161 Wallis Road
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Apr 8, 2021 | Listed by RE/MAX Shoreline | $1,595,000 | |
| Listed by RE/MAX Shoreline | |||
| Oct 26, 2020 | No longer available | - | |
| No longer available | |||
| Jul 13, 2020 | Price Decreased |
$1,675,000
↓ $20K
(1.2%) | |
| Price Decreased | |||
| May 24, 2020 | Listed | $1,695,000 | |
| Listed | |||
| | |||
|
Come inside and see the surprise! This historic farm house and barn are sooo much more. Large additions ad sundrenched.rooms with contemporary flare. The huge "great room" makes a statement. Two stories high with a lot of glass overlooking patio and lawn area, backed up by woods and nature. The barn was removed and rebuilt by local Rye craftspeople.It was very well done, creating a 1st floor bedroom with bath.(makes 4 full total) and oversized garage with room for cars and ALL the toys.The 3rd stairwell goes to a "loft area" perfect for reading or reflection, it over looks the fire placed great room. This kitchen has such a county feel with original beams and flooring, but is furnished with all the high end gear to satisfy any serious chief! Eating.....you have 3 or 4 locations to have a meal from quick bite to very formal dining for the whole family. This is a large house now easier to maintain after the renovation...Heating, electrical, heated floors..... all the work is DONE. Save one large space that is top floor of new barn ready to be an apt? or studio? or his and her offices with peaceful pastoral views. It is a good size parcel, very private, Could be pool, tennis....or greenhouse gardens and hardscape. Unpaved circular drive, stone walls, colors all say traditional...it is anything but! Just up the road is a swimming beach called Wallis Sands.(walking dis.) Quintessential, Low tax,scenic oceanfront town. This one is a rare and very special offering.Easy to show The manager has listed the unit size as 4900 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017