102 Ferris
About This Property
Welcome to 102 Ferris Lane, a delightful 1927 Cape Cod brimming with character and warmth. Located on the sought-after South Side of Poughkeepsie, this home offers the perfect blend of historic charm and modern convenience.
Step inside to discover stunning 9-foot ceilings that create a bright and airy ambiance throughout the main living spaces. The cozy layout features a first-floor bedroom and bathroom, ideal for extended family or guests. The home's vintage charm is evident in its architectural details, while its functional design ensures comfort and practicality.
Situated in a prime location, you'll enjoy all the benefits of living in Poughkeepsie, with nearby schools, parks, shops, and restaurants. Experience the vibrant lifestyle this area offers, with close proximity to cultural attractions, the Hudson River, and convenient transportation options.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Decreased |
$369,000
↓ $999
(0.3%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed by K. Fortuna Realty, Inc. | $369,999 | |
| Listed by K. Fortuna Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017