40 Cardinal Drive
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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%.
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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 |
|---|---|---|---|
| Mar 7, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Listed by BHHS Hudson Valley Properties | $389,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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Nicely remodeled hard-to-find one level Ranch style home in sought after Spackenkill! Welcome to 40 Cardinal Drive where you'll find easy comfortable living in Southgate community offering 3 bedrooms, full bath, on great corner lot with large deck to sit & relax while overlooking your big backyard. Freshly painted, refinished hardwood floors throughout with beautifully renovated kitchen & bath, enter in main level foyer/living room to kitchen/dining with slider to deck, 3 bedrooms & full bath. Lower level basement is large, unfinished. Filled with natural sunlight, convenience of municipal water/sewer, ideally located in the Town of Poughkeepsie & close to everything our beautiful Hudson Valley has to offer with route 9 corider a few minutes away, easy access to commuter routes & trains, shopping, great restaurants, rail trails, walk-way over the Hudson, hospitals & colleges. Ready & waiting for you to just move-in, call today to schedule private showing!
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| Mar 28, 2023 | Sold | ||
| Sold | |||
| Aug 16, 2001 | Sold | ||
| Sold | |||
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About Crown Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017