3 Cloud Street
About This Property
The first floor greets you with a dramatic grand entryway leading to a formal dining room, handsome library, expansive formal living room, sun room, and family room with a fireplace - all anchored by a spacious eat-in kitchen ready for gatherings large and small.
Ascend the impressive staircase to a lavish primary suite featuring a spa-like ensuite bath with whirlpool tub, oversized shower, double vanities, and a bidet. Three additional generously-sized guest bedrooms, a full bath, and a private laundry area complete the second floor.
The third level offers even more possibilities - a fully framed attic with raised ceilings awaits your personal touch, perfect for a studio, gym, or additional living space.
Throughout the home, you'll find soaring 9-foot ceilings, rich mahogany woodwork, custom stained-glass cabinetry, and meticulous architectural details rarely found in today's homes.
Outside, your own private oasis awaits - a luxurious in-ground pool surrounded by manicured lawns and mature trees, offering beauty and privacy in every season.
Lovingly maintained and idolized by many, this home stands as a true cornerstone of Newburgh's historic charm and prestige. Rarely does a property of this caliber and character come to market - don't miss your chance to make it your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017