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81 Gerald Drive
About This Property
Welcome home to this beautifully renovated 3-bedroom, 1.5-bath end-unit townhome perfectly situated just a short walk to the Hudson River! Enjoy year-round views of the Mid-Hudson Bridge and river. The updated kitchen, features modern cabinetry, sleek countertops, and a slider leading to the back deck-ideal for morning coffee or evening relaxation and admiring the Mid-Hudson Bridge. The main and second bedrooms both include spacious walk-in closets, while engineered vinyl wood flooring flows seamlessly throughout the home. With parking for up to three cars, a storage shed, and a private off-street driveway, this property offers the perfect blend of comfort and convenience. Just minutes from waterfront dining, parks, and commuter routes-come experience Hudson Valley living at its best!
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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 |
|---|---|---|---|
| Mar 26, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Listed by KW MidHudson | $299,900 | |
| Listed by KW MidHudson | |||
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About Poughkeepsie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017