  • Tax Map Number: 334600-010-000-0001-005.000-0000

MLS Schools

  • Elementary School: Marlboro Elementary School
  • High School: Marlboro Central High School
  • Middle School District: Marlboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2014
Sold by
Coupart Thomas T
Bought by
Cappillino Jason
Current Estimated Value
$322,942
Source: Public Records

Range of Values:

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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
Cappillino Jason $145,000 Donald Cappillino
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $500,000 0.0% $116 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/04/2023 02/04/23 Off Market $500,000 -- --
12/02/2022 12/02/22 For Sale $585,000 -- $136 / 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 $7,687 $67,500 $29,100 $38,400
2022 $7,946 $67,500 $29,100 $38,400
2021 $8,583 $67,500 $29,100 $38,400
2020 $8,511 $67,500 $29,100 $38,400
2019 $8,042 $67,500 $29,100 $38,400
2018 $8,042 $67,500 $29,100 $38,400
2017 $7,742 $67,500 $29,100 $38,400
2016 $9,671 $67,500 $29,100 $38,400
2015 -- $67,500 $29,100 $38,400
2014 -- $67,500 $29,100 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6221433

OneKey® MLS

APN: 334600-010-000-0001-005.000-0000