$2,850,000
●
House -
Off Market
291 Forest Avenue
Rye City, NY 10580
5 Beds
5 Baths,
2
Half Baths
5,900 Ft²
$4,252,138
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Picture-perfect 5,900 sq ft Colonial that enjoys a lovely elevated
position, nestled privately on an idyllic tree-lined half-acre,
with a level backyard for sport and a blissful deck for
entertaining. Step inside to a grand 2-story foyer with trey
ceiling, wainscoting walls and open staircase up to a minstrel's
gallery. From the entry, a graceful archway leads to the kitchen
and family room with 2-sided marble fireplace and french doors to
the deck. The chef's kitchen has premier appliances, granite
countertops, custom breakfast nook, and wet-bar with wine fridge.
The light-filled dining room is fringed by walls of windows and
french doors to a private cocktail balcony. A stately oak-paneled
library with vaulted beamed ceiling opens to another deck for
entertaining. There are 5 bedrooms including a heavenly master
suite – vaulted ceiling, sitting room, fireplace and spa bath. The
walk-out lower level features a recreation/playroom. Prime
location, walk to schools, Rye town park/beach. Additional
Information: Amenities:Storage,ParkingFeatures:2 Car
Attached,
Unit Size
5,900 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$492
Property Type
House
Property Taxes
$4,625
HOA Dues
-
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH4931308)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2019 | Sold | ||
| Sold | |||
| Jun 14, 2019 | In contract | - | |
| In contract | |||
| Jun 10, 2019 | Listed by Compass Greater NY, LLC | $2,900,000 | |
| Listed by Compass Greater NY, LLC | |||
| | |||
|
Picture-perfect 5,900 sq ft Colonial that enjoys a lovely elevated position, nestled privately on an idyllic tree-lined half-acre, with a level backyard for sport and a blissful deck for entertaining. Step inside to a grand 2-story foyer with trey ceiling, wainscoting walls and open staircase up to a minstrel's gallery. From the entry, a graceful archway leads to the kitchen and family room with 2-sided marble fireplace and french doors to the deck. The chef's kitchen has premier appliances, granite countertops, custom breakfast nook, and wet-bar with wine fridge. The light-filled dining room is fringed by walls of windows and french doors to a private cocktail balcony. A stately oak-paneled library with vaulted beamed ceiling opens to another deck for entertaining. There are 5 bedrooms including a heavenly master suite vaulted ceiling, sitting room, fireplace and spa bath. The walk-out lower level features a recreation/playroom. Prime location, walk to schools, Rye town park/beach.
| |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
| Nov 3, 2018 | Listed by Julia B Fee Sothebys Int. Rlty | $2,995,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rye
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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