68 Gerald Drive F2, Poughkeepsie, NY 12601
Two bedroom condo with Hudson River views and updates.
- Added:
- Oct 18, 2024
- Days on Market:
- 626
- Last Refresh:
- May 20 at 2:12 am
Property Features for 68 Gerald Drive F2
General Information
- Standard status
- Active
- Size
- 992 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1989
Listing office Houlihan Lawrence Inc. (845) 282-1749
Listing date Oct 18, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Houlihan Lawrence Inc.
HighLights
- Breathtaking Hudson River views from every window.
- Easy commute to NYC via walking distance to Metro North.
- Updated kitchen with stainless steel appliances and granite countertops.
- Large bedroom with walk‑in closet.
- HOA includes heat, hot water, and maintenance.
- Close to parks, shopping, Walkway over the Hudson, hospitals, restaurants, Vassar, Marist and the Culinary.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $32.88 |
| − Vacancy | −$1.6k | −$1.64 |
| EGI | $31.0k | $31.24 |
| − OpEx | −$13.9k | −$14.06 |
| NOI | $17.0k | $17.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Poughkeepsie
- County
- Dutchess
- State
- New York
- Longitude
- -73.9404096
- Latitude
- 41.7019397