261 Channon Road
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Listed by Millionaire Minds Realty | $1,995,999 | |
| Listed by Millionaire Minds Realty | |||
| | |||
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Exquisite Designer Home in Hewlett Harbor
Welcome to 261 Channon Rd, a masterfully crafted estate in the prestigious enclave of Hewlett Harbor. Built in 2014, this 3,389 sq. ft. residence blends luxurious modern living with timeless elegance, boasting an array of high-end amenities that cater to both comfort and sophistication.
As you arrive, the home's horseshoe-shaped driveway sets an impressive tone, leading to an architectural masterpiece adorned with Venetian walls and custom decor valued at over $300,000. Step inside, and you'll be greeted by radiant heated flooring that spans the first floor and all bathrooms, ensuring warmth and indulgence year-round.
The heart of the home is a chef’s dream kitchen, outfitted with top-of-the-line Wolf appliances, custom cabinetry, and an outdoor kitchen for seamless indoor-outdoor entertaining. Smart living is at your fingertips with built-in ceiling speakers featuring individual access controls, smart thermostats, and a central vacuum system for effortless maintenance.
The grand master suite is a true retreat, boasting high ceilings, a spacious walk-in closet, and a spa-inspired master bath featuring a luxurious steam shower. Each additional bedroom is designed for comfort and style, offering ample space and high-end finishes.
For entertainment, descend to the fully finished basement movie theater, where cinematic experiences await, complemented by a dedicated wine storage room. Outdoor living is just as impressive, with a pristine in-ground pool and beautifully landscaped grounds perfect for relaxation and hosting gatherings.
The home is equipped with three-zone central air for personalized climate control and offers an expansive attic for additional storage. Every element of this residence has been meticulously designed for the discerning buyer who values both luxury and functionality.
This one-of-a-kind property in Hewlett Harbor offers an unparalleled living experience
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| Jun 22, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017