$625,000
●
House -
Off Market
2 Meadow Drive
North Castle, NY 10504
3 Beds
1 Bath,
1
Half Bath
1,275 Ft²
$694,640
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Lovingly cared for Cape Cod home- first time on the market since
1940. This home sits on a corner lot, has great curb appeal, and
just waiting for a buyer to add its own touches. As you enter, you
will notice new windows, living room with stone wood burning
fireplace, den with sliders to deck, and dining area with bay
window. Kitchen had a propane stove, and breakfast nook.
Additionally on this level is a 1/2 bath, and bedroom. The 2nd
floor consists of primary bedroom, bedroom, and hall bath. Lower
level is unfinished. Oil tank is in the basement. Private
yard is great for entertaining, and home is close to all. House is
being sold AS IS. There is a co in place for house, kitchen
addition, updated electrical panel, and new roof in 2013.
Additional Information: HeatingFuel:Oil Above
Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$548
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
-
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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: 5 months ago (OneKey MLS #KEYH6260854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Douglas Elliman Real Estate | $850,000 | |
| Listed by Douglas Elliman Real Estate | |||
   | |||
|
Welcome to 2 Meadow Drive, a classic Cape Cod home ideally set on a flat corner lot in the heart of Armonk. This move-in ready 3-bedroom, 2-bathroom home offers the perfect balance of timeless charm and modern updates, with opportunity for expansion or to further customize to your needs.
The first floor features a bright living room, dining room, and a sun-filled bonus room ideal for a home office, gym, or media space. A spacious kitchen with a breakfast nook, a large first-floor bedroom, and a beautifully renovated powder room complete the main level. Upstairs, you’ll find two generously sized bedrooms that share a full hall bath.
Outdoors, enjoy a large deck overlooking a flat and newly fenced in private backyard, perfect for entertaining or relaxation. The unfinished lower level provides additional potential for expansion.
Minutes to one of many Town parks and to Armonk’s vibrant town center. 2 Meadow Drive combines comfort, convenience, and endless possibility, a true Armonk gem. All permits and COs are in place.
| |||
| Aug 28, 2023 | In contract | - | |
| In contract | |||
| Jul 25, 2023 | Listed by Howard Hanna Rand Realty | $699,000 | |
| Listed by Howard Hanna Rand Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Armonk
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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