406 Shunpike
About This Property
This iconic Civil War-era home stands as a crown jewel among Hudson Valley estates-gracious, timeless, and exquisitely sited to capture sweeping views of the Catskills and the Hudson Valley. With newly cleared view sites and meandering trails, the property opens to a world of natural dynamism, making it uniquely suited for a multi-generational compound or a private retreat of exceptional caliber.
The estate residence features 8 bedrooms and 10 bathrooms, with grandly proportioned public rooms, soaring ceiling heights, and cozy, intimate spaces that invite relaxation and gathering. The chef's kitchen, open to a warm and inviting family room with a wood-burning fireplace, is perfect for daily living and entertaining alike. French doors lead to a wide veranda ideal for alfresco dining and sunset views.
The primary suite offers a true retreat with its own fireplace, two walk-in closets, and dual en-suite baths. The second floor includes four additional bedrooms, multiple bathrooms, and a private guest seating area. South-facing rooms enjoy access to private terraces with breathtaking views. The third floor boasts two more guest rooms, each with en-suite baths.
The property is designed for recreation and entertainment on every level:
• Heated Gunite pool
• Tennis and basketball courts
• Fitness center
• 16-seat movie theater with concession stand
• Rustic yet elegant party barn.
Ideally located in the heart of the Millbrook Hunt Country, just 90 minutes from New York City and minutes from the charming village of Millbrook, the Linley House Estate offers a rare blend of historic prestige, natural beauty, and modern lifestyle.
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Cap Rate Calculator
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 30, 2026 | Sold | ||
| Sold | |||
| Jun 6, 2026 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Listed by Houlihan Lawrence Inc. | $8,800,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jan 4, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017