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331 Grape Hollow Road
About This Property
Privately set on over 3 acres along a Designated Scenic Road, this charming Farmhouse/Cape blends country tranquility with inviting modern comfort. Beautifully maintained and freshly painted move-in condition, the home welcomes you with wide plank wood floors, oversized windows, and a bright, airy feel throughout. The kitchen, featuring a brick fireplace, opens directly to the backyard wonderful for summer entertaining or cozy winter evenings. A sun-filled living room and a charming dining room offer wonderful spaces for gathering. A first-floor home office with sliding door leads to the back porch. Upstairs, the primary suite features a full bath, joined by three additional bedrooms and a hall bath, plus a walk-in attic offering clean, accessible storage. A workshop provides versatility for creative or practical pursuits. Enjoy the scenic drive along Grape Hollow Road, surrounded by protected natural land that enhances the peaceful setting. All just minutes from highways and the village of Pawling, with its charming shops, dining, and Metro-North train service.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Douglas Elliman Real Estate | $750,000 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017