258 Poverty Hollow 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.
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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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by William Pitt Sotheby's Int'l | $1,695,000 | |
| Listed by William Pitt Sotheby's Int'l | |||
| Feb 1, 2021 | No longer available | - | |
| No longer available | |||
| Oct 9, 2020 | Listed | $1,645,000 | |
| Listed | |||
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"Spring Hill"- Delightful, whimsical, and enchanting 1929 Arts & Crafts style English cottage situated privately on 4.8 bucolic acres with gated entry to adjoining 4 acres of Redding Land Trust meadows. This storied home was built by celebrated artist Lizabeth Clifton Hunter (note her watercolor at the foot of the stairs). Sublime attention to detail abounds inside and out of this truly one-of-a-kind country estate. The exquisitely landscaped grounds feature peaceful outdoor enclaves including stone patios, balconies, the stunning pool grotto with dramatic stone face backdrop, and "Palais Poulet”: the playful hillside chicken coop compound. It's impossible to know where to feast your eyes in the exceptional main home showcasing hand hewn exposed beams, vaulted ceilings, built-ins, 3 fireplaces, and true artistry throughout the 2-story sunken living room, both formal dining and casual breakfast rooms, wet bar, dazzling gallery, and 3 welcoming bedroom suites. The compound also offers the detached 3-car garage with potting shed and regal clock tower. Of note: wood roof; leaded glass windows; radiant heated kitchen and breakfast room floors; heated outdoor steps to the driveway; copper leaders/gutters; generator; electric deer fence and cattle guard; plus top location on scenic road across from protected Aspetuck River land yet just 65 miles to Midtown. The manager has listed the unit size as 2650 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017