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101 Elmcrest Drive
About This Property
Located in the sought-after Elm Crest community, set on a quiet cul-de-sac with a private, wooded backyard and no homes directly behind. This 1,733 sq ft home features new hardwood floors throughout the main and upper levels, an updated eat-in kitchen with new dishwasher and breakfast bar, and a spacious living/dining area with deck access for outdoor entertaining. Upstairs offers a primary suite with walk-in closet and new full bath, plus a bedroom-sized den/loft easily convertible to a second bedroom, ideal as a home office, guest space, or growing family's needs. The walk-out lower level adds a family room, workshop, and ample storage, real bonus living space beyond the main two floors. Major systems are all updated: new HVAC (central AC, furnace/heat pump), new hot water heater, newer roof, and gutters. Exterior freshly power washed and the deck newly stained (July 2026), plus fresh paint and landscaping throughout, truly move-in ready. Located in the desirable Wappingers Central School District, minutes from shopping, dining, and a nearby park with playground, pickleball, ball fields, dog park, and trails. Easy access to I-84, the Taconic State Parkway, and Metro-North rail into Grand Central via Beacon station. Low HOA ($275/month) includes a private in-ground pool, grounds maintenance, and snow/garbage removal. A rare combination of privacy, updates, and low-maintenance living in one of Fishkill's most convenient locations.
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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 |
|---|---|---|---|
| Oct 13, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 11, 2026 | Listed by BHHS Hudson Valley Properties | $399,900 | |
| Listed by BHHS Hudson Valley Properties | |||
| Oct 9, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Sep 21, 2026 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
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About Brinckerhoff
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017