44 Paglia Drive
About This Property
Inside, generously sized living spaces provide plenty of room for everyday living and entertaining. The kitchen flows into the dining room, creating a comfortable gathering space for meals and celebrations. A first-floor bedroom and full bathroom offer an excellent option for guests, extended family, a private office, or multigenerational living.
Upstairs, you'll find additional spacious bedrooms, including a comfortable primary suite with its own private bathroom. The full unfinished basement offers tremendous potential, while the attached two-car garage provides added storage and everyday convenience.
Outside, two private acres give you room to entertain, garden, play, or simply enjoy the peaceful surroundings.
Located in the Minisink Valley School District, the property combines a private country setting with convenient access to Middletown's shopping and dining, the Route 211 retail corridor, medical services, major commuter routes, and the Otisville train station. This home delivers an impressive combination of space, acreage, flexibility, and value.
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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 |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by KW Hudson Valley United | $625,000 | |
| Listed by KW Hudson Valley United | |||
| Aug 4, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | In contract | - | |
| In contract | |||
| Jul 28, 2021 | Relisted | $549,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017