$7,800,000
●
House -
Off Market
181 Forest Avenue
Rye City, NY 10580
7 Beds
7 Baths,
2
Half Baths
9,266 Ft²
$7,965,259
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
LEVEL UP! Lifestyle LUXURY living presented by LORONO Homes taken
to the next level! Located in the heart of Rye this 1.32 acre
property offers privacy and convenience. Professional hand picked
design elements enhance this from any other- starting with the
white oak chevron wood floors in the foyer, to the light wood beams
in the kitchen/ family room, 3 outdoor rooms featuring a gas
fireplace w/TV area, dining and kitchen. Luxury elevated boasts 7
EN-SUITE BR's (5 BR's on the 2nd fl, 1BR on 1st fl, and 1 BR in
LL), 2 Powder rooms, 1st fl STUDY w/ custom built-ins and patio
overlooking the property, options for a second home office, 3 car
garage w/ radiant floor heating, front and back open staircase,
primary suite thoughtfully placed to provide a tranquil escape with
too many features to list. 10 Ft ceilings on 1st fl, 9ft ceilings
on 2nd and LL. Buyer pays NYS transfer tax. Completed early summer
2023. LUXURY. ELEVATED. DEFINED. LORONO. Additional Information:
Amenities:Dressing Area,Guest
Quarters,Storage,ParkingFeatures:3 Car Attached,
Unit Size
9,266 Ft²
Days on Market
-
Land Size
1.32 acres
Price per sqft
$863
Property Type
House
Property Taxes
$8
HOA Dues
-
Year Built
1965
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (OneKey MLS #KEYH6197134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | In contract | - | |
| In contract | |||
| Jul 7, 2022 | Listed by Julia B Fee Sothebys Int. Rlty | $7,995,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Feb 21, 2021 | Listed by Coldwell Banker Realty | $2,595,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Unique opportunity to build a magnificent, custom home, zoned for 8624 ( according to FAR) sq ft. home... nestled into a rare, level and improved 1.32 acres, scenically located off a private drive in the heart of Rye....close to private clubs and Long Island Sound and convenient to schools & the quaint village of Rye. This expansive property could include a future pool and/or tennis court! R=1 zone. Utilities include 2" diameter PCV sewer piping, direct access to 8"water pipe, electrical conduits for direct connection to Con Ed supply, conduits for phone and data. Rock removal has been completed. No wetlands ...just spectacular level land... on which to build your dream house! #181 owns the access strip. Snow removal cost is shared by owners at 179, 183 and 181 Forest Ave. **New survey attached.**
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rye
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017