189 Lakeside Road, Newburgh, NY, 12550 | $399,900

Offered for the first time in nearly fifty years, this 1943 Cape Cod sits on a tree-lined stretch of Newburgh's established Orange Lake hamlet. The home lives easily on a single floor, with the primary bedroom, full bath, open kitchen, and main living spaces all on the ground level, plus a full basement for storage or future build-out. Major systems and exterior have been thoughtfully maintained —with hot water steam heat, and public water. Outside, mature trees frame a 0. 34-acre lot with a detached garage and storage shed. Deeded lake rights provide shared access to Orange Lake's recreational opportunities. Ice Time Sports Complex right down the road, Algonquin Park's trails and pond fishing two miles away, and Chadwick Lake Park, Cronomer Hill Park, I-84, Stewart International Airport, and Metro-North service in Beacon all within easy reach. The interior is dated but solid — bring your updates and finish out the framed second floor at your own pace, and step into a Hudson Valley lifestyle that's getting harder to find at this price. 5BR/2BA per public record reflects the home's permitted layout; the finished and heated living area is configured as 3 bedrooms and 1 full bath on the first floor. Second floor is framed and permitted but currently unfinished and unheated. Buyer to verify all details. Orange Lake Homeowner's Association membership is optional and not included with the property.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 1 full
  • Style: Cape Cod
  • Year Built: 1943
  • Garage: 1-car
  • Heating: Hot Water, Steam
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 1,978
  • Acreage: 0.34
  • Est. Taxes: $7,283
  • HOA Fee: $50 Annually
  • Elem. School: Newburgh
  • Middle School: Newburgh
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Appliances: Dishwasher, Microwave, Refrigerator
  • MLS#: 984608
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/984608/189lakesideroad_newburgh_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of J. Morreale, LTD   Phone: 845-796-3707

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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189 Lakeside Road, Newburgh, NY, 12550

$399,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,920 $319,920 $319,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.776% 6.078%
Monthly Tax Payment $607 $607 $607
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,970 $2,048 $2,678
Total Monthly Payment $2,652 $2,730 $3,360

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.