29 Marshall Road
About This Property
Nestled on a quiet, winding street in the prestigious and historic Park Hill enclave of South Yonkers, this property presents a rare opportunity to unleash your design vision and unlock its full potential. Celebrated for its lush tree canopy, early 20th-century heritage, and sweeping elevated setting, Park Hill offers a tranquil, established neighborhood feel defined by historic community pride and distinctive curb appeal-all just minutes from New York City.
In addition to its prime setting, the property offers unbeatable convenience for commuters, with easy access to the Ludlow Metro-North station on the Hudson Line, Manhattan express buses, the Saw Mill River Parkway, and I-87.
Create a customized home in one of South Yonkers' most sought-after historic communities. Come see it today!
Sold as-is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. Please see agent remarks for access, showing instructions and offer presentation remarks.
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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%.
How much can I actually make?
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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$555,750
↓ $29K
(5%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by River Realty Services, Inc. | $585,000 | |
| Listed by River Realty Services, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017