9 Garfield Place
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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 |
|---|---|---|---|
| Mar 18, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2023 | Listed by BHHS Hudson Valley Properties | $585,000 | |
| Listed by BHHS Hudson Valley Properties | |||
| | |||
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Great Investment Opportunity - Live in one unit while the other helps pay $$ the mortgage! Here's your chance to own a piece of history in this income generating 1859 4 bedroom Victorian home with separate 2 bedroom accessory apartment nestled on 0.26 acre lot within the esteemed Garfield Place Historical District! Built in 1859, this 4 bedroom Victorian home with separate 2 bedroom accessory apartment nestled on 0.26 acre lot within the esteemed Garfield Place Historical District offers over 4,500 sq. ft. & total of 6 beds, 3 baths, 3 fireplaces and added bonus of 3-bay, 800 sq. ft. carriage house, this unique, rich in history, timeless architectural charm of yesteryear with 2-Bedroom Accessory Apartment providing flexibility for homeowners, whether for multigenerational living, hosting guests, or renting out to tenants. Spacious and sunlit throughout, there's plenty of room for everyone! Nicely renovated with all new kitchens, baths, freshly painted interior/exterior, refinished flooring, new mechanicals and more. Nearby is the renowned Bardavon Theatre, known for hosting a wide range of cultural and artistic events, Metro North, Vassar College & Marist College, the Culinary Institute of America, Vassar Brothers & Mid-Hudson Regional Hospitals, Walk-way over the Hudson, Tennis Club, Waterfront events & restaurants, shopping & farmers markets. 9 Garfield Place is more than just a home; it's a piece of history that offers modern comfort and income potential. Its prestigious location, architectural charm, and proximity to cultural venues and transportation options make it a unique and highly desirable property. Call to schedule an appointment today!
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| Oct 18, 2023 | No longer available | - | |
| No longer available | |||
| Oct 4, 2023 | Listed by BHHS Hudson Valley Properties | $675,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017