3 DUTCHESS DRIVE
About This Property
Welcome to 3 Dutchess Drive! This stunning colonial home is situated on a gorgeous 2 acre lot in the much-sought-after "Woods at Cream Ridge" community. Featuring an amazing floor plan that is suitable for grand entertaining and informal gatherings. Featuring: a welcoming front door with a dramatic two story entrance hall and sweeping staircase with wrought-iron spindles; Inviting great room with high ceilings, and beautiful windows top to bottom. The kitchen offers tons of storage with two pantries; an inviting sunny breakfast area overlooking the beautiful pool; convenient powder room; and a laundry room with ample storage and sink complete the main floor. Upstairs boasts: a luxurious primary bedroom suite with tray ceiling , en suite primary bath which features Jack and Jill sinks with a large soaking tub, and 2 walk-in closets; Three additional well appointed bedrooms: and a hallway bathroom with double vanity and tub/shower. Other Features: A three car garage, 9' Ceilings, second staircase, neutral decor, fenced yard, and Much More! The best of country living located just minutes away from charming downtown Allentown with with lots of shops and restaurants, the NJ Turnpike, and major highways.
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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%.
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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 |
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| Mar 31, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by Keller Williams Premier Office | $1,049,000 | |
| Listed by Keller Williams Premier Office | |||
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Coming Soon listing. Showings begin 10/15
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| Jun 7, 2013 | Sold | ||
| Sold | |||
| Aug 28, 2012 | Listed by Diamond Homes Realty | $670,000 | |
| Listed by Diamond Homes Realty | |||
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Remarkable location and style home with large rooms, 2 story foyer and dual staircases, dramatic 2 story family rm w/extra large windows for sunlight and morning rm with sunny southern direction, Large Island and HW floor, Pantry, Office and huge laundry rm w/separate entrance. Guest BR has princess bath and walk in closet. 2nd flr landing overlooks into the family room. Mst BR has separate sitting rm and master bath w/sep shower and dual sinks. Custom InGround pool with fountain,patio & fence
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| Mar 31, 2012 | Listed by Diamond Homes Realty | $670,000 | |
| Listed by Diamond Homes Realty | |||
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Remarkable 4,500 SF HOME boast 4/5 BR home w/princess Bath,located in the Cream Ridge area Upper Freehold, Near Wineries,Equistrian Estates, Golf Courses. (NYC,Phila,A.C.) Lrg Open 2 Story Foyer w/dual staircase & upgraded HW floors, Stunning All Open 2 Story Famliy Room with Tons of Windows to keep it Bright and Cheery throughout. A Fireplace is the focal point and adds to the dramatic view from the 2nd level.The Grand Morning room adds Elegance while dining in the Cathedral Eating Area and overlooking your Custom I.G. Pool with fountain and a 10 x 10 wading area for Sunbathers & smallones with only but Privacy beyond your View of the 2 Ac back yard. The 5th BR/OFF is on 1st fl w/bay window overlooking the tranquil setting. The Large Laundry room with an additional front door entry makes easy access for everyone and is a unique feature. The Gournet Kitchen is very neutral with a Soft Color Corian including separate desk area and a lrg Tastefully Desinged Island that is perfect for entertaining.3 Car Gar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017