1855 LLAGAS Road
About This Property
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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 15, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed | $1,599,950 | |
| Listed | |||
| | |||
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Location! Location! Location! This amazing home was built in the 1930's and has many original features creating charm and endless possibilities. Situated in peaceful Llagas Valley on over 1 acre of pristine land, it has 5 bedrooms, 3+ bathrooms, office space, formal dining room, a bonus room/family room, and more! Hardwood floors, high ceilings, and a beautiful grand stone fireplace built from the rock unearthed on the property, back when this was a hunting lodge. The pool is in and ready for your entertaining. Plenty of outdoor spaces. Room for goats, chickens and more. The original cottage on the property has been converted to living space (do not disturb tenant). Cottage is approx. 300 sq ft. Garage also converted and separate artist studio added. Buyer to verify square footage of all structures on the property. 4,000 sq ft is an estimate.
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| Jun 15, 2025 | Price Decreased |
$1,699,950
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Jun 4, 2025 | Relisted | $1,799,950 | |
| Relisted | |||
| May 2, 2025 | Listed | $1,799,950 | |
| Listed | |||
| | |||
|
Location! Location! Location! This amazing home was built in the 1930's and has many original features creating charm and endless possibilities. Situated in peaceful Llagas Valley on over 1 acre of pristine land, it has 5 bedrooms, 3+ bathrooms, office space, formal dining room, a bonus room/family room, and more! Hardwood floors, high ceilings, and a beautiful grand stone fireplace built from the rock unearthed on the property, back when this was a hunting lodge. The pool is in and ready for your entertaining. Plenty of outdoor spaces. Room for goats, chickens and more. The original cottage on the property has been converted to living space (do not disturb tenant). Cottage is approx. 300 sq ft. Garage also converted and separate artist studio added. Buyer to verify square footage of all structures on the property. 4,000 sq ft is an estimate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017