3 months on rocket

160 N Miller St, Newburgh, NY, 12550

$379,000

Home List Price

$4,501*

Closing Credit

6 Bedrooms
2 Full Baths
1,584 SqFt
$239/SqFt
Multi

Location

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160 N Miller St, Newburgh$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1900
HeatingOil, Baseboard
CoolingNone
BasementYes
MLS #H6302287
Lot Size0.08 Acres
StatusActive
(A)

About 160 N Miller St

Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1900
  • Living Area: 1,584 SqFt

Listing Office:

  • Office Name: Corcoran Baer & McIntosh
  • Office Phone: (845) 500-0059

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Oil, Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $4,810
  • 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

$373.6K

Med. Price/SqFt

$225

Avg. Days On Market

74

# of Sold Homes

45

160 N Miller St vs Newburgh

95 DAYS ON ROCKET

+21 Days

$379,000

+$5.3K More

$239/SqFt

+$14 More

KEY TAKEAWAY

This property is $5.3K more than the Median Sold Price and $14/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: #H6302287

Listing Office:

  • Office Name: Corcoran Baer & McIntosh
  • Office Phone: (845) 500-0059

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: 11/10/2024, 4:11:48 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$4,810$108,700
2019$4,216$75,500
2018$1,612$68,600
2017$3,479$68,600

History based on county public records data.

Payment Calculator

$1,959

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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-837325
3
/10

  • Horizon-on-the-Hudson Magnet School

  • 137 Montgomery St

  • 0.33 miles

  • Public Magnet Grades PK-5

school-card-donut-837326
3
/10

  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.64 miles

  • Public Magnet Grades PK-5

school-card-donut-837327
2
/10

  • Balmville School

  • 5144 Route 9W

  • 1.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,603. The majority of Newburgh, NY residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Orange County›Newburgh›12550›160 N Miller St

This home is located at 160 N Miller St in Newburgh, NY and zip code 12550. This 1,584 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $379,000.

In October 2024 more than 18 listings in Newburgh, NY were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 22 were sold below. The inventory of homes for sale in Newburgh, NY between September 2024 and October 2024 increased by 3.9%. While the average time on the market in October 2024 was 74 days, the median list price was $373,611.

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

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