54 POINT Street
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.
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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | Listed by Compass Greater NY, LLC | $430,000 | |
| Listed by Compass Greater NY, LLC | |||
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Welcome to 54 Point Street—a beautifully updated 1880s cottage located in the heart of the sought-after New Hamburg waterfront community. This inviting 2-bedroom, 1-bath home offers the perfect blend of character and modern updates, featuring wide plank hardwood floors, an open and airy layout, and plenty of natural light throughout.
Enjoy peaceful mornings or relaxing evenings on the welcoming front porch, and make the most of the private, fenced-in backyard—ideal for entertaining, gardening, or unwinding.
Just a short walk to the Metro-North station, this home is perfect for commuters looking for a tranquil retreat with easy access to NYC. You’ll also love being steps from the riverfront and marina, surrounded by scenic views and small-town charm.
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| Apr 18, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 22, 2025 | Listed by Compass Greater NY, LLC | $450,000 | |
| Listed by Compass Greater NY, LLC | |||
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Charming Riverfront Retreat in New Hamburg. Welcome to this stunning home in the highly sought-after New Hamburg riverfront community. Perfectly blending charm and modern convenience, this residence boasts an inviting front porch, ideal for enjoying peaceful mornings or unwinding in the evening. Inside, the open floor plan creates a bright and airy atmosphere, complemented by wide plank floors that add warmth and character. The seamless flow from the living spaces to the private, fenced yard makes it perfect for entertaining or simply relaxing in your own oasis. Located just a couple of blocks from the Metro-North station, commuting to New York City is effortless. Enjoy the perks of waterfront living with the marina and scenic riverfront just steps away. Don’t miss this rare opportunity to own a home in one of New Hamburg’s most desirable locations!
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| Jun 8, 2018 | Sold | ||
| Sold | |||
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About Dutchess
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017