251 River Road
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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.
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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 18, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Corcoran Baer & McIntosh | $1,295,000 | |
| Listed by Corcoran Baer & McIntosh | |||
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"WESTWIND" - Sweeping river views just begin to describe this grand 1790's "Carpenter Gothic" Victorian with expansive additions throughout the 1800's. 251 River Road in Grand View-on-Hudson sits on 1.4 acres with specimen trees, hundreds of perennials, filled with exquisite detail you couldn't duplicate today. Featured in numerous publications and historic home tours, "Westwind" had many famous owners from Captain Appleton of the Cunard Steamship Line, to well-known writers for The New Yorker. Eleven rooms (4-5 bedrooms) with 3 fireplaces (2 are decorative at the moment) showcase the original details, all restored and modernized in the 2000's with a new roof in 2022. Numerous period details throughout include leaded glass built-in cupboards, marble and limestone fireplaces, French doors, marble sink and the most ornate gingerbread trim. Renovated chef's kitchen with AGA stove leads to the formal dining room with original built-ins. Grand living room with exquisite fireplace and walls of windows to the Hudson River. Upstairs master suite with private sitting room and custom bath, plus an additional breathtaking bath featuring a clawfoot tub with striking views of the river. Magnificent wrap around porch to watch the sunrise in the front, a second porch to the rear with room for a pool, stone patio, authentic underground root cellar, Hudson River access easement across the street for kayaking, and award-winning South Orangetown Schools complete the package. Behind the house there is direct access to Old Erie Nature Trail, a three mile path connecting South Nyack to Piermont - ideal for walking and biking enthusiasts. 251 River Road is just minutes to the bustling river town villages of Piermont and Nyack with 5 star dining, boutique shops, boating, waterfront parks, farmers markets and just a quick 25 minute drive to NYC with public transit less than one minute away...
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| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | Listed by Corcoran Baer & McIntosh | $1,295,000 | |
| Listed by Corcoran Baer & McIntosh | |||
| | |||
|
"WESTWIND" - Sweeping river views just begin to describe this grand 1790's "Carpenter Gothic" Victorian with expansive additions throughout the 1800's. 251 River Road in Grand View-on-Hudson sits on 1.4 acres with specimen trees, hundreds of perennials, filled with exquisite detail you couldn't duplicate today. Featured in numerous publications and historic home tours, "Westwind" had many famous owners from Captain Appleton of the Cunard Steamship Line, to well-known writers for The New Yorker. Eleven rooms (4-5 bedrooms) with 3 fireplaces (2 are decorative at the moment) showcase the original details, all restored and modernized in the 2000's with a new roof in 2022. Numerous period details throughout include leaded glass built-in cupboards, marble and limestone fireplaces, French doors, marble sink and the most ornate gingerbread trim. Renovated chef's kitchen with AGA stove leads to the formal dining room with original built-ins. Grand living room with exquisite fireplace and walls of windows to the Hudson River. Upstairs master suite with private sitting room and custom bath, plus an additional breathtaking bath featuring a clawfoot tub with striking views of the river. Magnificent wrap around porch to watch the sunsets in the front, a second porch to the rear, stone patio, underground root cellar, Hudson River access easement across the street, and award-winning South Orangetown Schools complete the package. Room for a pool with direct access to the nature trail, just minutes to Piermont and Nyack's riverfront villages and an easy 25 minute drive to New York City...
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About Grand View-on-Hudson
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$5,295 /mo
- 3 Beds
- 1 Bath
- 1,694 ft²
$3,700 /mo
- 2 Beds
- 1 Bath
- 939 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017