13 days on rocket

283 Fostertown Rd, Newburgh, NY, 12550

$729,900

Home List Price

$8,668*

Closing Credit

3 Bedrooms
2 Full Baths
2,100 SqFt
$348/SqFt
House
Schools Nearby

Location

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283 Fostertown Rd, Newburgh$729,900

Buyer Closing Credits

$8,668*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, 2 Car Attached
Attached Garage2 spaces
Year Built1962
HeatingElectric, Baseboard
CoolingCentral Air
BasementYes
ViewPanoramic
MLS #H6305230
Lot Size7.83 Acres
StatusActive
(A)

About 283 Fostertown Rd

Step into a piece of Hudson Valley history with this exceptional horse farm, originally built in 1922 by the military to house the first cavalry horses in the area. This peaceful, historic property seamlessly blends its storied past with modern amenities, making it a rare and beautiful find. The impressive main barn, a testament to its rich heritage, features a spacious center aisle illuminated by overhead LED lights. It includes 10 stall spaces, with 8 original stalls and 2 newly constructed in 2017. Among the stalls, you'll find a double-sized foaling stall, 4 stalls with a concrete base (including the oversized foaling stall currently used for a Percheron Draft cross rescue), and 6 stalls with a dirt/stone dust base. Six of the stalls are matted, and while 5 are in current use, others serve as storage for hay and barn supplies. The barn also boasts renovated office and lounge areas, transforming two rooms into lovely, functional spaces. A bathroom adds convenience, and a kitchen space with electric and water hookups, counters, and cabinets offers potential. The expansive loft, historically used for hay storage, presents an opportunity to be divided and transformed into a breathtaking living or event space. The property is ideal for equestrian pursuits, featuring 2 grass paddocks with vinyl fencing, an extra-large grass paddock with Electrobraid fencing and a large shelter, a 70-foot diameter sand footing round pen, and 2 well-drained grass riding and jumping fields. The scenic landscape is adorned with beautiful rolling hills, natural rock outcroppings, and a tree-lined perimeter, creating a picturesque setting. Additional buildings include a shed row added in the 1960s, which contains a small vinyl-fenced grass paddock and 5 stalls historically used for mares, foals, and a larger stallion enclosure. The current owners utilize this space for barn equipment storage and manure composting, but it offers considerable potential for various uses. Nestled on a hill overlooking the property, the spacious and immaculate ranch-style home offers comfort and tranquility. It features two fireplaces providing warmth and ambiance, a generous living area perfect for gatherings, and three spacious bedrooms. A full unfinished basement provides ample storage space or the potential for additional living areas. Enjoy the serenity of the front porch, perfect for morning coffee or evening drinks. Watch your horses graze while taking in the breeze or sunset, making it an ideal spot for relaxation and conversation with friends and family. This Hudson Valley horse farm is a unique gem, offering a harmonious blend of historical charm and contemporary functionality. Don't miss the opportunity to own this exceptional property. It's truly a once in a lifetime opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Living Area: 2,100 SqFt

Listing Office:

  • Office Name: Keller Williams Hudson Valley
  • Office Phone: (845) 656-4498

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Formal Dining

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, 2 Car Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 7.83 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,900
  • Price Per SqFt: $348/SqFt

Tax Information:

  • Annual Amount: $5,651
  • 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

283 Fostertown Rd vs Newburgh

13 DAYS ON ROCKET

-62 Days

$729,900

+$367.1K More

$348/SqFt

+$135 More

KEY TAKEAWAY

This property is $367.1K more than the Median Sold Price and $135/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: #H6305230

Listing Office:

  • Office Name: Keller Williams Hudson Valley
  • Office Phone: (845) 656-4498

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: 5/22/2024, 10:11:33 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

May 18, 2017Home Sold
$320,000
Aug 16, 2016Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,651$148,250
2019$16,641$148,250
2018$5,518$148,250
2017$16,866$148,250

History based on county public records data.

Payment Calculator

$3,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,255

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-394250
4
/10
  • Fostertown Etc Magnet School

  • 364 Fostertown Rd

  • 1.07 miles

  • Public Magnet Grades KG-5

school-card-donut-394251
6
/10
  • Gardnertown Fundamental Magnet School

  • 6 Plattekill Tpke

  • 1.48 miles

  • Public Magnet Grades PK-5

school-card-donut-394252
2
/10
  • Balmville School

  • 5144route 9w

  • 1.65 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $131,061. Most Newburgh, NY residents have annual incomes between $100k-200k. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 283 Fostertown Rd

What is the listing price of this property?

The listing price of 283 Fostertown Rd property is $729,900.

What type of property is this?

The property 283 Fostertown Rd is a house located in Newburgh, New York, 12550.

Is this property for sale now?

Active Listing: 283 Fostertown Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,651 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 18, 2017 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 283 Fostertown Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 283 Fostertown Rd is 2,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 283 Fostertown Rd is 1962.

Rocket Homes›New York›Orange County›Newburgh›12550›283 Fostertown Rd

This home is located at 283 Fostertown Rd in Newburgh, NY and zip code 12550. This 2,100 square foot home, which was built in 1962, sits on a 7.83 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $729,900.

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%. While the average time on the market in April 2024 was 75 days, the median list price was $362,750.

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

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