29 Red Barn Road
About This Property
The partially finished basement provides added functionality with a workbench, laundry, dry bar, and Bilco doors leading to the backyard. New water heater. Outside, you'll find a storage shed, a covered back patio, plenty of outdoor electric outlets, 2 driveways, and a filled-in inground pool area that could be reimagined as a patio, garden, or outdoor entertaining space.
Conveniently located near local schools, parks, shopping, restaurants, and major commuter routes, this home offers both potential and practicality. It's just a short drive to Marist College, the Culinary Institute of America, and the scenic Hudson River. Sold as is, the seller will make no repairs. Perfect for investors, first-time buyers, or DIY enthusiasts looking for a property with character and room to grow in desirable Hyde Park.
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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 |
|---|---|---|---|
| Feb 4, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by K. Fortuna Realty, Inc. | $290,000 | |
| Listed by K. Fortuna Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017