NOT LISTED FOR SALE

281 3rd St Newburgh, NY 12550

4 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold September 04, 2019

Last sale price $271,000

10 Days on Market

Highlights

  • Water Views
  • 2 Car Garage
  • 3-minute walk to Downing Park
  • No HOA

About This Home

As of September 2019

Classic Brick 4-Family Residence directly across the street from Downing Park. Water Views from every apartment! Currently Fully Occupied. Nice sized Double Lot (one parcel) with a Two-Car Garage in the back for additional Income if desired. In the same family for over 65 years and Owner Occupied until 5 years ago, but it's time to let this one go. Priced accordingly there is a great opportunity for some sweat equity here as the property will require some work.

Last Agent to Sell the Property

Edwin Maldonado

Howard Hanna Rand Realty License #30MA0929099 Listed on: 03/29/2019

Howard Hanna Rand Realty

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50' x 143'

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Water Views
  • Range
  • City Lot

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Legal Lot and Block 4 / 1

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Electric Expense $76
  • Fuel Expense $1
  • Insurance Expense $1,925
  • Supplies Expense $1
  • New Taxes Expense $10,364
  • Net Operating Income $25,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1960
  • Property Sub-Type: Quadruplex
  • Lot Size Acres: 0.16
  • Road Surface Type: Gravel
  • View Type:Pond View: Water
  • Supplies Expense: 1.0
  • Co List Office Phone: 845-338-5252
  • MLS Status: Closed
  • Architectural Style: Other
  • Location Tax and Legal:Tax Block: 1
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Dimensions: 50' x 143'
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 10364.0
  • Income And Expenses Cap Rate: 11.0
  • Gross Scheduled Income: 40800.0
  • Income And Expenses Fuel Expense: 1.0
  • Appliances Refrigerators: Yes
  • Water Source:Public: Yes
  • View Water3: Yes
  • Road Surface Type Gravel2: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Full, Walk-Out Access
  • Full Basement: Yes
  • Appliances Range: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Type: Brick, Frame
  • Construction Materials:Frame: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Off Street, Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Trash Expense: 1.0

Schools

  • Junior High Dist: Newburgh City Schools

Lot Info

  • Lot Features: City Lot
  • Lot Dimensions: 50' x 143'
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 76.0
  • Insurance Expense: 1925.0
  • Net Operating Income: 25267.0

Tax Info

  • New Taxes Expense: 10364.0
  • Tax Block: 1
  • Tax Lot: 4

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $271,000 +20.4% --
04/08/2019 04/08/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $225,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Edwin Maldonado

    Seller's Agent in 2019

    Edwin Maldonado

    Howard Hanna Rand Realty

    (845) 389-8555

    73 Total Sales

    Edwin Maldonado
    Section Image

  • N

    Buyer's Agent in 2019

    NON MLS OFFICE

    Anderson Agency

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20191043

Hudson Valley Catskills Region Multiple List Service
New York Orange County Newburgh 12550

281 3rd St, Newburgh, NY

This home is located at 281 3rd St, Newburgh, NY 12550 since 29 March 2019. This property was built in 1960. 281 3rd St is a home located in Orange County with nearby schools including Newburgh Free Academy Main Campus, Bishop Dunn Memorial, and San Miguel Academy Of Newburgh.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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