296 Stanford Road
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by River Realty Services, Inc. | $850,000 | |
| Listed by River Realty Services, Inc. | |||
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5+ bedroom, 4+ Bathroom grand colonial on 18.92 acres in the heart of Millbrook Hunt Country! Amazing opportunity! Plenty of room inside and out for gatherings and entertaining. Primary bedroom with fireplace and large primary bathroom. En-suite guest room and several additional bedrooms to spread out in. Previously finished basement awaits your ideas. Three car attached garage and three car detached garage/carriage house with 2BR apartment. Nicely secluded but only minutes to the Village of Millbrook. Property is partially occupied and being sold as-is and subject to existing occupants. Do not attempt to contact occupants or see inside the detached garage/carriage house. Buyer to pay NYS and any other transfer taxes. Cash offers or hard money loan offers with proof of funds only considered. **Please see agent remarks for access, showing instructions and offer presentation remarks.**
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| Jun 4, 2019 | No longer available | - | |
| No longer available | |||
| Jun 22, 2018 | Listed by PAULA REDMOND REAL ESTATE, INC ML | $1,195,000 | |
| Listed by PAULA REDMOND REAL ESTATE, INC ML | |||
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This spacious Millbrook brick colonial, on 18+ private acres and with over 4,200 square feet of living space, provides the perfect environment to meet all of your living and entertainment needs. The large living room has a fireplace and French doors leading to the patio. The gourmet kitchen offers a six burner Viking stove, walk-in pantry and brick fireplace. Completing the first floor, with 10' ceilings throughout, are a formal dining room, music room, den and half bath. Upstairs has a master bedroom with fireplace and large master bath, an en suite guest room, two additional bedrooms with a bath and finally an au-pair suite. In addition to the three car attached garage there is a separate carriage house, which accommodates two to three cars on the first floor and has a two bedroom, two and one half bath loft apartment on the second floor. Nicely secluded and only minutes to the Village of Millbrook. The manager has listed the unit size as 4253 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017