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166 Hegemans Lane
About This Property
dimensions, this is the ideal land parcel to construct a dream home on. Scenic vistas with a variety of opportunities to design and build new
construction. Can build 7,000 sqft to 8,000+ sqft or smaller. Excellent location off a private road access with natural gas available. Around the corner
from the famous Youngs Farm and Brookville Country Club with other golf and tennis clubs nearby, yacht clubs and more. Short distances to
major highways and public transportation options, just 25 miles to Manhattan, and quick routes to multiple international airports. Enjoy the North
Shore lifestyle on Long Island, in one of the most picturesque villages and areas in all of New York and the United States.
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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%.
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 |
|---|---|---|---|
| Jul 14, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Compass Greater NY LLC | $2,485,000 | |
| Listed by Compass Greater NY LLC | |||
| Dec 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 20, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $5,650,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Truly a field of dreams!!! One of the last remaining opportunities to build in this prestigious gated Old Brookville community. Set on over 3 flat acres of property. Vineyards, farm-stands, and beautiful country roads, is what you will find as you approach the neighborhood, yet it is so central and conveniently located. Magnificent custom home to be built by renowned North Shore luxury builder. Construct your dream home up to 8800 square feet (current price reflects a 7000 sq ft home). If you can imagine it, you can build it. Don't let this opportunity go by., Additional information: Appearance:New
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017