7 months on rocket

8 Central Ave, Newburgh, NY, 12550

$673,999

Home List Price

$8,004*

Closing Credit

9 Bedrooms
0 Baths
3,520 SqFt
$191/SqFt
Multi
Schools Nearby

Location

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8 Central Ave, Newburgh$673,999

Buyer Closing Credits

$8,004*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1928
HeatingNatural Gas, Hot Water
CoolingNone
MLS #H6268188
Lot Size0.14 Acres
StatusActive
(A)

About 8 Central Ave

Exceptionally well organized, well maintained, and high performing investment property that could also be reconverted into a lovely single-family home! 8 Central Ave is a charming two-unit, 9 bedroom home on a quiet block steps from the Mt St Mary's campus. Tidy and conscientious student roommates have pre-leased tenancies with guarantors, a handyman is on call, the students pay via electronic direct deposit; the seller is willing to pass all systems to new owner, including handyman contact and Mt St Marys alumnus leasing agent. Proforma and detailed financials are available for review.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 3,520 SqFt

Listing Office:

  • Office Name: ReAttached
  • Office Email: sarah@reattached.team

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $673,999
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $14,461
  • 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

$355K

Med. Price/SqFt

$211

Avg. Days On Market

54

# of Sold Homes

26

8 Central Ave vs Newburgh

228 DAYS ON ROCKET

+174 Days

$673,999

+$318.9K More

$191/SqFt

-$21 Less

KEY TAKEAWAY

This property is $318.9K more than the Median Sold Price and $21/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: #H6268188

Listing Office:

  • Office Name: ReAttached
  • Office Email: sarah@reattached.team

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: 4/29/2024, 2:11:15 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

Jan 03, 2019Home Sold
$312,500

Tax History

YEARPROP. TAXASSESSMENT
2020$14,461$352,200
2019$14,963$300,400
2018$4,768$202,900
2017$10,291$202,900

History based on county public records data.

Payment Calculator

$3,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,087

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-3137541
3
/10

  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.62 miles

  • Public Magnet Grades KG-6

school-card-donut-3137542
4
/10

  • Horizon-On-The-Hudson Magnet School

  • 137 Montgomery St

  • 0.66 miles

  • Public Magnet Grades PK-5

school-card-donut-3137543
2
/10

  • Balmville School

  • 5144route 9w

  • 1.21 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,096. Most Newburgh, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Orange County›Newburgh›12550›8 Central Ave

This home is located at 8 Central Ave in Newburgh, NY and zip code 12550. This 3,520 square foot home, which was built in 1928, sits on a 0.14 acre lot. Features: 9 bedrooms. It has been listed on Rocket Homes since September 13, 2023 and is currently priced at $673,999.

While more than 4 listings in Newburgh, NY in March 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 15 were sold below. In March 2024 in Newburgh, NY there were 2.8% more homes for sale than in February 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $355,000 during the same period.

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

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