NOT LISTED FOR SALE

76 Benkard Ave Newburgh, NY 12550

Estimated Value: $383,588

4 Beds
2 Baths
2,000 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 05, 2024

Last sale price $240,000 $120 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,744/month

70 Days on Market

Highlights

  • The property is located in a historic district
  • Park
  • Hot Water Heating System
  • Property is near public transit

About This Home

As of November 2024

Movin on up.... to up and coming Benkard Ave. Lots of rehab action on this quiet block. This is the place to be for your own home with potential rental income to offset your expenses or a solid 2 family rental property providing a great income stream.
Solid brick construction with new chimney. Great apartments with Hardwood floors provide plenty of room. Located within the Historic District of Newburgh and only 5 blocks from Washington HQ and then a skip and a hop to the beacon ferry to Metro North or Bike it over the Bridge. Additional Information: AdjustedGOI:22200,

Last Agent to Sell the Property

Dan Gilbert

Brick and Mortar RE LLC Brokerage Phone: 845 2833561 License #10491208757 Listed on: 07/04/2024

Co-Listed By

Eli Vaknin

Brick and Mortar RE LLC Brokerage Phone: 845 2833561 License #10301222623

Last Buyer's Agent

Eli Vaknin

Brick and Mortar RE LLC Brokerage Phone: 845 2833561 License #10301222623

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,823

Year Built

  • Built in 1899

Lot Details

  • 2,923 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

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

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 331100-045-000-0002-013.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,823

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1899
  • Attribution Contact: 845 2833561
  • Co List Office Mls Id: ONEBRKMOR
  • Co List Office Phone: 845-283-3561
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 2000
  • Owner Pays: Insurance
  • SquareFootage: 2000.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1053

Schools

  • Middle School: South Middle School

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 2923
  • Lot Size Units: Acres
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100-045-000-0002-013.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Fuel Expense: 600
  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7823
  • Tax Map Number: 331100-045-000-0002-013.000-0000

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
Apr 24, 2018
Closed on
Oct 25, 2018
Sold by
Fortune Stream Realty Llc
Bought by
76 Benkard Llc
Seller's Agent
Walter Mandel
Mandel Realty Group LLC
Buyer's Agent
Kyle Kennedy
Stacie R Laskin LLC
List Price
$155,000
Sold Price
$130,000
Premium/Discount to List
-$25,000
-16.13%
Current Estimated Value
$383,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,588
Avg. Annual Appreciation
16.12%
Original Mortgage
$97,500
Outstanding Balance
$58,138
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,450

Purchase Details

Closed on
May 30, 2013
Sold by
76 Benkard Avenue Llc
Bought by
Fortune Stream Realty Llc

Purchase Details

Closed on
Mar 24, 2010
Sold by
Oropeza Johnson
Bought by
76 Benkard Avenue Llc

Purchase Details

Closed on
Jan 18, 2010
Sold by
Deutsche Bank National Tr
Bought by
Oropeza Johnson

Purchase Details

Closed on
Aug 20, 2008
Sold by
Peter Neuman As Referee
Bought by
Deutsche Bank National Trust Co As Indentur

Purchase Details

Closed on
Nov 4, 2003
Sold by
Grand Start Inc
Bought by
Leplon Jorge
Source: Public Records
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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
76 Benkard Llc $130,000 --
Fortune Stream Realty Llc $47,500 Thomas J Murphy
76 Benkard Avenue Llc -- Thomas J Murphy
Oropeza Johnson $50,000 Thomas Murphy
Deutsche Bank National Trust Co As Indentur $500 Fein, Such & Crane Llp
Leplon Jorge $116,494 Nancy Schneider
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 76 Benkard Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $130,000 -- --
11/05/2024 11/05/24 Sold $240,000 0.0% $120 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/15/2024 08/15/24 Off Market $240,000 -- --
07/04/2024 07/04/24 For Sale $249,000 +91.5% $125 / Sq Ft
10/29/2018 10/29/18 Sold $130,000 -16.1% $65 / Sq Ft View Prior Sale
04/24/2018 04/24/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $155,000 -- $78 / 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 $9,023 $273,000 $25,100 $247,900
2023 $9,023 $273,000 $25,100 $247,900
2022 $8,127 $190,200 $12,000 $178,200
2021 $7,394 $158,500 $10,900 $147,600
2020 $5,198 $134,300 $10,900 $123,400
2019 $2,181 $92,800 $11,100 $81,700
2018 $2,181 $92,800 $12,100 $80,700
2017 $3,992 $78,700 $12,100 $66,600
2016 $3,849 $74,400 $12,100 $62,300
2015 -- $78,300 $12,100 $66,200
2014 -- $87,000 $12,100 $74,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6314911

OneKey® MLS

APN: 331100-045-000-0002-013.000-0000