587 Traver Road
About This Property
The property includes two existing single-family residences in need of renovation. Additional land may also be available for purchase, creating the opportunity to assemble approximately 98 acres in total. A rare opportunity to own a substantial piece of Dutchess County with room to create something truly special.
Additional tax parcel numbers included in this listing of approx 50 acres: 134400-6463-03-144186-0000 and 134400-6463-03-210132-0000.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 4, 2026 | Listed by eXp Realty | $699,000 | |
| Listed by eXp Realty | |||
| Jul 27, 2023 | No longer available | - | |
| No longer available | |||
| Mar 28, 2023 | Relisted | $1,100,000 | |
| Relisted | |||
| Mar 17, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2022 | Listed by RE/MAX Town & Country | $1,100,000 | |
| Listed by RE/MAX Town & Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017