16 scott Drive
About This Property
Welcome to this wonderful home in a great Southern Dutchess location. Close to shopping and all major roadways including Rt 9,I-84 and the Taconic state parkway just 7 short miles to the New Hamburg train station. This home features 3 spacious bedrooms, 1 full bath, formal living room with wood burning stove, formal dinning room, eat-in-kitchen, and fantastic screened in porch with vaulted ceiling that leads out to multi level decking. The lower level offers a family room with brand new carpet a private office space, half bath and laundry area that leads into a spacious 2 car garage. This home sits perfectly on a level 1.13 acres. There is no need to worry this home has town water & sewer and gas heat. Some updates include new roof 8/2021, Boiler and hot water heater approximately 5 years old, updated kitchen and some new windows. This home is just waiting for you to come and make it your own. Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | In contract | - | |
| In contract | |||
| Sep 16, 2021 | Listed by RE/MAX Town & Country | $359,000 | |
| Listed by RE/MAX Town & Country | |||
| Jul 22, 2014 | Sold | ||
| Sold | |||
| Apr 21, 2014 | Listed by RE/MAX Town & Country | $235,000 | |
| Listed by RE/MAX Town & Country | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017