1 month on rocket

6 Farrington St, Newburgh, NY, 12550

$750,000

Home List Price

$8,906*

Closing Credit

12 Bedrooms
4 Full Baths
Multi

Location

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6 Farrington St, Newburgh$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPublic Parking, On Street
Year Built1900
HeatingNatural Gas, Baseboard
CoolingWall/Window Unit(s)
MLS #H6333736
Lot Size0.03 Acres
StatusActive

About 6 Farrington St

Welcome to your next investment. This property presents an incredible investment opportunity that is truly hard to pass up. The property was fully renovated in 2020, 4 Units in excellent condition. Located in a prime area with convenient access to shopping, parks, and transportation, this building is fully occupied by reliable, on-time-paying tenants, ensuring steady revenue from day one. With low maintenance needs due to recent updates and a high demand for well-appointed rental units in this neighborhood, this property is ideal for investors seeking a high-quality, worry-free addition to their portfolio or owner occupied and have it pay the mortgage on its own while you live for free!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RE/MAX Town & Country
  • Office Phone: (845) 765-6128

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Public Parking, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Start by getting on the Henry Hudson Parkway North from your location in New York City. Continue on Henry Hudson Parkway, which will turn into Saw Mill River Parkway. Merge onto the Taconic State Parkway North. Take the exit for I-84 W toward Newburgh. Continue on I-84 W and cross the Newburgh-Beacon Bridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

Tax Information:

  • Annual Amount: $13,006
  • 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

$373K

Med. Price/SqFt

$233

Avg. Days On Market

39

# of Sold Homes

36

6 Farrington St vs Newburgh

56 DAYS ON ROCKET

+17 Days

$750,000

+$377K More

KEY TAKEAWAY

This property is $377K more than the Median Sold Price in Newburgh, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #H6333736

Listing Office:

  • Office Name: RE/MAX Town & Country
  • Office Phone: (845) 765-6128

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: 12/22/2024, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 24, 2018Home Sold
$152,000
Jul 26, 2013Home Sold
$155,500
Apr 22, 2011Home Sold
$45,500
Apr 13, 2006Home Sold
$342,000
Apr 13, 2005Home Sold
$202,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,006$172,800
2019$9,051$162,600
2018$6,662$162,600
2017$9,362$162,600

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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-1139914
3
/10

  • Horizon-on-the-Hudson Magnet School

  • 137 Montgomery St

  • 0.22 miles

  • Public Magnet Grades PK-5

school-card-donut-1139915
3
/10

  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-1139916
5
/10

  • South Avenue School

  • 60 South Ave

  • 1.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,809. Residents of Newburgh, NY typically earn less than $35k each year. The majority of families are single, with kids. Most 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›6 Farrington St

This home is located at 6 Farrington St in Newburgh, NY and zip code 12550. This home, which was built in 1900, sits on a 0.03 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $750,000.

In November 2024 more than 11 listings in Newburgh, NY were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 15 were sold below. Between October 2024 and November 2024, Newburgh, NY real estate market has seen decrease in the number of listings by 13.6%. In November 2024 median list price was $373,000 and the average listing age was 39 days.

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

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