Magnificent multi-generational 7 plus bedroom, 13-bathroom home on
4.5 acres with a heated indoor swimming pool and spa. This
expansive home has two distinct wings (original home built in 1936
and a new wing built in 1991) and lives like two independent
houses, each with their own utilities, kitchens and laundry room
and are joined by a common front foyer. The original house has an
oversized living room with French doors leading to terrace, a
formal dining room, an updated kitchen with separate breakfast
area, and mud room. On the second level is the primary suite with
dressing room and two renovated bathrooms, two additional ensuite
bedrooms and laundry room. And the third floor has two sunny
offices with balconies and a full bathroom, The new addition has an
open updated kitchen/great room with balcony overlooking yard, a
large living room/dining room and a primary suite with walk in
closet and full bathroom. On the second level are two additional
bedrooms, a bonus room and a full bathroom. Amazing 60'
Shoreline pool and spa in a expansive room with wall of
window, a changing room and full bath, and is adjacent to a great
recreation room/gym. Special features include abundant windows,
high ceilings, extensive woodwork and moldings, wood floors, 3
fireplaces, multiple balconies, generator, 4 car garage and a
private guest wing with separate entrance. The outdoor space is
exceptional with meadows, sprawling lawns, specimen trees, cutting
gardens, and stone terraces. Meticulous condition- roof (2020), AC
condensers (2020), Boilers (2021/2023), new driveway (2026), new
7-person septic (2026). Full basement with high ceilings offers
excellent storage. Full house generator. This ultra-private home is
in a prime location and located very near to Armonk town center.
Israel Townsend HIll is a new street, located off of Orchard Drive.
Byram Hills Schools
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.
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