1 Morehead Drive
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 20, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $2,649,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Perfection in the heart of sought-after Rye Gardens!! This sparkling "Like New" classic Center-Hall Colonial was beautifully renovated and expanded in 2014. Boasting 5 upstairs bedrooms, a stunning Chef's kitchen/Family Room combination, elegant Living room with large bay window and wood-burning fireplace, a warm and welcoming Great Room and a fabulous finished Lower Level, this stylish residence has it all! You will love the layout of the First Floor, which offers two distinct Family Room gathering areas and 2 separate Dining areas adjoining the Kitchen, yet all rooms blend seamlessly with a wonderful open flow. The gracious and private Primary Suite has high ceilings and a dreamy spa-like Primary Bathroom, plus ample walk -in closet space. 3 Upper bedrooms and 2 Hall bathrooms, one with enclosed steam shower, and an upper Laundry complete the very spacious 2nd floor. The walk-out finished Lower Level offers great recreation space with a Family Room/Playroom, Gym/exercise area, Bonus Room, Full bathroom and Second Laundry.The lovely secluded rear yard offers plenty of space for sports and playtime, and the raised rear mahogany deck off the Family room is perfect for easy outdoor BBQs and entertaining family & friends. Enjoy the perfect desirable neighborhood location, just a short stroll to award-winning Osborn Elementary School, top-ranked Rye Middle & High schools and Harrison Metro North (which offers easy parking!) and all the fabulous restaurants, shopping, country/beach clubs and amenities of downtown Rye, plus all the wonderful sports space & greenspace of Disbrow Park, Rye Town Park, Oakland Beach, The Edith Reade Sanctuary, the Marshlands and The Rye Nature Center. This very special home is turnkey ready and just waiting to welcome its new owners!
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| Feb 7, 2014 | Sold | ||
| Sold | |||
| Jun 3, 2013 | Listed by Houlihan Lawrence Inc. | $1,999,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Lovely Expanded & Renovated Stone & Clapboard 5 Bedroom Classic Colonial Home w large level corner property & a new mahogany deck in a delightful neighborhood setting. (5 Bedrms are together on the second floor.) The best of 1950 blends with 2013 finishes and offers a new state of the art kitchen/breakfast/family room, mudroom, new master suite, new great room, bedrooms, baths and a huge bright walk out lower level. Just a short walk to school and 1.16 mile to train combine to offer convenience. Additional Information: ParkingFeatures:1 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017