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427 Vassar Place
About This Property
Enjoy country club-like living in this maintenance-free living community. Owners only have to shovel their own short level driveway & walkway to front door at Van Wyck Glen. HOA does everything else, including community landscaping, pool, snow removal, including sidewalks.
Striking 2 story entry foyer, open formal living room/dining room. Kitchen offers abundant fine cabinetry with ample kitchen storage. Granite tops, SS appliances. Cooktop located on kitchen island (natural gas). Kitchen is wide open to the breakfast area and beyond to the comfortable family room with fireplace. Laundry room, garage access, and half-bath also on main level.
Large main bedroom/bath suite, with a bedroom size bonus/sitting room within the main bedroom suite (very versatile room for TV, reading, office, nursery, whatever). Bright bathroom offers jacuzzi tub, shower, 2 vanity sinks. Two additional generous size bedrooms and hall bath complete the 2nd floor. The full basement is 2 big open rooms. "Finished storage" area. Toll Brothers installed a basement egress window during construction, anticipating a future owner might want to make it a legal "finished basement" with a necessary Town CO (certificate of occupancy), but current owners didn't need to use this additional space, so they didn't bother to make it Town CO-legal "finished basement".
PERFECT location, 2 miles to I-84, and EVEN CLOSER to Sams, Walmart, medical offices, etc. Historic Main St. Fishkill offers a wide variety of shops/restaurants. Insanely popular Beacon, with many unique-fingerprint type eateries, art galleries, coffee shops, and hiking gems, Mt. Beacon/Breakneck Ridge, is just 1 town over. Metro North Hudson Line is approx. 7 miles from house. House is ready to go.
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Aug 2, 2026 | Price Decreased |
$664,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jul 12, 2026 | Listed by McGough Realty Corp | $669,900 | |
| Listed by McGough Realty Corp | |||
| Jan 9, 2023 | No longer available | - | |
| No longer available | |||
| Jun 17, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017