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39 Gilbert Lane
About This Property
Discover the perfect blend of privacy, comfort, and convenience in this inviting ranch-style home, nestled on approximately .75 acres on a peaceful cul-de-sac. Filled with natural light, the home features spacious living areas and a large picture window framing beautiful views of the surrounding trees. Offering three main-level bedrooms, an additional lower level bedroom, 2 full baths, and versatile finished basement space ideal for a recreation area, home office, guest space, or other needs, plus a separate storage room. Step outside to your private expansive backyard deck and seasonal above-ground pool, perfect for relaxing, entertaining, or simply enjoying nature. Additional highlights include updated premium vinyl siding with newly blown insulation, built-in roofline and front-step lighting with multiple color options, central air conditioning, two heating options - Bosch NYSERDA certified air sourced heat pump for heating and cooling, plus oil option available, a 1-car garage, and ample off street parking; Energy Star qualified - black stainless steel appliances, LED recessed lighting, and an updated bathroom with Jacuzzi tub and heated floors.
Enjoy the tranquility of this semi-secluded setting without sacrificing convenience! Just 3–5 minutes to Putnam Valley Schools, Town Park, and Library; 9 minutes to Lake Oscawana; and 22 minutes to Lake Mahopac. Explore seasonal farmers' markets, fairs, and community events in and around Putnam Valley, along with shopping and dining in nearby Yorktown, Peekskill, and charming Cold Spring, known for its boutiques and antique shops. Approximately 15 minutes to Jefferson Valley Mall, Cortlandt Shopping Center, and the Taconic State Parkway; 20 minutes to Fahnestock State Park hiking trails; 25 minutes to the Bear Mountain Bridge; and just over an hour to NYC.
A wonderful place to call home!
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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.
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017