$705,000
●
House -
Off Market
15 Paula Place
New Castle, NY 10514
2 Beds
1 Bath
1,160 Ft²
$4,803
Est. Monthly
About This Property
Experience the epitome of Mid-Century Modern living in this
captivating secluded retreat, nestled down a country lane. This
home, currently configured as a spacious 1-bedroom sanctuary,
easily converts back to original design with 2 bedrooms and 1 bath,
offers unparalleled privacy and sweeping panoramic views over 2
acres. The open spaces, accentuated by walls of windows, create a
seamless indoor-outdoor experience, showcasing the breathtaking
surroundings and nature's artwork. The property boasts a
wrap-around deck, perfect for soaking in the serene landscape, wood
floors, vaulted ceilings and brick walls. A wood-burning fireplace
anchors the living space, making it the perfect hideaway for all
seasons. This charming cottage serves as a peaceful haven, offering
a unique living experience that blends architectural beauty,
natural elements, and proximity to Chappaqua's town center. Don't
miss out on this rare find. A testament to the timeless allure of
Mid-Century Modern design. Additional Information: HeatingFuel:Oil
Above Ground,
Unit Size
1,160 Ft²
Days on Market
-
Land Size
2.20 acres
Price per sqft
$603
Property Type
House
Property Taxes
$1,365
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (OneKey MLS #KEYH6291791)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Mar 21, 2024 | Listed by Houlihan Lawrence Inc. | $700,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
|
Experience the epitome of Mid-Century Modern living in this captivating secluded retreat, nestled down a country lane. This home, currently configured as a spacious 1-bedroom sanctuary, easily converts back to original design with 2 bedrooms and 1 bath, offers unparalleled privacy and sweeping panoramic views over 2 acres. The open spaces, accentuated by walls of windows, create a seamless indoor-outdoor experience, showcasing the breathtaking surroundings and nature's artwork. The property boasts a wrap-around deck, perfect for soaking in the serene landscape, wood floors, vaulted ceilings and brick walls. A wood-burning fireplace anchors the living space, making it the perfect hideaway for all seasons. This charming cottage serves as a peaceful haven, offering a unique living experience that blends architectural beauty, natural elements, and proximity to Chappaqua's town center. Don't miss out on this rare find. A testament to the timeless allure of Mid-Century Modern design.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Westchester
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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