151 Bowser Road
About This Property
Generous Acreage & Privacy: Situated on a spacious, private lot surrounded by scenic Hudson Valley greenery, offering peace, quiet, and minimal drive-by traffic.
Outdoor Living Potential: Abundant usable yard space ideal for entertaining, gardening, a patio or deck, outbuildings, or potential pool additions.
Tranquil Country Atmosphere: Enjoy the feel of a quiet rural retreat while remaining just minutes from suburban conveniences.
Location & Commuter Convenience
Easy Highway Access: Conveniently positioned with quick access to major transit arteries, including Route 17 (Future I-86) and Interstate 84, making travel across Orange County and into Northern New Jersey or New York City straightforward.
Public Transit Options: Short drive to the Middletown Metro-North train station and local coach bus terminals for stress-free commuting.
Local Amenities & Services
Shopping & Dining Hub: Located just minutes from the Route 211 commercial corridor, including the Galleria at Crystal Run, major retail centers, grocery stores, and local dining.
Top-Tier Healthcare: Close proximity to Garnet Health Medical Center and surrounding specialty medical facilities.
Recreation & Parks: Quick access to outdoor activities, including nearby golf courses, Highland Lakes State Park, heritage trails, and local farm markets.
Ownership Appeal
Versatile Property Layout: Offers substantial flexibility for family living, home office setups, guest accommodations, and ample storage or workshop space.
Strong Long-Term Value: Well-located in a steadily growing Hudson Valley residential market that appeals to both local buyers and NYC commuters seeking space and tranquility.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017