1658 Amazon Road
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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.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Houlihan Lawrence Inc. | $889,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
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Discover a unique opportunity with this fully renovated single-family mini estate compound on a corner lot, complete with lake rights. The main house boasts 4 bedrooms and 3 full bathrooms on the first level, featuring a spacious living room and a large eat-in kitchen, plus an additional summer kitchen. The separate upstairs quarters, accessible via a private side entrance or from the main house, include a large family room, a bedroom, an office/den, and a full bathroom. The separate cottage offers cathedral ceilings, a fireplace, an eat-in kitchen, a living room, a bathroom, and 2 bedrooms, along with a private laundry room. This mini estate provides endless possibilities, whether for extended family living or generating rental income from the cottage. The main house can also be divided into separate living areas with 3 entrances. The property features new spray foam insulation, windows, roof, flooring, central split units, 4 separate water tanks, and 5 electrical meters. With 3 driveways from the street, the property is a rare opportunity. The cottage can be filed as a legal accessory unit after the sale by the primary resident owner. All heating, cooling, and water tanks are electric, and everything is brand new. Don't miss this versatile, beautifully renovated estate with lake rights! Conveniently located near Taconic State Parkway and major highways for easy commute to NYC. Additional Information: Amenities:Guest Quarters,Stall Shower,Storage,ParkingFeatures:1 Car Detached, Appliances: Electric Water Heater
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| Jun 27, 2024 | No longer available | - | |
| No longer available | |||
| May 1, 2024 | Price Decreased |
$899,000
↓ $101K
(10.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Lake Mohegan
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017