63 Montgomery Street
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by BHHS Hudson Valley Properties | $569,000 | |
| Listed by BHHS Hudson Valley Properties | |||
| | |||
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Welcome to 63 Montgomery St, standing picturesquely at the entrance to Poughkeepsie's Southside historic district. Built in 1864, this brick Victorian beauty is an old house lover's dream - full of original charm, elegant proportions and an abundance of space and light. Its exterior immediately impresses with its raised front porch, double doors and slate-tiled mansard roof. Through the stained glass entrance find rich wood paneling, 10 ft ceilings framed by deep crown moldings, pocket doors, and fireplaces in every room - lovely marble mantles in the formal living and dining rooms and a fireplace in the kitchen that was once the butler's pantry. The sweeping hand-carved staircase leads to the upper floors, each containing three bedrooms and a full bath. There are so many beautiful details to be found in original doors with decorative brass and ceramic hardware, warm hardwood flooring, built-in storage, and bedrooms with charming fireplace mantles. The third floor, cozily tucked in the mansard roof, has wonderfully wide floorboards and the original wash sink in the hallway. Don't miss the surprise in the basement - the original kitchen, still intact! All this, plus a sweetly designed backyard, fully fenced in, to enjoy from the back porch. With so much space to offer, the current owner has been using the first floor as a music studio while comfortably living on the second and third floors. Loved and well-preserved, this home is included in architectural walking tours and admired by many for its timeless beauty and undeniable elegance.
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| Dec 14, 2022 | Sold | ||
| Sold | |||
| Nov 22, 2022 | In contract | - | |
| In contract | |||
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017