22 Milton Turnpike
About This Property
While the property is in need of vision and renovation, the possibilities are truly endless. Restore the historic charm and create a one-of-a-kind residence, launch a boutique bed and breakfast, an artist retreat, or explore short-term rental options (with town approval). With strong demand for unique accommodations and authentic Hudson Valley experiences, this property offers incredible potential for those looking to invest and build
Conveniently located just 5 minutes to the Mid-Hudson Bridge and Metro-North Railroad, and only 10 minutes to Route 84, the property offers quick access to New York City and the surrounding region - making it attractive to both weekenders and long-term residents.
This property provides the perfect canvas for a transformation that both honors the past and captures the future. If you're looking for a rewarding project in a storybook setting with tremendous upside potential, this is it. Bring your imagination and breathe new life into this hidden gem!
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed by eXp Realty | $200,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017