Lot 1 Michaels Lane
About This Property
3,000 SQFT of living space welcomed by a full rocking chair front porch and double doors and into the foyer area. First floor features a formal
dining room, powder room, open concept living throughout the kitchen, breakfast nook and family room centered around the gas fireplace.
Second floor has an expansive primary en suite complete with custom tile surround shower, soaking tub and double vanity, princess suite with
full bath and walk-in closet, 2 other well sized bedrooms sharing a full bath with double vanities and spacious second floor laundry room.
Generous builder specs allow you to design your custom chefs kitchen, pick out countertops and all other interior and exterior options making it
your own. Oak floors throughout all common areas, dual zoned climate control with central air and high efficient furnaces and propane fire stand
alone water heater. Full unfinished basement with almost 1400 SQ FT, 8' poured concrete walls making it an amazing future "lower level" for a
gym, play area, golf simulator, den/bedroom and wet-bar. Sky's the limit! Located just Route 55, shopping, dining, and schools, this home offers the perfect balance of privacy and accessibility. Come see all that the Hudson Valley has to offer! TOTAL OF 3 1.75 ACRE LOTS ALL WITH TOWN WATER! **PHOTOS SHOWN ARE RENDERINGS WITH OPTIONS**
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Listed by KW MidHudson | $879,000 | |
| Listed by KW MidHudson | |||
| Dec 4, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017