Beautiful contemporary colonial set on a tree-lined property in the
desirable Van Wyck Glen community in Fishkill. This property offers
single-family style living with the ease of condominium ownership
and low-maintenance convenience. A dramatic two-story foyer
welcomes you to well-appointed living spaces highlighted by custom
moldings, tray ceilings, crown molding, and thoughtfully designs
architectural details. This popular floor plan features wide-plank
hardwood flooring throughout the first level, including a formal
living room and dining room, private study, laundry room, and a
cozy family room with gas fireplace and bay window. The chef's
kitchen offers a breakfast area, center island, granite countertops
and stainless steel appliances. The stunning sunroom features
a vaulted ceiling, skylights, wall of windows, and a sliding glass
door that leads to a composite deck overlooking the lush backyard.
Upstairs, you'll find four generously sized bedrooms, including a
primary suite with double door entry, tray ceiling, sitting area,
large walk-in closet, and a spa-like bath with double vanity,
whirlpool tub, separate shower, and water closet. Prime
location just minutes to shopping, schools, dining, and the Village
of Fishkill Main Street. Easy access to I-84, and the Taconic State
Pkwy. Approximately 55 miles to Manhattan and just minutes to Metro
North with direct service to Grand Central Station.
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.
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