46 Kensington Lane
About This Property
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Price Decreased |
$649,000
↓ $26K
(3.9%) | |
| Price Decreased | |||
| Jun 7, 2024 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by eXp Realty | $699,000 | |
| Listed by eXp Realty | |||
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Welcome to this magnificent Colonial nestled in the desirable Stratford Farms development of Poughkeepsie, within the Arlington School District. This home exudes charm and elegance, boasting a covered front porch perfect for leisurely mornings and evening relaxation. Step inside to discover a main level designed for modern living. The open concept layout seamlessly connects the entire first floor. Enjoy a bright and sunlit living room, plus the family room features a cozy fireplace and vaulted ceilings that create an airy and inviting atmosphere. The formal dining room is ideal for hosting dinner parties and special occasions. There is also a lavatory for convenience. The kitchen is a chef's dream, with ample cabinet space, sleek quartz countertops, a center island for casual dining, and sliding glass doors that lead to a large deck. From here, you can enjoy breathtaking views of the beautifully landscaped and manicured property. Upstairs, the second floor offers a serene retreat. The Master Bedroom is a private oasis with an ensuite bathroom, providing a spa-like experience. Three additional spacious bedrooms and a hall bathroom ensure everyone has their own space. A convenient laundry room on this level adds to the home's functionality. The full basement offers endless potential for customization with high ceilings, an egress window and nearly 1,300 sq ft of additional space, it's perfect for a home gym, entertainment area, or in-law suite. The attached 2-car garage provides ample storage and convenience. This home combines the luxury of new construction with the ease of a move-in ready property. Don't miss the opportunity to own a piece of paradise in Stratford Farms.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017