10 Dorann Road
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%.
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 15, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Berkshire Hathaway HS NY Prop | $3,995,000 | |
| Listed by Berkshire Hathaway HS NY Prop | |||
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Experience the ultimate Staycation Home! 10 Dorann Road is the ideal home for celebrating holidays, hosting family gatherings and entertaining friends. Equipped with a free-form pool, waterfalls, hot tub outdoor fireplace, magnificent kitchen, pool house with full bath, fenced in yard and more. Located in picturesque Purchase, NY, this luxurious and tranquil 2.5-acre property boasts impressive spaces designed to satisfy your every need. The home features oversized and light-filled rooms with detailed accents and top-notch craftsmanship. A dramatic entry foyer with high ceilings and a swooping mahogany staircase greet you as you enter. The main level features a chef's kitchen with top of the line appliances, family room with wood burning stone fireplace, elegant dining room, and sun lit living room each offering stunning views of the outdoor gardens. Work comfortably from your home office with access to an outdoor covered patio. Relax in the retreat-like primary suite which includes a sitting room, fireplace, dual bathrooms/closets, sauna, and balcony. Additional features include a custom-built home theatre, Full Swing golf simulator, home bar, wine room, professional-style skating rink/sports court, and incredible gardens with mature specimen trees. A must see oasis! Taxes are being grieved. At $3,995,000, the property is 26% over assessed, and the taxes can be reduced to roughly $91,765. The home is a candidate for a reduction, O'Donnell & Cullen.
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| May 13, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017