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INVESTOR ALERT: 10 Cap Rate Cash Cow in Midtown Kingston
135 Jansen Ave, Kingston, NY 12401
Unlock incredible yield in one of the Hudson Valley's most resilient rental markets. This turnkey duplex is a rare ''cash cow'' opportunity, boasting a 10 Cap Rate in the heart of thriving Kingston. Whether you are looking to expand your portfolio with high-performance multifamily or searching for the perfect house hack to live for free while your tenant pays the mortgage, this property delivers.
The Opportunity
High-Yield Performance: Solid 10 Cap Rate with consistent rental history.
Versatile Layout: Featuring two spacious units (3BR/2BA total building count per tax records), this property is designed for maximum occupancy and low vacancy.
Strategic Location: Situated in Midtown Kingston, you are steps away from the city's best cafes, including Monkey Joe Roasting Co and Village Coffee, and minutes from the historic Stockade and Rondout districts.
Property Highlights
Investor Ready: Strong rental demand driven by proximity to Kingston High School and local employment hubs.
House Hack Potential: Occupy one unit and utilize the premium market rents of Midtown to offset nearly all your carrying.
Proven Market: Kingston continues to see steady appreciation and a robust rental squeeze, making this a defensive and profitable asset for 2026 and beyond.
Don't miss out on a double-digit return in a market where they are increasingly hard to find. Properties with these numbers move fast--schedule your showing today and secure your next high-performing asset.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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Our Executive Mortgage Banker:
$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $761 | $761 | $761 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,799 | $1,872 | $2,471 |
| Total Monthly Payment | $2,634 | $2,707 | $3,306 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.