40 Half Moon Drive
About This Property
At the heart of the home, a custom eat-in kitchen opens directly to an elevated deck overlooking the pool, creating a natural extension of the living space for outdoor dining, entertaining or simply taking in the surroundings. Comfortable living areas continue throughout the home, while the primary ensuite features a walk-in closet and generous private bath.
A full walkout basement provides additional partially finished space with flexibility for recreation, a home office, hobbies, storage and more. Energy-conscious features include solar panels and a new on-demand zoned heating system, adding modern efficiency to this classic Colonial home.
Conveniently located near Route 32 and Route 23, with easy access to Catskill, Windham and the Catskill Mountains. Skiing, hiking, golf, dining, shopping and year-round outdoor recreation are all found throughout the surrounding region. With its in-ground pool, custom kitchen, walkout basement, solar energy features and inviting indoor-outdoor spaces, 40 Half Moon Drive offers a distinctive opportunity in the Hudson Valley and Northern Catskills.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Listed by Century 21 New West Properties | $579,000 | |
| Listed by Century 21 New West Properties | |||
| Sep 8, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017