16 Hamilton Road
About This Property
Set on approximately 2.4 acres across three parcels, this unique property offers scenic frontage along Wappingers Creek, with the home perched high above for breathtaking views (recently seen bald eagle soaring above the Wappingers Creek headed to the Hudson River).
Public records indicate a circa-1800s home with 1,344 square feet, situated on roughly 2 acres. The layout includes a first floor with a kitchen, dining room, and spacious living room. Upstairs features a large landing-ideal for a home office-along with three bedrooms and a full bath.
Additional highlights include a walkout cellar and a truly special setting with endless potential.
Bring your vision and transform this antique property into something exceptional!
Just south of the village of Wappingers Falls, near the New Hamburg train station and Rt 9D. Home sold AS IS.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by BHHS Hudson Valley Properties | $265,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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About Dutchess
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017