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38 W Taconic Road
About This Property
Step inside to discover an inviting interior featuring a beautifully updated kitchen with granite countertops and stainless-steel appliances, a formal dining room, cathedral ceilings, and multiple living areas that provide flexibility for relaxation, gatherings, or working from home. Two fireplaces, one on each level, create warm and welcoming spaces, while the finished lower level offers additional room to spread out, complete with convenient access to the backyard, and separately zoned heating.
Thoughtful improvements include updated bathrooms, newer windows, designer lighting, and a newer central air conditioning system with a heat pump, providing additional heating flexibility alongside the existing oil heating system.
Outside, discover your own private retreat! The expansive, mostly fenced backyard features multiple entertaining areas, an outdoor fireplace, and generous space for gardening, recreation, and outdoor gatherings. The right side of the house offers additional land that can be used for recreational space while entertaining guests. A charming wrought-iron gazebo adds character to the side yard, while the oversized, heated two-car garage and widened driveway with parking for multiple vehicles provide exceptional convenience.
Enjoy the peaceful surroundings of the Hudson Valley without sacrificing accessibility. Located just minutes from the Taconic State Parkway, this property offers convenient access to shopping, dining, recreation, and commuter routes.
With its distinctive brick exterior, flexible living spaces, extensive outdoor amenities, and convenient location, this home at 38 W Taconic Road offers a wonderful opportunity to enjoy Hudson Valley living. Schedule a showing, home is priced to sell, providing new buyers with an exceptional value!!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2026 | Listed by Real Broker NY LLC | $499,900 | |
| Listed by Real Broker NY LLC | |||
| Oct 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 22, 2026 | Price Decreased |
$537,500
↓ $22K
(3.9%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$559,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Exit Realty Connections | $575,000 | |
| Listed by Exit Realty Connections | |||
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Welcome to 38 West Taconic Drive, a rare brick corner lot charmer in the desirable Hillside Lake neighborhood of Wappingers Falls, offering its next owner the best of both worlds: quiet country living with less than a five minute drive to the Taconic State Parkway. Impeccably maintained by its current owners, the home offers three bedrooms and baths, a formal dining room and multiple living areas, including a bonus room that opens to the yard. Two fireplaces, one on each level, add to further warmth and charm. The home features a modern kitchen, updated baths, yet retains its rustic charm throughout, paying homage to its country roots. The home boasts new central air with a heat pump, offering electric or oil heating options, quality designer lighting throughout the home. which will transfer with the sale, newer, updated windows & septic system. Outside, the backyard is an entertainers'paradise: the fenced in back yard is divided into multiple outdoor entertaining spaces and comes complete with an outdoor fireplace and raised deck to be converted to accommodate the many visitors who will flock to your home. The recently paved driveway has been widened allowing parking for 8 cars, in addition to the oversized garage two car garage. The side yard is approximately 3,000 sq/ft and features a highly sought-after wrought-iron courtyard gazebo. The yard is 3/4 fenced in. This space can easily become he wildflower garden of your dreams, the largest vegetable garden in town, or a place to park your RV or boat. Pictures do not do this property justice. Book your appointment today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017