379 County Route 28B
About This Property
Professionally designed by local interior design, build and restoration company, preserving it's original character details such as wide-plank hardwood floors, built ins, period moldings, and two cozy fireplaces that anchor the main living spaces.
Step into the bright window lined kitchen featuring a large island with seating, stainless steel appliances, original built ins and a breakfast nook. Gather in the spacious dining area, highlighted by a beautiful fireplace. Sip your morning coffee or relax in the evening in the tranquil all season sunroom while overlooking sweeping views of the golf course pond and beautiful sunsets.
The original attached carriage house offers additional recreation space currently occupied by a 4 person infrared sauna with potential for a studio, guest suite, garage, or workshop. Outside, enjoy the spacious open lawns and gather around the stone fire pit. The long oak lined driveway and views of original silos create a picture perfect setting.
With the Olde Kinderhook Golf Course bordering you, Kinderhook Lake just across the street and the Empire State Trail (rail trail) just steps away, you can enjoy year round outdoor recreation such as golfing, biking, walking, hiking, or fishing and boating. Just 10 minutes from Kinderhook, 30 minutes from Hudson, 20 minutes to Chatham or Albany, this property offers both country tranquility and easy access to shopping and restaurants.
This rare Columbia County home is currently a successful short-term rental, the property offers new owners the flexibility to continue its income producing potential, enjoy it as a private family home, or both.
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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