50
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18 Clove Road
About This Property
The home's classic center-hall layout includes a gracious entryway leading to a formal sitting room, large dining room, a full bath, and two smaller rooms that could serve as guest bedrooms or offices. Three wood-burning fireplaces on the first level add warmth and romance to the spaces. Upstairs, an ensuite primary bedroom with another wood-burning fireplace joins four more bedrooms, three updated bathrooms, and flexible office, studio, or play spaces.
The grounds surrounding the property are ideal for outdoor pursuits. Around the deck and pool, nationally recognized gardens, recognized by the Smithsonian, showcase carefully selected native species, specimen trees, a small garden waterfall, and meandering trails throughout the property. A barn with three garage spaces, plus equipment and firewood storage, provides maximum utility for farming projects. Located in an Agriculture District, the property includes 15 acres of tillable land that currently produces hay and corn by agreement with local farmers. Being sold separately with the property is a one-acre plot containing a cell tower with a lease that generates monthly income.
Recent upgrades include a shake shingle roof, 5kw solar panels, a whole-house generator, a water filtration system, and a freshly repainted exterior. Ideally situated 20 minutes from Albany, 15 minutes from Kinderhook, and 30 minutes from Hudson, the property lends itself to a full-time or weekend home, a farm-and-market operation, agricultural tourism, or a bed and breakfast. Few properties combine three centuries of craftsmanship with modern comfort as gracefully as The Jacob Vosburgh House.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$895,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Houlihan Lawrence, Inc | $945,000 | |
| Listed by Houlihan Lawrence, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017