37 BATES Road
About This Property
The second level offers a large primary suite with an ensuite bath and two closets, three additional bedrooms and a newly renovated hall bath. The finished lower level provides exceptional additional living space with a recreation room featuring a third fireplace, a large laundry room with built-ins, countertops, and ample storage, a brand-new mudroom with custom cubbies, an adjacent fitness room, and access to the two-car garage.
Set on .81 professionally landscaped acres, the expansive double lot offers exceptional outdoor space and possible subdivision potential. A rare opportunity to own a classic, bright, and thoughtfully updated home in most desirable neighborhoods. Conveniently located close to town and train, and only 40 minutes to midtown NYC.
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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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Julia B Fee Sothebys Int. Rlty | $2,850,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017