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Map
1 Avondale Road
About This Property
Why settle for a "builder box" when you can break ground on a masterpiece? If you've been searching for new construction but are tired of uninspired designs, 1 Avondale Road is your finish line. We are handing you the keys to a project that has already cleared the most difficult hurdles - forget the 12-month headache of zoning boards and initial architecture fees. This offering includes the land and a fully-vetted, shovel-ready set of plans by the renowned Cal Petrescu Architecture & Design. While the current plans call for a striking ~4,000 SF Modern Alpine residence with an asymmetrical roofline, you have the ultimate flexibility: bring your own builder, use the current approved blueprints, or modify the designs to suit your specific lifestyle. The Blueprint: A masterclass in modern geometry featuring stone veneer, smooth stucco, and mahogany accents.
Features include:
(1) Space to Breathe: Designed for 5 expansive bedrooms and 4 full bathrooms;
(2) The Entertainer's Core: A dramatic living room with cathedral ceilings that flows into a professional-grade kitchen;
(3) Luxury Details: Plans include a dedicated wine cellar, mudroom, and a massive primary suite with a walk-in closet;
(4) Outdoor Integration: Multiple bluestone terraces and a second-floor balcony designed to soak in the views;
(5) The Practicality: An oversized 2-car garage and a driveway engineered for a seamless 5% slope.
Nestled on a prime corner in an established Yonkers neighborhood, you are minutes from the best of Westchester and a quick commute to NYC. | Stop dreaming and start building today.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | No longer available | - | |
| No longer available | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Price Increased |
$1,499,000
↑ $1M
(499.6%) | |
| Price Increased | |||
| Feb 17, 2026 | Listed by Compass Greater NY, LLC | $249,999 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017