15 Paye Avenue
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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 18, 2025 | Listed by Compass Greater NY, LLC | $675,000 | |
| Listed by Compass Greater NY, LLC | |||
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Welcome to 15 Paye Avenue! Steps from Madam Brett Park and its beautiful waterfall, and moments from Denning’s Point shoreline trail leading to Long Dock Park and the Metro-North Beacon train station—this home offers the best of both worlds: peace and tranquility, yet close to Beacon’s vibrant Main Street with its art, culture, and dining scene. This charming traditional home spans approximately 2,000 square feet with five bedrooms and two full baths. Once a two-family home, it also includes an additional 700 unfinished square feet on the third floor, offering potential for an accessory unit or flexible bonus space. A welcoming front porch, with glimpses of the Hudson River, opens to double entry doors featuring beveled glass and stained-glass transom. Inside, the formal living and dining rooms each showcase decorative mantels, chandeliers, and period character. The kitchen awaits your creative vision and leads to the backyard through a convenient mudroom. The first floor also includes a large bedroom and full bath with walk-in shower. Upstairs, the second floor features four additional bedrooms, a full bathroom, and scenic river views. A walk-up attic offers even more space—and more views! The full basement provides laundry, workshop, and storage space. New windows and fence. Situated on nearly a quarter-acre lot, the yard offers plenty of room for recreation, gardening, or gathering around a fire pit on summer nights. Great home, beautiful location!
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| Jul 11, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017