114 Pinesbridge 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%.
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Price Decreased |
$948,000
↓ $52K
(5.2%) | |
| Price Decreased | |||
| May 17, 2024 | Listed by Houlihan Lawrence Inc. | $999,999 | |
| Listed by Houlihan Lawrence Inc. | |||
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Majestic & historic Victorian home set back on gorgeous 5.7 acres with Hudson River views from the upper levels & roof (3rd floor has roof access through staircase-but do NOT go up to Roof). Property is OCCUPIED. Please do not go on property without an appointment. Drive through the stone pillars onto the circular driveway to the main entrance. Relax on your wrap around front porch or sit out on your covered rear porch and admire your expansive grounds. Tremendous opportunity to own this unique property. Use your vision to restore and enhance the special features throughout, such as period moldings, archways, wide plank floors, plaster walls, high ceilings & ceiling medallions, window seats, built-ins, etc. Much of the house has been freshly painted. With 6 Bedrooms, plus an office, there is room for everyone. There are hidden spaces and deep closets throughout the house. Recent improvements include: Hot Water Heater 2022; New boiler 2013; Septic cleaned Aug. 2023; One working fireplace in LR plus a working wood burning stove in the Breakfast Room/Sunroom. Other FPLs are decorative. Stone & Brick foundation. Cellar access from basement stairs & also from outside Bilco doors. Please read the 16-page property history attached for historical details about this special home, and the updates made pre-1961 and in the 1960s and 1970s after the current owners took occupancy. Separate Barn "as is" with two sections: Front Barn room has workshop, electricity and a loft; rear Barn room used for storage. Property priced to reflect condition. House needs work but has great space and with 5.7 beautiful acres, a worthy investment to renovate. Being sold "as is." Note: there are no restrictions due to the local Historical Society nor National Registry historic designations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017