44 Homer Place
About This Property
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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%.
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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.
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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 6, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Relisted | $620,000 | |
| Relisted | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Houlihan Lawrence Inc. | $620,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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"Room to Roam: Cozy 3 bedroom/1.5 bath Plus 9.5+/- Acres of Untapped Opportunity". Welcome to 44 Homer Pl, a lovingly maintained home located near the cul-de-sac in one of the Town of Poughkeepsie's most desirable neighborhoods. Set on a generous 0.43-acre lot with unusual, mature trees and beautiful landscaping, this home offers both privacy and curb appeal. Inside, you'll find a move-in-ready home with 3 bedrooms, 1.5 baths (with the opportunity to turn it back into a full bath), and a versatile den/office perfect for remote work or a cozy reading space. The updated bath and kitchen with beautiful cabinets and TONS of storage, shine alongside a family room addition with beautiful wood-planked cathedral ceilings, which creates the ideal space for everyday living or entertaining with its easy access to the back deck. The expanded dining room opens to a private balcony, providing a wonderful, indoor-outdoor flow for meals and gatherings. Cozy up on chilly evenings inside by the living room's wood-burning fireplace, or relax outside during the nice weather on the back deck overlooking the lush tree-lined yard. A 1-car attached garage adds everyday convenience. Location is everything, and you're just minutes from Greenvale Park, Vassar College, the local farmer's market, the rail trail, hospitals, and restaurants, putting recreation, culture, and dining all within easy reach. Don't miss this rare chance to own a beautifully cared-for home in a very special setting. Interior photos to follow. This inviting 3-bedroom, 1.5-bath residence sits on a manageable 0.43+/- acre homesite, easy to maintain, and perfect for everyday living. But the real story here is what comes next: a short walk down your backyard to a 9.5+/-acre parcel offers a blank slate for whatever you can imagine. Hobby farm, compound, future workshop, garden, or private retreat. The space and the potential are yours to shape. With nearly 10 acres total, this is more than a home; it's an investment in freedom, flexibility, and room to grow. A short paved driveway provides a right-of-way through the Town of Poughkeepsie land. A copy of the easement is available. BUYER/BUYER AGENT TO VERIFY
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017