211 Midland Avenue
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 |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Price Decreased |
$2,199,000
↓ $150K
(6.4%) | |
| Price Decreased | |||
| Apr 19, 2024 | Listed by Compass Greater NY, LLC | $2,349,000 | |
| Listed by Compass Greater NY, LLC | |||
| | |||
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Being able to walk to all schools, town, train and beach makes this location absolutely ideal for all. This 4 bedroom, 3.2 bath Colonial set on .39 acres in the heart of Rye and the extremely desirable Midland Avenue School District sets itself apart. The many amenities and amazing features include Vaulted Floor to Ceiling great room, 2 home offices, full house generator, Tesla car charger, 3 car garage, beautiful mature and blooming landscaping with extensive outdoor lighting covets this magical property. You can have it all at 211 Midland Avenue, Rye. Please note home has been professionally measured at 3492 Sq Ft!
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| Jun 26, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017