409 Kautz Road
About This Property
The main living area is open and flowing, with a relaxed seating area on one side where you can kick back and take in the peaceful views over the lovely open field in the front yard. A sliding door invites you out to the large screened-in porch - the perfect spot for morning coffee, summer dining room or an evening wind-down.
On the other side, the dining area and kitchen work beautifully together as an entertainer's dream. With a Frigidaire range at the helm, you'll have no trouble hosting jovial dinner parties while guests admire your cheffing skills. A generous built-in storage wall anchors one end, doing double duty as a well-organized pantry.
The first bedroom is conveniently located on this level, and shares a stylish jack-and-jill bathroom, glass enclosed shower, charming hexagon-tiled floors, and classic subway tile walls.
Upstairs, a versatile landing offers real potential - whether you envision a home office or a third bedroom is entirely up to you. Built-in storage and closet space make it practical either way. The second bedroom is a true retreat, featuring soaring vaulted ceilings, two skylights that flood the space with natural light, a closet, and a private en-suite bathroom with a walk-in shower.
The basement rounds out the home beautifully. Gather for movie nights in the cozy den, keep laundry tucked away with the washer/dryer, and take advantage of the overflow sleeping area for guests. The unfinished portion offers substantial storage space, with a Bilco door providing convenient backyard access - and a half bath completes the level.
Step outside and the wraparound deck and screened-in area truly impress - built with mahogany, one of the most durable and premium decking materials available.
The 5.65 acres offer the best of both worlds: a peaceful wooded area and a flat, open grassy field. The long, tree-lined driveway sets the tone perfectly - every arrival home feels like a small event.
The location is hard to beat. Seminary Hill Cidery, celebrated for its award-winning cider, stunning views, and excellent dining, is just a 5-minute walk away. A 2-minute drive brings you into the heart of Callicoon, where you'll find beloved restaurants like Black Walnut and The Creek House Grill, an art deco movie theater, the charming Callicoon Wine Merchant, gourmet spots like Spruce and Callicoon Pantry, exceptional bread from Roger That, and the region's finest farmers market. Kayak, fish and swim on the Upper Delaware River, with multiple access points near town.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017