7 Taft Place
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.
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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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Relisted | $899,000 | |
| Relisted | |||
| Oct 4, 2023 | Listed by Corcoran Baer & McIntosh | $899,000 | |
| Listed by Corcoran Baer & McIntosh | |||
| | |||
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MILLION DOLLAR VIEWS - A once in a lifetime opportunity to covet the most iconic Hudson River panorama is in now available and within reach. Brilliantly situated at a strategic bend in the river with sweeping views north towards the picturesque Newburgh-Beacon Bridge and across of the Hudson Highlands State Park. Located in the enchanting Village of Cornwall-on-Hudson, NY, 7 Taft Place not only offers dramatic views of the Hudson River, Storm King Mountain and Hudson Highlands State Park but also provides walkable access to hiking trails and a well established community with award winning schools. Nestled within a welcoming manicured neighborhood, this sunny home offers the opportunity to walk to town, hop on world class hiking trails and enjoy the Hudson River landing for kayaking, boating and fishing. Built for entertaining with an open family room and kitchen with easy access to abundant outdoor space entertaining to share the jaw dropping lanscape throughout the vibrantly changing seasons. In addition to two covered porches and an expansive patio, there is plenty of room to install an inground pool with river views. Located within the Cornwall Central School District and within minutes to West Point, Storm King Art Center, the Newburgh Waterfront, Dia Beacon and Woodbury Common Premium Outlets. Easy access to major highways, Pallisades Parkway and public transportation to NYC. This is a special opportunity that can be yours.
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| Jul 23, 2004 | Sold | ||
| Sold | |||
Property Highlights
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Price/ft²
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About Cornwall-on-Hudson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017