1 month on rocket

26 City Ter, Newburgh, NY, 12550

$315,000

Home List Price

$3,741*

Closing Credit

5 Bedrooms
2 Full Baths
1,942 SqFt
$162/SqFt
Multi
Schools Nearby

Location

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26 City Ter, Newburgh$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCommon
Year Built1890
HeatingNatural Gas, Gravity
CoolingNone, Wall Unit(s)
BasementYes
MLS #H6294131
Lot Size0.05 Acres
StatusActive
(A)

About 26 City Ter

Welcome to 26 City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1890
  • Living Area: 1,942 SqFt

Listing Office:

  • Office Name: eRealty Advisors, Inc
  • Office Phone: (914) 712-6330

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Master Downstairs, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Common

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Gravity
  • Cooling: None, Wall Unit(s)

Other

Directions Information:

  • Directions: Turn left onto NY-17K E/Hwy 17K E, Continue straight onto Broadway, Turn left onto City Terrace and drive to #26 on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $162/SqFt

Tax Information:

  • Annual Amount: $6,212
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$362.7K

Med. Price/SqFt

$212

Avg. Days On Market

75

# of Sold Homes

28

26 City Ter vs Newburgh

51 DAYS ON ROCKET

-24 Days

$315,000

-$47.7K Less

$162/SqFt

-$51 Less

KEY TAKEAWAY

This property is $47.7K less than the Median Sold Price and $51/SqFt less than other homes in Newburgh, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6294131

Listing Office:

  • Office Name: eRealty Advisors, Inc
  • Office Phone: (914) 712-6330

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: 5/2/2024, 1:11:36 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

Feb 02, 2007Home Sold
$163,200
Apr 21, 2005Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,212$110,900
2019$8,165$74,100
2018$3,662$67,400
2017$2,916$57,500

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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-4740207
4
/10
  • Horizon-On-The-Hudson Magnet School

  • 137 Montgomery St

  • 0.59 miles

  • Public Magnet Grades PK-5

school-card-donut-4740208
3
/10
  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.86 miles

  • Public Magnet Grades KG-6

school-card-donut-4740209
8
/10
  • New Windsor School

  • 175 Quassaick Ave

  • 1.56 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,826. The most common annual income of people living in Newburgh, NY is less than $35k. 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›26 City Ter

This home is located at 26 City Ter in Newburgh, NY and zip code 12550. This 1,942 square foot home, which was built in 1890, sits on a 0.05 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $315,000.

In April 2024 more than 10 listings in Newburgh, NY were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Newburgh, NY between March 2024 and April 2024 increased by 15.3%. Listings spent 75 days on the market in April 2024, and had a median list price of $362,750 during the same period.

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

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