32 2nd Drive
About This Property
Welcome to this well-maintained home in the highly sought-after Kensington Village co-op community. Offering affordable living with low monthly lot rent, residents enjoy town water, community sewer, weekly trash pickup, road maintenance, and upkeep of common areas. (Owners are responsible for lawn care and snow removal.)
This bright and spacious home features an open-concept layout with 3 bedrooms and 2 full baths, filled with natural light and enhanced by vaulted ceilings in the living and dining areas.
The heart of the home is the nicely updated kitchen, complete with quartz countertops, a breakfast bar, and abundant cabinetry and counter space - perfect for everyday living and entertaining.
The primary suite offers an oversized closet and a beautifully renovated full bath. Two additional bedrooms and a second full bathroom provide flexibility for guests, home office space, or hobbies. Recent updates include new central air unit, new hot water heater, new carpet and hardwood flooring, newer roof, and a storage shed. Step outside to your private rear deck, ideal for relaxing afternoons and summer barbecues. The professionally landscaped yard, highlighted by flowering trees, adds to the home's charm and curb appeal. Conveniently located just 7 miles to the Poughkeepsie train station and approximately 15 minutes to Rhinebeck, with easy access to shopping, schools, and hospitals.
Note: Prospective buyers must complete a Kensington Village residency application and receive co-op board approval prior to contract. Financing is available through First Credit Corp with a minimum 20% down payment required. This home truly sparkles! Easy to show, schedule your private tour today!
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Price Decreased |
$230,000
↓ $7K
(3%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$236,999
↓ $13K
(5.2%) | |
| Price Decreased | |||
| Apr 1, 2026 | Listed by BHHS Hudson Valley Properties | $250,000 | |
| Listed by BHHS Hudson Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017