40 Indian Creek Lane
About This Property
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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 |
|---|---|---|---|
| Jul 5, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by Four Seasons Sothebys Intl | $375,000 | |
| Listed by Four Seasons Sothebys Intl | |||
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Welcome to your upstate paradise just minutes from the Village of Rhinebeck. This magnificent parcel, sited at the end of a private road, spans nearly 10 acres of level meadows with mature hardwood trees, dramatic rock formations and your own private, undisturbed creek. Originally part of the 1870s Dinsmore estate, now meticulously prepared for your dream home, this fully-engineered parcel comes with BOH approvals for a 3- or 4-bedroom home, underground electric and driveway. This property possesses a remarkable home site nestled between breathtaking rock cliffs and a year-round babbling brook, an ideal spot for your dream home in bucolic Dutchess County. The blend of tranquility, natural beauty and convenience makes this an exceptional investment opportunity with an unbeatable location just minutes from bustling Rhinebeck, and both the Amtrak station at Rhinecliff and the Metro-North station at Poughkeepsie, and only 90 minutes from NYC.
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| Oct 6, 2023 | No longer available | - | |
| No longer available | |||
| Jul 25, 2023 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017