3 Fairfield Place
About This Property
This glorious light-filled architectural gem is located in one of the most historic and
commuter-friendly areas of Westchester, LUDLOW PARK. Just one-half mile north of
Riverdale, on a peaceful tree-lined cul-de-sac, and framed with flourishing evergreens and a
magnificent wraparound colonnaded wooden porch, the 1904 house retains its spacious,
well-planned layout and period details. Every room has been restored to its original
elegance, with plaster walls, huge windows, high ceilings, and gleaming oak floors. Proceed
from the broad entry hall to the expansive living room and dining room, both with working
gas fireplaces and original stained glass window details. The kitchen is connected to the
sunroom and overlooks a flowery yard with a stone path to the one car-garage and two car
length driveway. On the second floor are three bedrooms and two full baths, each with its
own walk-in closet. The giant master bedroom suite features a cozy seating area and a gas
fireplace. The third floor offers an accessory dwelling with separate entrance and stairs with
bedroom, full bath and kitchen, multiple closets and a sweeping Living room/Dining room
overlooking the treetops. The bright, window lined basement runs the full length of the
house and offers a new boiler, updated electric, and washer/dryer. The Sewer pipe has just
been completely lined. Commuters will have a six minute walk to the Ludlow Metro-North
station, and NYC public and express buses just a few minutes further away. There is also an
award-winning elementary school and several houses of worship within walking distance. CALL TODAY! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Compass Greater NY, LLC | $799,999 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017