16 Nelson Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by Compass Greater NY, LLC | $725,000 | |
| Listed by Compass Greater NY, LLC | |||
| |||
|
Charming updated Garrison home just steps to GUFS Prek-8 Blue Ribbon School. Lovely flat pasture like sunny 1-acre parcel on a quiet country dead-end dirt road with stream and bonus storage sheds. Move right in or bring your vision and renovate/expand & upsize to create your forever upstate dream home in the heart of much sought-after Garrison NY.
Low yearly RE taxes of only $7,824 (before Star rebate!)
Hardwood floors, quartz countertops, stainless appliances, 3-zone smart thermostats,
smart laundry center, whole house fan, and more. Spacious mud/laundry room, garage, ample storage. Well-landscaped grounds for relaxation and entertainment.
Close to amenities: Garrison Metro North (walkable/bike-able), PreK-8 and Highschool, stores, hiking trails, Boscobel, Cold Spring Village, Highlands Country Club.
Walk out finished basement used as office & gym.
Three choices of high schools - (bus service provided): Cold Spring Haldane, O'neill or Putnam Valley
| |||
| Aug 9, 2016 | Sold | ||
| Sold | |||
| Jan 16, 2015 | Listed by Robert A. McCaffrey Realty Inc | $375,000 | |
| Listed by Robert A. McCaffrey Realty Inc | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Putnam
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,500 /mo
- 1 Bed
- 1 Bath
- 750 ft²
$2,800 /mo
- 3 Beds
- 1 Bath
- 1,836 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017