240 Piney Point 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 12, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by PY Realty Co | $4,195,000 | |
| Listed by PY Realty Co | |||
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Stunning contemporary designed home in prestigious Piney Point Village on over a 1.4 acre lot. High ceilings in the foyer welcome you into a house ready for entertaining. The entry is flanked by a designated study with custom cabinetry and large dining area. Dining is neighbored by wet bar with wine fridge. The kitchen, complete with large island and breakfast seating, Wolf and Sub Zero appliances is open to the family area. A large first floor primary bedroom overlooks the lush backyard and pool. Double sinks, soaking bath, separate shower and large dual entry closet complete the primary en-suite. Upstairs, you are met with a game room, well-appointed home theater, secret room and 5 additional bedrooms with ensuite baths. The backyard boasts a pool, spa, fire pit, and a separate casita with full bath and cooking area. Two 2-car garages & carport make for ample parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017