31 Trapps View Farm Road
About This Property
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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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by eXp Realty | $649,000 | |
| Listed by eXp Realty | |||
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Welcome to 31 Trapps View Farm Road, a beautiful colonial-style home delightfully nestled on nearly two acres in Gardiner with those incredibly sought after peekaboo views of the Ridge. Built in 2004 and lovingly maintained, this three bedroom, two and a half bathroom home has about 2,240 square feet of living space, offering plenty of room for everyone to feel comfortable. From the moment you pull into the driveway, you’re greeted with wide open views of the surrounding countryside, giving the home a peaceful, welcoming feel. Inside, the layout is bright and inviting. Hardwood floors run throughout the main level, and the kitchen with generous space for cooking, gathering, and sharing meals. The living area has a cozy fireplace that makes it perfect for relaxing evenings or hosting friends and family and the light kissed sunroom is where you will find yourself enjoying peace. Upstairs, the bedrooms are spacious and comfortable, providing a quiet place to rest at the end of the day. You will also find a bonus room that offers the possibilities of whatever you may need an extra room for. The outdoor space is just as special, with a large patio for summer barbecues, morning coffee, or watching the sunset over the ridge. A versatile two-story outbuilding with a garage-style entry adds extra space for hobbies, projects, or storage. The property also offers a delightful enclosed garden space for all your growing needs. With central air, efficient heating, a standby whole house generator, and everything in excellent condition, this home is truly move-in ready. The unfinished basement offers a clean space for copious amounts of storage, laundry and housing the mechanicals of the home. Whether you’re looking for a full-time home or a weekend getaway, this home combines country charm, modern comfort, and the beauty of the Hudson Valley in one welcoming package.
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| Sep 16, 2016 | Sold | ||
| Sold | |||
| Jun 18, 2016 | Listed by RE/MAX Benchmark Realty Group | $385,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017