48
Map
1301 County Route 7
About This Property
Built in 1901, this home exudes historic charm with original details, including a rocking-chair porch, gleaming hardwood floors, intricate moldings, porcelain door knobs, and an ornamental fireplace that anchors the living space. The property offers flexibility as a primary home with live-work space, and rentable capabilities including a separate guest suite and carriage studio.
The current layout offers three bedrooms and two baths, complemented by an adjoining guest suite with its own entrance. This configuration provides flexibility for a private rental and can be reimagined to include a first-floor primary suite if desired. The property also features a two-story street frontage carriage studio-formerly a gallery and cobbler's workshop-offering endless possibilities as an office, studio, or creative business space with commercial potential. Ample on-site parking increases practicality.
The grounds are a gardener's dream, featuring perennial plantings and charming hardscaping that enhance the property's natural beauty. An original outhouse adds a whimsical touch, now serving as a quaint potting shed. Perfect for artists, makers, and entrepreneurs, this unique property blends historic charm with modern adaptability. It's conveniently located just 10 minutes from the Taconic Parkway, steps from the beloved Ancram Little Store, 25 minutes to Hudson, and 15 minutes to both the Connecticut and Massachusetts borders.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Relisted | $585,000 | |
| Relisted | |||
| Oct 2, 2025 | Price Decreased |
$545,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017