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Map
3 Spring Street
About This Property
This stunning 5-bedroom, 1-bath home, built in 1900, sits proudly on a 1.13-acre corner lot with breathtaking water views - just a stone's throw from the Chelsea Yacht Club. Steeped in history and timeless craftsmanship, this Hudson Valley treasure offers the perfect blend of old-world charm and thoughtful updates that honor its character while adding peace of mind for today's homeowner.
Recent improvements include a -new roof, windows, furnace, stainless steel chimney liners (on both chimneys), water heater, and a 1,000-gallon septic tank. The property also offers access to hook up to town water, giving you flexibility for the future. These updates ensure comfort and reliability while preserving the home's authentic appeal.
Inside, you'll be greeted by original hardwood floors that flow throughout, pocket doors, a fireplace, and built-in corner cabinets in the dining room - true hallmarks of early 20th-century design. The oversized closets and spacious rooms add functionality rarely found in homes of this era.
Enjoy every season from the wraparound porch, where you can relax and take in sweeping views of the Hudson River - watching sailboats glide by and sunsets dance over the water. Dormer windows in the attic capture even more of the spectacular scenery, offering a peaceful perch above it all.
Located just minutes from both the Beacon and New Hamburg train stations, this home offers convenient access to NYC while providing the serenity and charm of Hudson Valley living. Whether you're drawn to its history, its craftsmanship, or its riverside setting, 3 Spring Street is a rare opportunity to own a piece of the Hudson River's story.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 29, 2025 | Listed by K. Fortuna Realty, Inc. | $599,000 | |
| Listed by K. Fortuna Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017