175 Nevis Road
About This Property
The main level offers a spacious living room, kitchen with dining area and pellet stove, a primary bedroom with ensuite bath, additional bedrooms, and full bathrooms. The walk-out lower level provides additional storage space, along with a plumbed in bathroom that could be reimagined to accommodate a variety of needs.
Outside, the property offers several features that are difficult to find together. A large back deck overlooks the expansive grounds. A second well and irrigation system provide additional utility for the property, and a spring-fed pond sits toward the back of the acreage.
The 3.22 acres provide plenty of room to enjoy the outdoors and explore the possibilities the property has to offer. This combination of land, potential, and location creates an incredible opportunity for someone willing to put in the effort to make it their own.
Located just minutes from Tivoli and convenient to Red Hook, Rhinebeck and Germantown, 175 Nevis Road offers a chance to create a Hudson Valley property with space, privacy, and character in a desirable area.
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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 Serhant LLC | $460,000 | |
| Listed by Serhant LLC | |||
| Sep 4, 2026 | No longer available | - | |
| No longer available | |||
| Aug 13, 2026 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$525,000
↓ $24K
(4.4%) | |
| Price Decreased | |||
| Jul 11, 2026 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017