13 days on rocket

123 Rock Cut Rd, Newburgh, NY, 12550

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
2,139 SqFt
$327/SqFt
Multi
Schools Nearby

Location

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123 Rock Cut Rd, Newburgh$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, 3 Car Detached, Driveway
Garage3 spaces
Year Built1964
HeatingOil, Baseboard
CoolingCentral Air
BasementYes
MLS #H6307437
StatusActive
(A)

About 123 Rock Cut Rd

Three units on a 3.3 acre parcel with a three/four bedroom cape cod plus two 1-Bedroom units and 3 garages. You may use this property as a single family with rental units or use those units for extended family assemblage. Lovely wooded, level setting with mature landscaping, this site has room for an additional building or is a candidate for a 2 lot subdivision. Very well located near Orange Lake, one mile for I-84 and the NYS Thruway. The cape has an enormous front room which is open to the kitchen and main entry. There is also a formal Living Room with Fireplace, Office, and two bedroom with a full bath, which complete the first floor. The full cellar is partially finished and has a exit to grade. The Cape has central air, forced warm-air oil Heat, a well, septic, and a lovely garden pavilion. The long accessory building has three residential garage doors plus 2 one bedroom apartments. Both apartments have living areas that open to the kitchens and a private bedroom and full bath. For the apartments there is one hot water, boiler and heater, one well and septic which is not shared with the main house but separate electrical meters for each unit. This is a tremendous property that is new to the market after being a family compound for over 56 years.The property is level and has so many possibilities. Family owned since 1958 this is a very large parcel with multiple occupancies.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1964
  • Living Area: 2,139 SqFt

Listing Office:

  • Office Name: John J Lease REALTORS Inc
  • Office Phone: (845) 542-0345

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, 3 Car Detached, Driveway

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Oil, Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Route 17K from I-84, 1/2 mile to Rock Cut Road. One mile down Rock Cut on your left just before the traffic light at Route 52 see horseshoe drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $327/SqFt

Tax Information:

  • Annual Amount: $950
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newburgh, NY.

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Newburgh, NY

City

Med. Sold Price

$370K

Med. Price/SqFt

$219

Avg. Days On Market

48

# of Sold Homes

42

123 Rock Cut Rd vs Newburgh

13 DAYS ON ROCKET

-35 Days

$699,000

+$329K More

$327/SqFt

+$107 More

KEY TAKEAWAY

This property is $329K more than the Median Sold Price and $107/SqFt more than other homes in Newburgh, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6307437

Listing Office:

  • Office Name: John J Lease REALTORS Inc
  • Office Phone: (845) 542-0345

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2024, 12:11:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$950$32,000
2019$538$32,000
2018$438$32,000
2017$433$32,000

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-8016414
4
/10

  • East Coldenham Elementary School

  • 286route 17k

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-8016415
6
/10

  • Gardnertown Fundamental Magnet School

  • 6 Plattekill Tpke

  • 2.85 miles

  • Public Magnet Grades PK-5

school-card-donut-8016416
5
/10

  • Leptondale Elementary School

  • 48 Mill St

  • 3.48 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,864. Typical income of Newburgh, NY residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Orange County›Newburgh›12550›123 Rock Cut Rd

This home is located at 123 Rock Cut Rd in Newburgh, NY and zip code 12550. This 2,139 square foot home was built in 1964. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $699,000.

In May 2024 more than 20 listings in Newburgh, NY were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 14 were sold below. In May 2024 in Newburgh, NY there were 16.3% more homes for sale than in April 2024. In May 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $370,000.

From Rocket Homes Real Estate and based on county public records data.

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