4
Map
249 Croton Dam 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%.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 27, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $950,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| Dec 21, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $2,900,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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DO NOT ACCESS THIS PROPERTY, THERE ARE SURVEILLANCE CAMERAS,OWNERS WILL CALL THE POLICE. Castle was built in 1927 by David T. Abercrombie and was inspired by his Architect wife's vision. It is set on 49.6 acres and this acreage includes three tax lots. The castle, which is in need of total renovation, consists of 2/3 stories of living space and has remaining features such as open patio with fireplace and cast iron spiral staircase leading to the tower. The land surrounding the castle can be used as a serene private estate or possibly developed. The castle and barn will need to be renovated. Property has 2 structures 1/ original stone mansion and 1/barn both uninhabitable. There are 3 plots of land,zoned 2 acres- single family home. Taxes per plot: Plot 1: $2,382.04, Plot 2: $19,723.99, Plot 3:$87,595.44 taxes have been grieved successfully. This reduction will bring the total gross taxes, starting April 2022, to approximately $85,233. As per sellers request please submit proof of funds or a pre approval for appt confirmation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017