25 Pine Echo Drive
About This Property
Nestled on a quiet dead-end street in the Hyde Park School District, the property is situated on a .46-acre lot, with room for expansion or outdoor amenities. The home also features a sun porch and a workshop room, adding versatility to its layout.
Sold "as is, where is", this home requires substantial renovation but holds promise for those with a vision to revitalize its charm.
Explore the possibilities that await with this investment opportunity in a prime location. Schedule a viewing today and envision the future returns of 25 Pine Echo Drive. Additional Information: HeatingFuel:Oil Above Ground,
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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 22, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by eXp Realty | $315,000 | |
| Listed by eXp Realty | |||
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Ideal for savvy investors seeking a promising renovation project, this property presents a lucrative opportunity just half a mile from Dutchess County Community College. With 4 bedrooms, 2 baths, and over 2000 square feet of space, this home offers ample potential for transformation into a profitable student rental or resale venture. Nestled on a quiet dead-end street in the Hyde Park School District, the property is situated on a .46-acre lot, with room for expansion or outdoor amenities. The home also features a sun porch and a workshop room, adding versatility to its layout. Sold "as is, where is", this home requires substantial renovation but holds promise for those with a vision to revitalize its charm. Explore the possibilities that await with this investment opportunity in a prime location. Schedule a viewing today and envision the future returns of 25 Pine Echo Drive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017