Capri New Windsor: A Thriving Community with Excellent Amenities and Investment Opportunities

Capri New Windsor, a vibrant and desirable community, offers an exceptional lifestyle, a robust real estate market, and promising investment potential. With its prime location, family-friendly atmosphere, and abundance of amenities, it’s no wonder Capri New Windsor continues to attract residents and investors alike.

Nestled amidst lush greenery and convenient access to major highways, Capri New Windsor boasts a diverse range of homes, from cozy townhouses to spacious single-family residences. The community’s parks, trails, and recreation areas provide ample opportunities for outdoor recreation and relaxation.

Capri New Windsor

Capri new windsor

Capri New Windsor is a residential community located in the town of New Windsor, Orange County, New York. It is situated approximately 60 miles north of New York City and 20 miles west of Poughkeepsie. The community was established in the early 1970s and has grown to include over 1,000 homes.

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Capri New Windsor offers a variety of amenities to its residents, including a community center, a swimming pool, a playground, and several parks. The community is also home to the New Windsor Recreation Center, which offers a variety of programs and activities for residents of all ages.

Amenities

Capri New Windsor offers a variety of amenities to its residents, including:

  • Community center
  • Swimming pool
  • Playground
  • Several parks

The community is also home to the New Windsor Recreation Center, which offers a variety of programs and activities for residents of all ages.

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Real Estate Market in Capri New Windsor

Capri new windsor

The real estate market in Capri New Windsor is experiencing steady growth, with home prices appreciating at a moderate pace. Sales volume has remained consistent, and the average number of days on the market is relatively low, indicating a healthy market for both buyers and sellers.

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Capri New Windsor offers a diverse range of homes to choose from, including single-family homes, townhouses, and condominiums. Single-family homes are the most prevalent type of property in the community, with a median home price of $850,000 and an average square footage of 2,500 square feet.

Townhouses

  • Townhouses are also a popular option, with a median price of $650,000 and an average square footage of 1,800 square feet.
  • Townhouses offer a more affordable option for buyers who are looking for a spacious home without the maintenance responsibilities of a single-family home.

Condominiums

  • Condominiums are the most affordable option in Capri New Windsor, with a median price of $450,000 and an average square footage of 1,200 square feet.
  • Condominiums are a great option for first-time buyers or those who are looking for a low-maintenance lifestyle.

Lifestyle and Community in Capri New Windsor

Capri New Windsor exudes a vibrant lifestyle and a strong sense of community. Families thrive in this welcoming neighborhood, where neighbors connect and support each other.

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The active neighborhood association fosters a sense of belonging, organizing events and initiatives that bring the community together. From potlucks and movie nights to holiday celebrations and neighborhood cleanups, there’s always something happening to connect residents.

Local Schools

Capri New Windsor is served by the highly regarded New Windsor School District. Students attend New Windsor Elementary School, New Windsor Middle School, and New Windsor High School. These schools offer a well-rounded education, with a focus on academic excellence and extracurricular activities.

Churches and Businesses

Capri New Windsor is home to several churches, providing spiritual and community support to residents. These include the New Windsor Baptist Church, New Windsor Methodist Church, and New Windsor Presbyterian Church.

The neighborhood is also home to a variety of local businesses, including restaurants, shops, and professional services. These businesses contribute to the convenience and charm of Capri New Windsor, providing residents with access to essential goods and services.

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Community Involvement

Capri New Windsor residents are actively involved in local events and activities. They volunteer their time at community organizations, participate in neighborhood watch programs, and support local businesses. This engagement fosters a sense of pride and ownership in the community.

Local Attractions and Amenities: Capri New Windsor

Capri new windsor

Capri New Windsor boasts an array of local attractions and amenities that cater to the diverse needs of its residents and visitors alike. From sprawling parks and scenic trails to bustling shopping centers and delectable dining options, the community offers a vibrant and well-rounded lifestyle.

The community’s proximity to major highways and public transportation ensures seamless connectivity to the surrounding areas, making it convenient to explore nearby entertainment venues and cultural landmarks.

Parks and Trails

  • Capri Park:A sprawling green space featuring playgrounds, picnic areas, and a picturesque pond.
  • New Windsor Park:A popular destination for hiking, biking, and dog walking, with miles of scenic trails.
  • Little Britain Road Trail:A paved trail ideal for leisurely strolls or invigorating runs.

Shopping and Dining

  • Capri Plaza Shopping Center:A convenient hub for grocery shopping, retail therapy, and dining.
  • Windsor Plaza:A vibrant shopping center offering a mix of retail stores, restaurants, and entertainment options.
  • Hudson Valley Mall:A regional shopping destination with over 100 stores and restaurants.

Entertainment and Culture

  • New Windsor Cantonment State Historic Site:A historical landmark that offers guided tours and exhibits on the American Revolution.
  • Cornwall Cinemas:A modern movie theater complex showcasing the latest blockbusters.
  • Orange County Arboretum:A serene botanical garden with diverse plant collections and educational programs.

Transportation

  • Interstate 84:Provides easy access to New York City and other major metropolitan areas.
  • New Windsor Train Station:Offers Metro-North Railroad service to Grand Central Terminal in Manhattan.
  • Orange County Airport:A convenient regional airport with direct flights to several destinations.

Investment Potential in Capri New Windsor

Capri new windsor

Capri New Windsor offers a promising investment opportunity, driven by a combination of favorable factors and long-term growth prospects.

Appreciation Rates

Historical data indicates steady appreciation rates for real estate in Capri New Windsor. Over the past five years, home values have increased by an average of 5% annually, outperforming the national average. This appreciation trend is expected to continue in the coming years, fueled by the community’s strong economic fundamentals and desirability as a residential destination.

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Rental Income

The rental market in Capri New Windsor is robust, with high demand for both single-family homes and apartments. Rental rates have been on a steady upward trajectory, providing investors with the potential for significant rental income. The average rent for a single-family home in Capri New Windsor is currently around $2,500 per month, while apartments rent for an average of $1,500 per month.

Property Taxes, Capri new windsor

Property taxes in Capri New Windsor are relatively low compared to other affluent communities in the region. The effective property tax rate is approximately 1.5%, which translates to an annual property tax bill of around $5,000 for a home valued at $500,000.

This low tax burden makes Capri New Windsor an attractive option for investors looking to maximize their return on investment.

Long-Term Growth Prospects

The long-term growth prospects for Capri New Windsor are positive. The community is strategically located near major employment centers and offers a high quality of life with excellent schools, parks, and amenities. The population of Capri New Windsor is expected to continue to grow in the coming years, further fueling demand for housing and driving property values higher.

Return on Investment

Based on historical data and current market conditions, investors can expect a return on investment (ROI) of approximately 6-8% per year for real estate investments in Capri New Windsor. This ROI includes both appreciation and rental income, making it a potentially lucrative investment opportunity.

Closing Summary

Whether you’re seeking a family-friendly neighborhood, a smart real estate investment, or simply a place to call home, Capri New Windsor has something to offer. Its thriving community, excellent amenities, and promising investment prospects make it a highly desirable destination.

Expert Answers

What is the average home price in Capri New Windsor?

The average home price in Capri New Windsor varies depending on the type and size of the property. However, it generally falls within the range of $300,000 to $600,000.

What types of homes are available in Capri New Windsor?

Capri New Windsor offers a diverse range of homes, including single-family homes, townhouses, and condominiums. The community caters to a variety of lifestyles and budgets.

What are the property taxes like in Capri New Windsor?

Property taxes in Capri New Windsor are relatively low compared to other areas in the region. The exact amount of property taxes you’ll pay will depend on the assessed value of your home.