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8 Garfield Place
About This Property
With approximately 4,831 square feet, three levels, 8 plus bedrooms (tax indicate 6), 6 baths (3 full 3 half), a spacious kitchen with cherry cabinetry, granite countertops and multiple work areas, plus a butler's pantry, the possibilities are extensive. A full basement, detached garage, private yard, and rooftop garden area with views add even more potential. Recent improvements provide a foundation for the next chapter, while the property's historic details invite thoughtful restoration.
Whether envisioned as a magnificent private residence, a thoughtfully restored historic property, or another permitted use subject to municipal approval, 8 Garfield Place is an extraordinary opportunity to bring a landmark-quality home back to its full glory.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Listed by Houlihan Lawrence Inc. | $575,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Mar 12, 2022 | Listed by RE/MAX Town & Country | $399,000 | |
| Listed by RE/MAX Town & Country | |||
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Tall and stately, this old charmer is patiently waiting to be loved & restored, albeit a few modern improvements recently added could use some finishing touches. Located in the Historic District of Poughkeepsie, this home is already a member of the National Registry of Historical Homes. Just anticipating that savvy, discerning buyer who will honor & preserve this Victorian beauty. Incredible & classic details throughout the home need to be seen to be appreciated: 3 floors & a glass enclosed cupola, 9BRs, an enormous kitchen w/ cherry cabinets, granite countertops & multiple work & cooking stations, a butlers’ pantry, gorgeous hardwood floors (some w/ inlays), 4 working fireplaces, gracious curved staircase, plaster walls, 12ft ceilings, triple crown moldings, a linen press, French & pocket doors w/ original hardware, private yard, a roof-top would-be garden, and a whole-house basement. Price includes pre- approved plans for an exterior renovation that meets historic requirements. Additional Information: ParkingFeatures:3 Car Detached,
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| Oct 1, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by RE/MAX Town & Country | $375,000 | |
| Listed by RE/MAX Town & Country | |||
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017