245 HAVERTON ROAD
About This Property
This Frank Lloyd Wright-inspired home features vaulted wood ceilings and exposed beams that add interior warmth. High windows follow the roofline, while tall windows and glass doors connect the main living area to a wraparound deck. The kitchen opens to the living space, and the walkout lower level includes workshop space.
For buyers who appreciate the home's architecture, its existing footprint offers a starting point for thoughtful renovation. The additional waterfront parcel also creates an opportunity to consider broader plans for the property, subject to buyer verification and required approvals. A feasibility study and conceptual plan are available on request.
The sale includes 243 and 245 Haverton Road plus the connected access lot. Offered as is. Buyers to verify property condition and the feasibility of any intended renovations or future development.
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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%.
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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 |
|---|---|---|---|
| Oct 11, 2026 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
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About Arnold
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017