54 FOURTH Drive
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by BHHS Hudson Valley Properties | $209,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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ACCEPTED OFFER 11/5. Welcome to this well- maintained home located in the sought-after Kensington Village. This lovely co-op community offers affordable lot rent, which includes town water, community sewer, weekly trash pickup, road maintenance and upkeep of the common areas. Owners are responsible for their lawn care and snow removal.This spacious and sunny open floor plan provides 3 bedrooms and 2 full baths.Inside you will love the roomy country kitchen with breakfast bar, ample counter-space and cabinetry. The living room and dining area are enhanced with vaulted ceilings and plenty of natural light. Step outside and enjoy your afternoons and barbecues on your sizable rear deck.
The primary suite includes an over-sized closet and full bath. Two additional bedrooms and bathroom complete the package. There is a handicap accessible ramp entrance from driveway. UPDATES include, New Roof 2023, New AC Unit 2021, New Hot Water Heater 2022. Shed.
Prospective buyer must submit a Kensington Village residency application for co-op board before contracts will go out. Conventional financing does not apply. First Credit Corp will finance. 20% down - payment required because it was built prior to 1995.
Easy to show-schedule your private tour today.
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| Apr 1, 2021 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by BHHS HUDSON VALLEY PROPERTIES RD | $139,900 | |
| Listed by BHHS HUDSON VALLEY PROPERTIES RD | |||
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Well cared for 3 bedroom home with open floor plan and vaulted ceiling. Deck off dining room sliders that wraps around side with wheel chair ramp that leads to blacktop driveway. All appliances are included. Lot rent includes town water, sewer for community, garbage service. And community snow plowing. Just move it and call this place home.,FLOORING:Vinyl,ASNFENCLDS:Mobile Home Park Fees,Accounting/Legal,Management,ExteriorFeatures:Landscaped,Storm Doors,InteriorFeatures:Electric Dryer Connection,Sliding Glass Doors,Electric Stove Connection,Washer Connection,Level 2 Desc:ATTIC,HandMod:Yes,Level 1 Desc:LIV RM, DIN RM, EIK, 3 BDRS, 2 FULL BATHS,ROOF:Asphalt Shingles,FOUNDATION:Slab,Block,AboveGrade:1248,OTHERROOMS:Formal Dining Room,Laundry/Util. Room,Other School:LOURDES,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017