Duplex with Garage
For Sale
$650,000
67 Meadow Hill Road, Newburgh, NY 12550
A 3-bedroom main residence is paired with a separate 1-bedroom apartment.
Property Size3,053 SF
Price / SF$212.91
Days on Market38
Property Features for 67 Meadow Hill Road
General Information
Standard status
Active
Size
3,053 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,343
Building Details
Building Size
3,053 SF
Year Built
1990
Listing Agency:
KW Hudson Valley United
Listed By:
Minnie E Thomas
(845) 610-6065
Source:
Hhir
Added: Sep 23
Changed: Oct 30
Last Checked: Oct 29 at 11:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Hudson Valley United
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Investment Insights
Based on property information with market context.
This 3,053-square-foot duplex, built in 1990, combines a three-bedroom main residence with a separate one-bedroom apartment above the garage. The apartment includes a full bathroom. The main residence’s bathroom count is not specified clearly enough to include.
The property is located on Meadow Hill Road in Newburgh, New York. Its two distinct living areas are configured within one property, with the apartment situated over the garage.
The property is located on Meadow Hill Road in Newburgh, New York. Its two distinct living areas are configured within one property, with the apartment situated over the garage.
Key Highlights
- 3,053 square feet
- Two‑family layout with a 3‑bedroom main residence
- Separate 1‑bedroom apartment above the garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,108
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,160
$1.1M
Cap Rate 7%
$815,829
$815.8K
Cap Rate 9%
$634,533
$634.5K
Market Conditions
NOI Build-Up for 3,053 SF
Gross rent
$107.7K $35.28/SF
− Vacancy
−$3.9K −$1.27/SF
EGI
$103.8K $34.01/SF
− OpEx
−$46.7K −$15.30/SF
NOI
$57.1K $18.71/SF
Area
Orange County, NY
Vacancy
3.60%
Lease Rate
$35.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,142,160
Cap Rate 7%
$815,829
Cap Rate 9%
$634,533
Alternative Uses
Best Use
Multifamily LT 5
$866.9K
$758.5K – $1.01M
NOI $60,682 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$815.8K
$713.9K – $951.8K
NOI $57,108 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$1.03M
$904.8K – $1.21M
NOI $72,381 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
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Business Placement
Demographics for 12550, NY
55,869
Population
22,204
Households
2.5
Avg Household Size
37
Median Age
26%
College-Educated
86%
High-School Grad
34.7 sq mi
ZIP Area
1,610
Density / Sq Mi
$78,019
Median Household Income
$40,762
Median Earnings
$1,466
Median Rent
$297,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 3-bedroom main residence is paired with a separate 1-bedroom apartment.
Where is this duplex located?
The property is located at 67 Meadow Hill Road Newburgh, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,053 square feet; Two‑family layout with a 3‑bedroom main residence; Separate 1‑bedroom apartment above the garage
