$3,200,000
●
House -
Off Market
3 Philips Lane
Rye City, NY 10580
6 Beds
3 Baths
3,929 Ft²
$4,269,972
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Easy Living Modern Colonial in Prestigious Milton Point. 3 Philips
Ln resides on a peaceful cul-de-sac in walking distance to Milton
Elem., local parks and beaches. This stunning 6bd cedar shingle
style home offers all around water views and incredible flow with
lots of natural sunlight. The spacious foyer flows into an open
floor plan which provides for a relaxing and inviting atmosphere.
The living room, saturated with natural light features vaulted
ceilings and a newly designed floor to ceiling Travertine Marble
gas ppl that is double sided, opens up into the oversized DR. The
extra large EIK offers a center island wet bar. Completing the
first floor are 2bdrms, add'l fam rm and updated full bth. The 2nd
floor features Mstr bd w/mastr bth, 3 add'l berms, hall bth & lndry
rm. Great for entertaining enjoy the covered porch and new
eco-friendly IPE wood deck with built in salt water pool which
overlooks a lush backyard with lagoon views. Private access to dock
and deep water mooring. Additional Information:
Amenities:Storage,ParkingFeatures:2 Car Attached,
Unit Size
3,929 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$827
Property Type
House
Property Taxes
$4,167
HOA Dues
$500
Year Built
1977
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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: 4 months ago (OneKey MLS #KEYH6056318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | Listed by Grand Lux Realty, Inc. | $3,250,000 | |
| Listed by Grand Lux Realty, Inc. | |||
| | |||
|
Easy Living Modern Colonial in Prestigious Milton Point. 3 Philips Ln resides on a peaceful cul-de-sac in walking distance to Milton Elem., local parks and beaches. This stunning 6bd cedar shingle style home offers all around water views and incredible flow with lots of natural sunlight. The spacious foyer flows into an open floor plan which provides for a relaxing and inviting atmosphere. The living room, saturated with natural light features vaulted ceilings and a newly designed floor to ceiling Travertine Marble gas ppl that is double sided, opens up into the oversized DR. The extra large EIK offers a center island wet bar. Completing the first floor are 2bdrms, add'l fam rm and updated full bth. The 2nd floor features Mstr bd w/mastr bth, 3 add'l berms, hall bth & lndry rm. Great for entertaining enjoy the covered porch and new eco-friendly IPE wood deck with built in salt water pool which overlooks a lush backyard with lagoon views. Private access to dock and deep water mooring.
| |||
| Jun 30, 2019 | No longer available | - | |
| No longer available | |||
| May 10, 2019 | Price Decreased |
$2,995,000
↓ $305K
(9.2%) | |
| Price Decreased | |||
| Apr 8, 2019 | Listed by Grand Lux Realty, Inc. | $3,300,000 | |
| Listed by Grand Lux Realty, Inc. | |||
| | |||
|
Easy Living Modern Colonial in Prestigious Milton Point. 3 Philips Ln resides on a peaceful cul-de-sac in walking distance to Milton Elem., local parks and beaches. This stunning 6bd shingle style home offers all around water views and incredible flow with lots of natural sunlight. The spacious foyer flows into an open floor plan which provides for a relaxing and inviting atmosphere. The living room, saturated with natural light features vaulted ceilings and a newly designed floor to ceiling Travertine Marble gas fpl that is double sided opening up into a oversized DR. The extra large EIK offers a center island wet bar. Completing the first floor are 2 bdrms, add'l fam rm and updated full bth. The 2nd floor features Mstr bd w/mastr bth, 3 add'l bdrms, hall bth & lndry rm. Great for entertaining enjoy the covered porch and new eco-friendly Ipe wood deck with built in salt water pool which overlooks a lush backyard with lagoon views. **Private access to dock and deep water mooring** The manager has listed the unit size as 3929 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Rye
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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