4848 Route 44
About This Property
This unique property offers 102 acres of open fields and breathtaking vistas overlooking the Hudson Valley and the Catskill Mountains. At the heart of the land sits a 3-bedroom home along with horse stalls and barns, ready for renovation and new vision.
A long driveway brings you up the hill, where the expansive views unfold-perfect for creating a country retreat, equestrian estate, or private homestead.
With a little TLC, this property has the potential to become a truly remarkable estate in one of the most scenic regions of New York.
An incredible opportunity to bring a beautiful property to the next level.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Increased |
$2,400,000
↑ $2M
(119,999,900%) | |
| Price Increased | |||
| Aug 19, 2025 | Listed by Houlihan Lawrence Inc. | $2 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017