86 Dean Road
About This Property
The main living area is anchored by a dramatic great room with soaring cathedral ceilings, floor-to-ceiling windows, wide-plank hardwood floors, and a striking fieldstone fireplace. An open-concept layout connects the living, dining, and kitchen spaces, creating an easy flow for everyday living and entertaining. A screened porch extends the living space outdoors, while a porch swing beneath the deck overlooks the lawn and surrounding woods.
The upper lofted level features an open primary suite with multiple closets, an updated hall bath and second bedroom with private outdoor deck overlooking nearby ponds. New luxury vinyl plank flooring has been installed in both the bedroom and loft area, adding durability and a fresh modern feel. Additional highlights include a generator for peace of mind, a roof only 12 years young, low property taxes, a covered carport, wraparound decking, and multiple outdoor spaces designed to enjoy the natural setting year-round.
Located in the heart of Putnam County, Carmel offers easy access to New York City via Metro-North's Southeast Station and I-684. Nearby you'll find hiking, lakes, parks, local farms, breweries, and outdoor recreation, including Clarence Fahnestock State Park, Lake Mahopac, and miles of scenic trails. Whether you're looking for a weekend retreat, a creative work-from-home environment, or a full-time residence surrounded by nature, 86 Dean Road delivers a lifestyle that's increasingly hard to find.
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017