260 Old Sib Road
About This Property
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by William Pitt Sotheby's Int'l | $699,000 | |
| Listed by William Pitt Sotheby's Int'l | |||
| Jul 27, 2021 | No longer available | - | |
| No longer available | |||
| May 13, 2021 | Listed by William Pitt Sotheby's Int'l | $595,000 | |
| Listed by William Pitt Sotheby's Int'l | |||
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Idyllic modern country retreat offering panoramic views of Lake Mamanasco plus deeded rights to membership at Mamanasco Beach Club (nominal annual fee to enjoy swimming, dock, canoeing/kayaking, volleyball, grilling, beach parties). Total 2,017 sf w/3-4 BR, 3/1 BA including lower level in-law apt. w/kitchenette & full bath. Over $90K in upgrades since 2002: stone wall w/built-in lighting; in-law addition; wood stove insert w/blower; new roof; replaced all casement windows w/Andersen vinyl clad double-hung & deck slider with Andersen French door; kitchen remodeled w/granite counters/island; master bath remodeled w/tiled shower & marble vanity; custom closet in MBR; & 7.5 kw generator w/transfer switch. Extensive landscaping & tree removal to open up lake views; addition of tiered vegetable garden, slate walks/steps, & plantings including lilacs, peonies, iris, phlox, lily of valley, purple lipstick, astilbe, hydrangea, & day lilies. Driveway recently repaved/sealed plus new front plantings including bee balm, shad, red twigged dogwood, dappled willow & vibernum. Chimney inspected annually, water pump & tank replaced, septic tank cleaned every 2-3 years, & all maintenance records available. Enjoy the expansive, private, multi-level deck; EIK w/great views of the sunrise, lake, & hills beyond; walking down the private access lane (Third Lane) to Mamanasco ; in-law suite/home office with separate entrance; & access to many hiking areas including Mountain Lakes & Richardson Park. The manager has listed the unit size as 2017 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017