122 River Road
About This Property
Offering three bedrooms, two full bathrooms, and generous living space throughout, this home provides endless opportunities to customize and create the home of your dreams. The inviting living room features a cozy fireplace, perfect for gathering on winter evenings, while the flexible layout offers room for a home office, hobby space, recreation area, or guest accommodations.
Step outside to enjoy the screened-in porch overlooking the flat backyard, where garden beds, mature landscaping, and established strawberry plants create a peaceful outdoor retreat. Whether you're hosting summer barbecues, tending to the garden, or simply unwinding after a long day, you'll appreciate the tranquility and privacy this property provides.
Conveniently located just minutes from the Villages of Wallkill and New Paltz, with easy access to major commuter routes, shopping, dining, and outdoor recreation, this is a wonderful opportunity to put down roots in one of the Hudson Valley's most desirable locations. Don't miss your chance to make this beloved home your own.
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by KW Hudson Valley North | $450,000 | |
| Listed by KW Hudson Valley North | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017