145 Academy Street
About This Property
This home features spacious living areas with high ceilings, original woodwork, and abundant natural light that flows through its large windows. The generous layout includes a formal dining room, a cozy living room, and five well-sized bedrooms. This property is located in an area with easy access to local amenities. Downtown Poughkeepsie's restaurants, shops, and entertainment venues are just a short walk away. Nearby public transportation and biking options add to the convenience. The kitchen and upstairs bath require a complete renovation. This home is ready for the new owners to add their personal touches. Multi-family potential based on prior additional dwelling unit (ADU), which was previously approved. The city would require new approval. This could be a great winter project. **CASH OR REHAB/RENO Loans required to close** Additional Information: ParkingFeatures:2 Car Detached,
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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 7, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Relisted | $365,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 17, 2024 | Price Decreased |
$365,000
↓ $24K
(6.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017