28 days on rocket

86 Lander St, Newburgh, NY, 12550

$975,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
7 Full Baths
3,200 SqFt
$305/SqFt
Multi
Schools Nearby

Location

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86 Lander St, Newburgh$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1900
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
MLS #H6298085
StatusActive
(A)

About 86 Lander St

Turnkey Investment: Renovated Four-Unit Building in Newburgh's Historic District Discover 86 Lander Street, a prime four-family brick building blending modern amenities with historic charm and featuring three 3-bedroom/2-bath and one 2-bedroom/1-bath units, each with quartz countertops, stainless steel appliances, and hardwood floors. An attractive investment opportunity awaits with an estimated annual rent roll over $110,000 and an assumable rate for financial flexibility. Located in Newburgh's Historic District, this property is moments away from the vibrant waterfront, downtown, Montefiore St. Luke's Hospital, Downing Park, Mount Saint Mary College, and Washington's Headquarters. Experience the convenience of city living with a touch of history. Don't miss out on this turnkey investment in Newburgh where modern living meets heritage.

Property Details

Property Features

Property Information:

  • Architectural Style: Tri-Level
  • Year Built: 1900
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Historic, Near Public Transit

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $305/SqFt

Tax Information:

  • Annual Amount: $3,826
  • 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

86 Lander St vs Newburgh

28 DAYS ON ROCKET

-26 Days

$975,000

+$620K More

$305/SqFt

+$93 More

KEY TAKEAWAY

This property is $620K more than the Median Sold Price and $93/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: #H6298085

Listing Office:

  • Office Name: Voro LLC
  • Office Phone: (877) 943-8676

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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,826$11,900
2019$774$11,900
2018 - $11,900
2017 - $11,900

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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-3160174
4
/10

  • Horizon-On-The-Hudson Magnet School

  • 137 Montgomery St

  • 0.36 miles

  • Public Magnet Grades PK-5

school-card-donut-3160175
3
/10

  • Gams High Tech Magnet School

  • 300 Gidney Ave

  • 0.84 miles

  • Public Magnet Grades KG-6

school-card-donut-3160176
8
/10

  • New Windsor School

  • 175 Quassaick Ave

  • 1.74 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 $31,809. The majority of Newburgh, NY residents have income less than $35k annually. 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›86 Lander St

This home is located at 86 Lander St in Newburgh, NY and zip code 12550. This 3,200 square foot home was built in 1900. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $975,000.

In March 2024, from all listings sold in Newburgh, NY there were more than 4 sold above asking price, over 15 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Newburgh, NY increased by 2.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 54 days, the median list price was $355,000.

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

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