New home just completed featuring a primary bedroom on the first
level, high-end finishes, and exceptional attention to detail
throughout. The dramatic two-story foyer welcomes you into a
beautifully designed home featuring white oak floors, a gourmet
kitchen showcasing custom cabinetry, quartz countertops, an 8-foot
center island, GE stainless steel appliances, and a walk-in pantry
with custom shelving and cabinetry. The bright and sunny breakfast
space features an entrance to the backyard and paved limestone
patio, perfect for indoor-outdoor entertaining. The family room is
highlighted by a gas fireplace and a dramatic wall of windows with
transoms. The luxurious primary suite features a tray ceiling,
large closet, and bath with double vanity, champagne bronze
faucets, Kohler soaking tub and separate tiled shower.
Upstairs, three additional bedrooms include a private ensuite
with a full bath and walk-in closet, along with a Jack-and Jill
bath serving the remaining bedrooms. The basement features a 9"
poured concrete foundation, rough under slab plumbing for a future
bathroom and egress window, perfect setup for future finishing. The
exterior front elevation features a walnut stained fiberglass front
door with full sidelights, cedar window headers, and cedar post
accents. Hidden Glen is Millbrook's newest luxury community,
featuring eight custom residences set on gorgeous one+ acre, level
tree-lined homesites. Situated just minutes from Millbrook
Village, local shops, and commuter routes, and located within one
of Dutchess County's top-rated school districts. There are other
floor plans and homesites to choose from. All homes are built by
Rieger Homes and built to Energy Efficient High Performance
Building specs.
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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