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11 Hildreth Road
About This Property
Rarely does a home and property of this quality, design, and value come to market. This shingled traditional colonial offers nearly 4,000 sq. ft. of beautiful, light filled living spaces. The first-floor flows seamlessly from room to room, beginning with a gracious entrance foyer flanked by living and dining rooms. A large gathering room with a sleek paneled fireplace wall opens to a breakfast area with glass doors to the outdoors and a chef's kitchen with top tier appliances spanning the entire rear of the home. This level also includes a full bathroom, laundry, and a flexible room that can serve as a bedroom, home theater, or office, along with an attached heated two car garage with high-quality built-in storage shelving and an EV connection. The primary suite upstairs features a vaulted ceiling, Lutron automated blinds, a large walk-in closet with California Closets shelving, and a marble bathroom with a soaking tub. Two additional spacious bedrooms, one of them with additional office space, and a full bathroom complete this floor. The home also includes approximately 1,000 sq. ft of fully finished, town approved lower-level space, completed in 2022, designed with a gym, sauna, wet bar, full bathroom, media room, office space, and a generous utility room with storage. A 120-inch-wide Light Well egress window creates an open, airy feel in the lower level while ensuring proper egress. The house features a fully enhanced state-of-the-art audio and video system inside and out, a five zone HVAC system, sophisticated lighting, security cameras, extensive automations, and a smart controlled gas fireplace. All systems are managed from a central Control4 rack that includes satellite TV, two Apple TVs, high performance amplifiers, and integration for five TVs throughout the home including an outdoor TV. Everything can be operated anywhere in the world via phone or iPad. Outside, the professionally landscaped one acre property includes a large 20 by 40 heated saltwater pool with a brand-new liner, a gas fire pit, nine remotely managed irrigation zones, a playground, lush specimen plantings and trees, and a prewired area ready for an already town-approved hot tub. The home sits in a secluded quiet area, minutes from bay beaches, village shops, and restaurants.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Price Decreased |
$1,799,000
↓ $25K
(1.4%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$1,824,000
↓ $75K
(4%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$1,899,000
↓ $76K
(3.9%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Compass Greater NY LLC | $1,975,000 | |
| Listed by Compass Greater NY LLC | |||
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About Hampton Bays
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$10,000 /mo
- 4 Beds
- 2 Baths
- 2,055 ft²
$8,500 /mo
- 3 Beds
- 1 Bath
- 987 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017