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561 Route 292
About This Property
No detail has been overlooked in this complete top-to-bottom renovation, which includes a new roof and windows, new HVAC system with AC and heat pump, all-new electric and plumbing, a new water heater-ensuring years of worry-free living, and a new asphalt driveway The finished walkout basement provides additional living or entertainment space, perfect for guests, a home office, or a media room. Every corner of this home reflects high-end finishes and contemporary touches throughout.
Nestled in the scenic Hudson Valley, this property offers the perfect balance of peaceful country living and convenient accessibility. Ideally located near Whaley Lake, Pawling village, and Metro-North train stations, you're just a short commute to New York City while enjoying proximity to major interstates, local shops, dining, and outdoor attractions.
Experience refined living surrounded by the natural beauty and charm of Dutchess County - 561 Route 292 is truly a move-in-ready masterpiece.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017