$3,550,000
●
House -
Off Market
245 MILTON Road
Rye City, NY 10580
7 Beds
4 Baths,
1
Half Bath
5,846 Ft²
$4,770,145
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
One of the most important Federal Colonials in Rye, boasting a
distinguished provenance and architectural detailing, the hallmark
of craftsmanship, superbly located, walk to schools, town and many
community activities. Entrance columns announce the paneled
entry, rich in detail, that opens to a LR/ fpl; DR/fpl;
Library/Office/fpl, all with in-laid floors , 9' ceilings and
over-sized windows ; new PR; well outfitted and renovated
Kitchen/fpl; new mudroom/laundry; an impressive sized Family
room/fpl extending to a screened porch and a mahogany deck
that open to large level property. Master Bedroom Suite /
renovated bath and a custom dressing room, two more en-suite
bedrooms, plus four BR and a Bath on the 3rd fl. The lower level
offers a gym, playroom, craft room, etc. plus fabulous storage. The
detached two car garage with storage was completely re-built with a
cupola, and the property boasts outstanding custom landscaping and
gardens with room for a pool! Additional Information:
ParkingFeatures:2 Car Detached,
Unit Size
5,846 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$641
Property Type
House
Property Taxes
$5,366
HOA Dues
-
Year Built
1880
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Cap Rate Calculator
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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: 4 months ago (OneKey MLS #KEYH6066917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Julia B Fee Sothebys Int. Rlty | $3,750,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| | |||
|
One of the most important Federal Colonials in Rye, boasting a distinguished provenance and architectural detailing, the hallmark of craftsmanship, superbly located, walk to schools, town and many community activities. Entrance columns announce the paneled entry, rich in detail, that opens to a LR/ fpl; DR/fpl; Library/Office/fpl, all with in-laid floors , 9' ceilings and over-sized windows ; new PR; well outfitted and renovated Kitchen/fpl; new mudroom/laundry; an impressive sized Family room/fpl extending to a screened porch and a mahogany deck that open to large level property. Master Bedroom Suite / renovated bath and a custom dressing room, two more en-suite bedrooms, plus four BR and a Bath on the 3rd fl. The lower level offers a gym, playroom, craft room, etc. plus fabulous storage. The detached two car garage with storage was completely re-built with a cupola, and the property boasts outstanding custom landscaping and gardens with room for a pool!
| |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Listed by Julia B Fee Sothebys Int. Rlty | $3,900,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| | |||
|
One of the most important Federal Colonials in Rye, boasting a distinguished provenance and architectural detailing, the hallmark of craftsmanship, superbly located, walk to schools, town and many community activities. Entrance columns announce the paneled entry, rich in detail, that opens to a LR/ fpl; DR/fpl; Library/Office/fpl, all with in-laid floors , 9' ceilings and over-sized windows ; new PR; well outfitted and renovated Kitchen/fpl; new mudroom/laundry; an impressive sized Family room/fpl extending to a screened porch and a mahogany deck that open to large level property. Master Bedroom Suite / renovated bath and a custom dressing room, two more en-suite bedrooms, plus four BR and a Bath on the 3rd fl. The lower level offers a gym, playroom, craft room, etc. plus fabulous storage. The detached two car garage with storage was completely re-built with a cupola, and the property boasts outstanding custom landscaping and gardens with room for a pool! The manager has listed the unit size as 5846 square feet.
| |||
| Mar 19, 2020 | Listed by Julia B Fee Sothebys Int. Rlty | $3,900,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rye
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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