16 Johnson Place
About This Property
The Preserve at Rye features tree-lined streets, Belgium block curbs, underground utilities, and more than 30 acres of walking trails. This vibrant community hosts book clubs, block parties, and other neighborhood events. Enjoy easy access to Rye Neck schools, athletic fields, pool, golf course, and train-as well as top private schools including Rye Country Day, the French-American School, and the German School.
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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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by Stetson Real Estate | $3,400,000 | |
| Listed by Stetson Real Estate | |||
| Dec 8, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed | $2,750,000 | |
| Listed | |||
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Welcome home to an A+ neighborhood and the most private location on Johnson Place at the Preserve at Rye. Extraordinary .64 acre, bordering a nature preserve. A versatile layout for everyone's needs. Sun drenched well proportioned rooms, high ceilings throughout and all the modern amenities to meet the lifestyle needs of today's buyer. Ample space for work and play with a great flow inside and a private backyard with a spacious outdoor entertaining bluestone patio,and a 3 car garage. Gracious entry foyer w/double height ceiling and view out to the backyard. Sunny eat-in Kitchen open to the Family Rm and backyard, plus a gracious Living Rm,Dining Rm, Butler's Pantry,custom paneled Study,Bdrm w/Bath and Powder Rm complete 1st fl. 2nd Fl includes oversized Primary Bedrm w/ 2 WICs, marble bath, 4 add'l. Bedrms,3 Baths. Lower level includes Home Theater, Gym, Playrm and more. Recent updates include new heating system, new hot water tank, new HVAC condenser, new movie projector. A MUST SEE !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017