4 Dewindt Street
About This Property
Discover the perfect blend of nature, history, and modern comfort in this spacious and character-rich home just steps from Beacon's vibrant Main Street. Nestled on a rare third-acre lot, this property offers privacy, stunning views of Mount Beacon, and lush gardens - a true oasis in the heart of the city.
Step onto the expansive mahogany front porch with blue stone steps, stretching the full width of the home - an ideal spot to savor your morning coffee, listen to the birds, or unwind with sunset views.
Inside, you'll be welcomed by a custom wood front door with stained glass windows, opening to a beautifully detailed interior. Throughout the home, you'll find thoughtfully designed custom cabinetry - each piece fabricated by the owner for function and charm.
The large living room features an original decorative fireplace mantel, high ceilings, and bespoke barrister bookcases with glass display cases - perfect for books, music, or art. Floor-to-ceiling glass doors open to the porch, with mature trees providing a natural privacy screen.
A spacious formal dining room boasts an original marble mantel and custom built-ins, flowing into a modern kitchen complete with stainless steel appliances, quartz countertops, a custom spice rack, and shaker-style cabinetry, with serene views of the perennial-filled backyard with fruit trees and flowering shrubs.
A stylish full bath on the main floor features a custom cherry vanity with Tamo ash veneer.
Upstairs, the second floor offers four bedrooms, each with its own character. One includes a built-in maple and mahogany desk, others offer walk-in closets or a stunning custom bookshelf media unit. The upstairs bathroom is spa-like, with a Carrara marble vanity and shower tile, soaking tub with glass door, and built-in glass shelving. A sweet reading nook on the landing, surrounded by windows, completes the upper level.
The lower level, features a private entrance, full bath, and laundry-perfect for a guest suite, home office, or in-law setup. It flows into a separate workshop space adorned with original wainscoting, offering great potential to convert into a cozy family room or bonus area. Interior stairs provide seamless access to the main level. Step outside into a beautifully landscaped yard-your own private retreat in the city. The grounds showcase a variety of apple trees, Kwanzan cherry trees, blooming roses, hydrangeas, Mugo pines, and sea green junipers. A unique outdoor sculpture, titled "Couples", created by a local artist especially for the inaugural Beacon 3D exhibition in 2013, adds a special artistic touch to this garden -all just moments from the heart of city life. Beautiful 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017