8 Dutchess Cove
About This Property
Step inside, to a lovely tile floored foyer, guest room and half bath, go up a step to newly finished wood floors throughout and open dining and kitchen areas.. A fabulous great room with a wood burning fireplace and built in bar, and a warm sunroom attached. .Upstairs is the large master bedroom and bath overlooking the lake , captivating views. and another bedroom and full hall bath. .Great commuter location....approximately 60 miles to NYC, very close to I-84 and Metro North Railroad...Taxes do not reflect STAR. Don't miss out on owning your own piece of paradise. Book your appointment today Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed by Houlihan Lawrence Inc. | $1,725,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| |||
|
Imagine lake views from every window in the house. This contemporary home is perfectly situated on a peninsula in beautiful Lake Dutchess. Enjoy swimming, skating, kayaking and a private beach. The modern architecture, attention to detail and well thought out floor plan truly make this a one-of-a-kind home. The .45 acres offer privacy from neighbors when entertaining on one of many decks or enjoying conversation around a night-time fire pit. This home was tastefully renovated in 2021 with every modern amenity for an energy efficient home. As you enter the great room, your eye is drawn to the wall of glass overlooking the lake. The glass walls are highest rated "Origin" glass and were built to reflect the heat in the summer and absorb the heat in the winter. They are storm proof and 0.28 U factor. There is radiant heating throughout the entire house, which minimizes the utility usages. Each bathroom has its own electric heating control for your own unique experience. The pre-engineered 8in planked white oak floors are consistent throughout the house. A stylish, highly efficient N65 wood burning stove not only looks great, it adds additional heat on those cold winter days as you snuggle up and gaze out onto the snow-covered lake. Tesla car charging is available in the garage. The house lives larger than a 3-bedroom home and can easily be transformed for more overnight guests. This house also generates an income and pays for itself as an established Air B&B.
| |||
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 4, 2025 | Price Decreased |
$1,750,000
↓ $100K
(5.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017