40 COLBURN Drive
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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%.
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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 |
|---|---|---|---|
| Jan 8, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by HOULIHAN LAWRENCE INC. LG | $385,000 | |
| Listed by HOULIHAN LAWRENCE INC. LG | |||
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You will be captivated by the curb appeal of this lovely ranch perched atop a gentle knoll, nestled within lush, mature trees and immaculately maintained by its original owners for 64 years. A beautiful paver walkway leads you to the front door. You will be pleasantly surprised by the open layout of this mid-century ranch. The living room, dining room, kitchen and 4 season room all flow seamlessly into one another. Enjoy morning sun in the living room as it streams in from the large, east-facing, bow window. In the colder months, cozy up in front of a fire. The living room opens to the dining room and offers an ideal layout for entertaining. Whether you are relaxing with family or friends, the 4 season room offers another fantastic space to spread out and relax. From here, enjoy nature and gaze upon the beautiful yard through walls of windows or simply wind down as the sun sets. The dine-in kitchen, another place to congregate, is bright and cheerful and boasts plenty of cabinetry and counter space. Three bedrooms and a tastefully updated, fully tiled bathroom complete the main level. The lower level includes a family room, laundry and loads of storage space. You cannot beat this location. Conveniently located close to the Poughkeepsie train station, shopping, restaurants, hospitals, Vassar College, Marist College, major highways and all that the Hudson Valley has to offer.,AboveGrade:1550,Basement:Garage Access,Interior Access,Below Grnd Sq Feet:1000,Cooling:Ceiling Fan,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ExteriorFeatures:Landscaped,Outside Lighting,Storm Doors,FLOORING:Ceramic Tile,Vinyl,Wood,FOUNDATION:Block,Heating:Gas,InteriorFeatures:Electric Dryer Connection,Electric Stove Connection,Washer Connection,Level 1 Desc:LR,DR,DINE-IN KIT. W/ DOOR TO 4 SEASON RM,3BDRS,FULL BATH,OTHERROOMS:Family Room,Sun Room,ROOF:Asphalt Shingles,Unfinished Square Feet:750
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| Oct 10, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 15, 2023 | Listed by Houlihan Lawrence Inc. | $385,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Property Highlights
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Price/ft²
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About Spackenkill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017