1 Aldrich Terrace
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%.
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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 |
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| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by Coldwell Banker Realty - Marblehead | $4,685,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Welcome to 1 Aldrich Terrace, a magnificent legacy property in the prestigious Peaches Point neighborhood, where serene, wooded grounds meet the open ocean. This privately nestled 1915 Colonial has been impeccably renovated, blending timeless elegance with modern luxury across 2.6 acres of lush gardens, walking paths, with direct ocean access to a shared beach, dock, and mooring. Inside, nearly every room boasts stunning ocean views, with rich hardwood floors and an open-concept layout that radiates warmth and sophistication. The gourmet chef’s kitchen anchors the home, perfect for both daily living and grand entertaining. The main level features a formal living room, dining room, library, multiple home offices, and a flexible media/lounge space. Upstairs, four beautifully appointed en-suite bedrooms offer serene, private retreats. Curated with attention to every detail, 1 Aldrich Terrace is a rare coastal sanctuary retreat.
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| Mar 30, 2015 | Sold | ||
| Sold | |||
| Mar 11, 2013 | Listed by William Raveis R.E. & Home Services | $2,200,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Originally designed and constructed by renowned architect William T. Aldrich as his personal summer residence, this classic Georgian-style house was fully renovated and turned into an all-season, traditional family home by the current owner. With careful attention to the living area and storage spaces, there is a sense of warmth and comfort, and a graceful indoor-outdoor flow for daily living and entertaining. The 2.6 acre property of mature lawns, perennial gardens and woodland areas, includes a 2 1/2 car garage and the architect's work studio that offers an additional opportunity for a charming guest cottage or au pair suite. A the end of its own private drive, the acreage ensures a sense of privacy and seclusion, with the possibility of a sub-division.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017