23
Map
409 Baker Street
About This Property
The property needs some TLC, providing a chance to make improvements over time and benefit from your own sweat equity, whether restoring it to your dream home or renovating it for rental use.
Exterior features include a covered front porch, rear deck, and detached garage. The .10-acre lot offers manageable outdoor space, and the arterial location provides easy access to surrounding services, transit routes, and the broader Poughkeepsie area. Priced at $199,900, this home presents an accessible entry point for investors or buyers prepared to take on a project. Cash or rehab loans only.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by eXp Realty | $199,900 | |
| Listed by eXp Realty | |||
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About Poughkeepsie
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Data Source: OneKey MLS
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