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3 Gus Siko Road
About This Property
Inside, the scale is immediately apparent. Three bedrooms, two living rooms, a dedicated office, and a finished lower level create a house with room to actually live. The open kitchen connects directly to the most dramatic room in the house, where vaulted, beamed ceilings rise above a generous living space centered around the fireplace. There is something wonderfully retro about the architecture here, but the feeling is anything but dated.
A second living room creates another completely distinct place to gather, while the private office overlooks the grounds and sits comfortably apart from the main living spaces. Two half baths on this level make the layout particularly practical when entertaining. Downstairs, the finished basement is currently used as a gym, adding even more usable space without asking the main floors to do everything.
Upstairs are three bedrooms and two full baths, including an oversized primary suite with its own private balcony overlooking the property. It's a detail that feels wonderfully unexpected and entirely in keeping with the character of the house.
And then there is the backyard.
Private, mature, and designed for long Hudson Valley summers, the outdoor space centers around a heated inground pool with a new liner. Expansive decking wraps the entertaining areas, with much of it replaced in Ipe, a beautiful hardwood known for its exceptional durability. There is room to swim, lounge, eat outside, have a crowd over, or disappear with a book for the afternoon. Mature landscaping surrounds the property, supported by a full irrigation system, giving the entire backyard a sense of enclosure that is increasingly hard to find.
The current owners have also made meaningful investments in the house, including a brand-new roof, new heat pump, new pool liner, extensive Ipe decking, and a whole-house generator. An attached two-car garage provides additional storage and everyday practicality.
The sale also includes a separately deeded .44-acre parcel, adding another dimension to the property and an additional layer of privacy.
The location makes this an especially interesting Hudson Valley home base. The Culinary Institute of America, Vassar College, the Walkway Over the Hudson, and the Hudson River waterfront are all nearby, along with Poughkeepsie's Metro-North and Amtrak station for an easy connection to New York City. Rhinebeck, New Paltz, and Beacon are all within easy reach.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Listed by Compass Greater NY, LLC | $905,000 | |
| Listed by Compass Greater NY, LLC | |||
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Houlihan Lawrence Inc. | $579,900 | |
| Listed by Houlihan Lawrence Inc. | |||
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Stunning custom built home offering unique design features, gorgeous kitchen, and a totally private outdoor oasis with heated inground pool. You will absolutely love entertaining family and friends here. Nice home office overlooking the beautiful grounds is tucked away creating a quiet work environment. The master bedroom suite is very large with wonderful balcony. There is an irrigation system for the entire property and a whole house generator. Brand new roof. Separately deeded lot (.44 acres) included in this sale. This is truly a home of distinction that words cannot capture, you really must see it. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017