36 Gem Mountain
About This Property
Access is currently via a shared private road, and direct access to Route 82 may be possible. The location, setting, and scenery make this a rare find for buyers looking to build something special from the ground up.
Minutes to the Taconic State Parkway, yet private and serene-this is a unique opportunity to invest in a large piece of Hudson Valley land with room to grow.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Sep 25, 2026 | Price Decreased |
$450,000
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Aug 28, 2026 | Relisted | $480,000 | |
| Relisted | |||
| Aug 15, 2026 | No longer available | - | |
| No longer available | |||
| Jul 21, 2026 | Price Decreased |
$480,000
↓ $35K
(6.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017