16 Birch Drive
About This Property
One of the home's most special features is the elevated sunroom-a bright, relaxing retreat surrounded by windows and skylights where you can unwind while enjoying the beautiful scenery beyond. Three comfortable bedrooms and two full bathrooms provide plenty of room, while the finished walkout lower level adds valuable additional living space ideal for a recreation room, teen space, home office, music room or studio.
Outside, the property is just as distinctive. Natural rock formations create a dramatic backdrop, while a generous side lawn and multiple outdoor seating areas provide plenty of options for relaxing, entertaining and enjoying the surroundings without the upkeep of an oversized yard. Beautiful stonework, mature landscaping, a spacious driveway and two-car garage complete the property.
Conveniently located near the Taconic State Parkway and within easy reach of some of Putnam County's best shopping, parks, recreation and everyday conveniences, this is a home that offers much more than first meets the eye. Beautifully maintained, thoughtfully updated and wonderfully unique-come experience the setting, space and views for yourself.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Howard Hanna Rand Realty | $618,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Jul 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 11, 2026 | Relisted | $629,900 | |
| Relisted | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017