3 Bills Lane
About This Property
Located on a desirable, established side street ending in a cul-de-sac, this property offers the perfect combination of privacy, space, and convenience. The generous front and backyard provide plenty of room to enjoy the outdoors, while the wooded surroundings create a natural sense of seclusion. A welcoming covered front porch and rear deck further extend the home's living and entertaining space.
Inside, the main level features a bright, fully open-concept layout designed for today's lifestyle. The spacious kitchen is centered around a large island and features a walk-in pantry, abundant cabinetry, and generous counter space, flowing seamlessly into the dining and living areas. Large windows throughout bring in natural light and take advantage of the surrounding scenery and mountain views. A mudroom, half bath, additional storage, and an attached 24' x 23' two-car garage complete the first floor.
Upstairs, the primary suite features a walk-in closet and private ensuite bath. Three additional spacious bedrooms offer flexibility for family, guests, or a home office and share a well-appointed full bath. A conveniently located second-floor laundry room adds to the home's functional design.
The full basement provides excellent storage and additional potential for future finished living space. Built with modern construction standards, current finishes, and today's most desirable features, buyers will also have the opportunity to work with the builder on available selections and personalize certain finishes to make the home their own.
Ideally located in the heart of the Hudson Valley, just minutes from Route 9W and other major roadways, the property offers convenient access to shopping, dining, recreation, and surrounding towns. Enjoy everything the region is known for, including apple orchards, wineries, distilleries, farm-to-table restaurants, local farms, hiking, and seasonal attractions. New Paltz, Kingston, Beacon, the Newburgh Waterfront, Mohonk Preserve, and Minnewaska State Park are all within easy reach.
A wonderful opportunity to own a brand-new home offering modern comfort, privacy, acreage, mountain views, and the Hudson Valley lifestyle in a beautiful established residential setting.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Listed by eXp Realty | $695,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017