3889 Route 82
About This Property
This beautifully maintained brick ranch sits on a level one-acre lot just outside the charming Village of Millbrook, a place that feels like stepping back in time. In this close-knit community, neighbors know each other by name, the local school is small and welcoming, taxes are low, and the pace of life brings you back to when things were simpler.
Inside, you'll find easy, one-level living with 3 bedrooms and 2 baths. The home features hardwood floors throughout, a cozy living room with a wood-burning fireplace, and an enclosed porch-ideal for morning coffee or evening relaxation. The spacious eat-in kitchen is filled with natural light and overlooks a private, tree-lined backyard.
Thoughtful updates include:
New Roof & Rafters,
New Central Air Unit with transferable warranty,
Newer 1,000-Gallon Septic Tank,
Updated Electric,
Extra Storage Shed
Well-maintained and regularly serviced systems
Just minutes to the heart of Millbrook's quaint shops, local restaurants, and excellent schools, yet tucked away in a peaceful, private setting. With easy access to commuter routes and everything the Hudson Valley has to offer.
(Some photos are digitally staged.)
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by K. Fortuna Realty, Inc. | $399,000 | |
| Listed by K. Fortuna Realty, Inc. | |||
| Aug 3, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 31, 2025 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017