1 Andrews Place
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 18, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Price Decreased |
$649,000
↓ $26K
(3.9%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by Compass Greater NY, LLC | $675,000 | |
| Listed by Compass Greater NY, LLC | |||
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Historic Village Gem with Timeless Charm near Metro-North
In the heart of Wappingers Falls, near Meiser Park, stands a home with grace, history, and room to welcome all. Thoughtfully cared for over the years, this residence offers space and versatility that’s perfect for anyone seeking a home with character and flow - not to mention easy access to NYC via the New Hamburg Metro-North station.
A wide, covered front porch invites you inside, where the foyer opens to a large living room and formal dining room. Two bedrooms on the first floor, although one is definitely ideal as a nursery or office, share a beautifully updated Jack-and-Jill bath with radiant heated floors. The first floor kitchen is spacious with direct access to the charming backyard.
The second and third floors offer the possibility of another living quarter for guests or extended family (check with town for your specific usage requirements). The dedicated entrance opens into a generous living area, a bedroom with walk-in closet, a kitchenette, dining alcove, full bath - and a covered veranda extends the living space outdoors, complete with ceiling fan and room for lounging in the fresh air. The finished attic space above has two spacious two bonus rooms alongside a full spa bath.
The finished basement offers even more possibilities, with a large open area to make your own, as well as a separate laundry room.
The backyard provides a tranquil retreat, all within a short stroll to some of hopefully your soon to be local favorites such as Norma’s, Casa Ortega, Cafe Con Leche, day&nite lounge, and more. This home is a rare gem in a storied neighborhood, offering history, comfort, and timeless charm in equal measure.
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| Jun 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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About Wappingers Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017