188 Nine Partners Lane
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 17, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Compass Greater NY, LLC | $2,600,000 | |
| Listed by Compass Greater NY, LLC | |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2021 | Listed by COMPASS GREATER NY LLC ML | $1,995,000 | |
| Listed by COMPASS GREATER NY LLC ML | |||
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Nestled above Nine Partners Lane, and located precisely one mile from the center of the Village of Millbrook, NY, this sprawling 31 acre property offers the best of privacy and convenience. The idyllic setting is complimented by thoughtful and mature landscaping, and the elegant home has been completely renovated to the most discerning buyers' taste. The main house features a living room with wood burning fireplace, separate library, an open-kitchen with dining area and fireplace, and a three season room also with a wood burning stove. Completing the main level there is a guest bedroom with ensuite bath, a bar with wine cooler, laundry room and a powder room. Upstairs there are two bedrooms; an ensuite primary with custom built walk-in closet and two additional custom closets. There is an additional guest bedroom and a full bathroom. From the main level eat-in kitchen there are 3 sets of French doors leading to a porch and patio for al fresco dining. There is also a hot tub that leads down a path to the hedged and fenced in pool. There is a separate pool house or home office replete with kitchenette, full bathroom, gas burning fireplace, split system heating and cooling, fulfilling all your work from home needs making total combined square footage of about 3000 SF. There is also a detached, finished two-car garage. Minimum 24 hour notice required for accompanied showings.,Heating:Central Heat,AMENITIES:Pool,AboveGrade:2800,ROOF:Asphalt Shingles,Cooling:Zoned,InteriorFeatures:French Doors,ExteriorFeatures:Landscaped,FLOORING:Tile,Wood,FOUNDATION:Concrete,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017