42 Bell Drive
About This Property
The main level features vaulted ceilings, a fireplace, and a bright, open-concept living and dining area that flows effortlessly into a large, well-appointed kitchen - ideal for entertaining or everyday living. The thoughtfully designed floor plan offers separation and privacy, with a generously sized primary suite with en suite bath on one side of the home, and two additional bedrooms and a full guest bath on the other.
Downstairs, a sprawling family room, separate den or office, and a third full bath provide flexible space for guests, work-from-home needs, or multi-generational living. Head back upstairs to the sliding doors that lead to a deck overlooking the pool and 1.5 acres of peaceful, sun-drenched property - perfect for gardening, outdoor play, or simply relaxing in nature.
Set in a quiet neighborhood just minutes from the Mid-Hudson Bridge, Route 9W, and all the best of Highland and New Paltz, this home offers exceptional value, privacy, and lifestyle - whether you're searching for a full-time residence or a spacious weekend retreat.
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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