$589,000
SOLD JUL 2, 2024 RENTED SEP 23, 2024

6 Cocoa Ln Newburgh, NY 12550

5 Beds
2.5 Baths
2,332 Sq Ft
1.4 Acres

Recently Sold

$253 Per Sq Ft

49 Days on Market

Highlights

  • 1.4 Acre Lot
  • Private Lot
  • Raised Ranch Architecture
  • Property is near public transit
  • Wooded Lot
  • Granite Countertops

About This Home

As of July 2024

Welcome to 6 Cocoa Lane, a charming 2-family raised ranch duplex in the town of Newburgh. Situated on a private 1.4-acre wooded lot with a spacious driveway, this property offers tranquility and convenience. The first unit features 3 bedrooms, 1.5 bathrooms, an attached garage, and a balcony with serene views. The second unit is a 2-bedroom, 1-bathroom, with a balcony. However, this unit surprises with its spaciousness. It boasts two large bonus rooms which create an additional 500sqft of livable space. Both units have been recently renovated with LVP flooring, new quartz countertops, and new balcony decking. The house will be delivered vacant and fully updated. This gives the new owner the flexibility to live in or rent out either unit. Don't miss this opportunity for a versatile investment property or multi-generational living. Schedule a showing today at 6 Cocoa Lane and envision the possibilities for yourself!

Last Agent to Sell the Property

RAYMOND WILLIAMS

Century 21 Alliance Rlty Group Brokerage Phone: (845) 297-4700 License #10401377052 Listed on: 02/15/2024

Century 21 Alliance Rlty Group

Last Buyer's Agent

Antonio Sanchez

Harbor Gray Real Estate LLC License #10491212990

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,705

Year Built

  • Built in 1987 | Remodeled in 2024

Lot Details

  • 1.4 Acre Lot
  • Two or More Common Walls
  • Private Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Vinyl Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Storage
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 334600-034-000-0002-071.100-0000

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • 3 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,705

Year Built

Built in 1987 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Raised Ranch
  • Property SubType: Multi Family
  • Year Built: 1987
  • Year Built Effective: 2024
  • Attribution Contact: (845) 297-4700
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Storage
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2332
  • SquareFootage: 2332.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Balcony

Garage/Parking

  • Total Parking Spaces: 8
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Baseboard
  • Sewer: Septic Tank
  • Water Source: Well
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 1.4
  • Lot Size Area: 1.4
  • Lot Size Sq Ft: 60984
  • Lot Size Units: Acres
  • Lot Features: Wooded, Near Public Transit, Private
  • Parcel Number: 334600-034-000-0002-071.100-0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 8705
  • Tax Map Number: 334600-034-000-0002-071.100-0000

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
Feb 15, 2024
Closed on
Jun 26, 2024
Sold by
Williams Asset Mgmt Llc
Bought by
Medrano Joseias and Pena Nairovi
Seller's Agent
RAYMOND WILLIAMS
Century 21 Alliance Rlty Group
Buyer's Agent
Antonio Sanchez
Harbor Gray Real Estate LLC
List Price
$589,000
Sold Price
$589,000
Views
183
Current Estimated Value
$576,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,341
Avg. Annual Appreciation
-1.76%
Original Mortgage
$578,331
Outstanding Balance
$571,985
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$4,674

Purchase Details

Closed on
May 19, 2021
Sold by
Williams Raymond
Bought by
Williams Asset Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Mar 7, 2018
Closed on
Jun 7, 2018
Sold by
Wilmington Svgs Fund Soc
Bought by
Williams Raymond
Seller's Agent
Dean Nugent
Mary Jane Pastor Realty
Buyer's Agent
James Garofalo
Keller Williams Hudson Valley
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Lopez Joshua
Bought by
Wilmington Svngs Fund Tr

Purchase Details

Closed on
Oct 20, 2004
Sold by
Wager David
Bought by
Lopez Joshua
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $589,000 Old Republic Title
Deed $589,000 Old Republic Title
Foreclosure Deed -- None Available
Foreclosure Deed -- None Available
Foreclosure Deed -- None Available
Deed $301,200 --
Deed $301,200 --
Deed $301,200 --
Deed $100,000 --
Deed $100,000 --
Deed $100,000 --
Deed $340,000 Michelle Anderson
Deed $340,000 Michelle Anderson
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $578,331 FHA
Closed $578,331 FHA
Previous Owner $225,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Rented $2,600 0.0% --
09/19/2024 09/19/24 Under Contract -- -- --
08/28/2024 08/28/24 Price Changed $2,600 -5.5% $2 / Sq Ft
08/19/2024 08/19/24 Price Changed $2,750 -3.5% $2 / Sq Ft
08/12/2024 08/12/24 For Rent $2,850 0.0% --
07/02/2024 07/02/24 Sold $589,000 0.0% $253 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $589,000 +96.3% $253 / Sq Ft
06/13/2018 06/13/18 Sold $300,000 +5.3% $129 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $285,000 -- $122 / 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 $8,450 $81,500 $9,000 $72,500
2023 $8,450 $81,500 $9,000 $72,500
2022 $8,706 $81,500 $9,000 $72,500
2021 $8,750 $81,500 $9,000 $72,500
2020 $8,702 $81,500 $9,000 $72,500
2019 $2,504 $81,500 $9,000 $72,500
2018 $2,504 $81,500 $9,000 $72,500
2017 $8,924 $81,500 $9,000 $72,500
2016 $8,753 $81,500 $9,000 $72,500
2015 -- $81,500 $9,000 $72,500
2014 -- $81,500 $9,000 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6289070

OneKey® MLS

APN: 334600-034-000-0002-071.100-0000