NOT LISTED FOR SALE

35 Edward St Newburgh, NY 12550

Estimated Value: $450,000 - $595,689

3 Beds
3 Baths
2,016 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $320,000 $159 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,859/month

18 Days on Market

Highlights

  • River Access
  • Waterfront
  • Property is near public transit
  • The property is located in a historic district
  • Deck
  • 3-minute walk to Washington Headquarters Monument

About This Home

As of December 2019

Excellent renovated investment property in desirable area. A conscientious owner has fastidiously renovated this three unit apartment building. *New roof, new mechanicals, new flooring, new kitchens, new baths, new exterior stairs and decking, new...everything* Property was gutted to the studs and stylishly renovated with high quality fixtures and a contemporary open floor plan. As a result, these three 1BR apartment units command high rents ($1250, $1200 & $1100, no utilities included). Neighborhood is revitalizing rapidly: Coffee shop, jazz club, holistic health event space, co-working & restaurant space, and gift shop are open or are opening this year within two blocks of this property.

Last Agent to Sell the Property

Sarah Beckham

ReAttached License #10491209114 Listed on: 10/04/2019

Last Buyer's Agent

Sarah Beckham

ReAttached License #10491209114 Listed on: 10/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 1890

Lot Details

  • 2,500 Sq Ft Lot
  • Waterfront

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • River Access
  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • The property is located in a historic district

Schools

  • Meadow Hill Global Explorations Magnet Middle School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Water Views
  • Eat-In Kitchen

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 331100.046.000-0002-004.000/0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,133

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse
  • Property SubType: Triplex
  • Year Built: 1890
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: River Access
  • View: Water
  • Patio and Porch Features: Deck
  • Waterfront: Yes

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Security: Security System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Area: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 2016
  • Lot Features: Historic District, Near Public Transit, Near Shops, Views
  • Parcel Number: 331100.046.000-0002-004.000/0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5133
  • Tax Year: 2018

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2018
Sold by
Jones Sean M and Jones Monica E
Bought by
Newburgh Development Llc
Current Estimated Value
$508,922

Purchase Details

Closed on
Nov 27, 2000
Sold by
Moore Thomas O and Smith Lenore R
Bought by
Jones Sean M and Jones Monica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
7.69%
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
Newburgh Development Llc $105,000 --
Jones Sean M $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Sean M $59,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $320,000 -- --
10/13/2024 10/13/24 For Rent $1,450 0.0% --
10/08/2024 10/08/24 Off Market $1,450 -- --
12/30/2019 12/30/19 Sold $320,000 -2.7% $159 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $328,900 -- $163 / 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 $14,344 $434,000 $23,200 $410,800
2023 $14,344 $434,000 $23,200 $410,800
2022 $12,695 $297,100 $11,200 $285,900
2021 $11,550 $247,600 $10,200 $237,400
2020 $9,437 $209,800 $10,200 $199,600
2019 $2,543 $158,600 $10,200 $148,400
2018 $2,543 $107,300 $10,900 $96,400
2017 $5,031 $99,200 $10,900 $88,300
2016 $4,630 $89,500 $10,900 $78,600
2015 -- $94,200 $10,900 $83,300
2014 -- $104,700 $10,900 $93,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4957623

OneKey® MLS

APN: 331100-046-000-0002-004.000-0000