611 Decatur Avenue
About This Property
Tucked into Fort Hill on a sprawling half-acre, this meticulously maintained and thoughtfully updated home is the kind of place that wraps around you the moment you walk in - happy, inviting, and brimming with charm. Step through the front door and you're greeted by a fantastic three-season sun porch, awash in natural light - the perfect first impression and a favorite spot for morning coffee or evening unwinding.
At the heart of the home is a brand-new kitchen built for both function and beauty: stainless steel high-end appliances, quartz countertops, a breakfast bar for casual mornings, and custom cabinetry throughout. A generous work-from-home station tucks seamlessly into the space, making it as practical as it is picture-perfect. Step out from the kitchen onto the large deck, where the backyard becomes an extension of everyday living - perfect for morning coffee, weekend barbecues, or simply soaking in the gardens below.
The living room invites you to slow down, anchored by a wood-burning fireplace and flanked by built-in cabinets - the kind of room made for both quiet evenings and lively gatherings. Just beyond, the spacious dining room charms with period built-in shelving, a nod to the home's rich 1940s character. Renovated bathrooms bring modern comfort without losing that timeless warmth.
With three bedrooms, including the primary bedroom which offers generous proportions, while a walk-up unfinished attic presents wonderful potential for storage or future expansion.
Outside, stunning gardens unfold across the property with four-season plantings and blooms, offering color and beauty in every season on a lot that feels both private and expansive. New windows and a new roof provide peace of mind, while natural sunlight pours through every room.
And the location can't be beat - just minutes to town, the train, and the waterfront, offering easy access to everything Peekskill and the Hudson River have to offer.
A rare find in Fort Hill - meticulously cared for, lovingly updated, and ready to welcome its next chapter.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017