20 Budney Rise
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Compass Greater NY, LLC | $945,000 | |
| Listed by Compass Greater NY, LLC | |||
| |||
|
Perched atop Budney Rise, this chalet-inspired contemporary home offers a private escape with 18 acres of mountains, meadows, and forested trails. The massive wraparound deck is the perfect place to take in breathtaking sunrises, unwind with a morning coffee, or entertain under the stars.
The highlight of the home is the open-concept great room, where soaring ceilings and walls of windows flood the space with natural light. The kitchen—complete with a gas range, island seating, and sliders to the deck—flows seamlessly into an additional sitting/music area, making it ideal for gatherings.
The private primary suite occupies the upper level, offering a peaceful retreat with sunrise views and a spa-like soaking tub to melt away the stresses of the day. On the main level, you’ll find three generously sized bedrooms and a full bath, perfect for hosting family and friends.
While this property is designed for seamless indoor-outdoor living, it awaits your vision to make it truly spectacular. In addition to the spacious living space, the walk-out lower level is partially finished with a custom-built bar, full bath, and ample space—ideal for a guest suite, home gym, or creative studio.
The outdoor features a covered patio with a sunken firepit with custom bench seating & Corten steel firepit/grill. Hardscaped steps & patio leading into private forest trails. Detached two-car garage with a loft—which could be perfect for a home office or guest space and a new woodshed & garbage caddy for easy bin storage and package deliveries. This sale includes a 9 acre lot (bringing total acreage to 17.51 acres) you can walk via trails that the owners created.
Just minutes to the charming village of Cold Spring, where you’ll find artisan shops, incredible restaurants, and some of the best hiking in the Hudson Valley. The year-round farmers market at Boscobel Gardens is a local favorite, and with quick access to Metro-North, Route 9, and the GWB (just 48 miles away!).
| |||
| Aug 10, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017