38 Fenimore Drive
About This Property
Set on beautifully private grounds with mature landscaping, the property provides exceptional space for expansion, outdoor entertaining, or future enhancements. Whether you're looking to restore its classic elegance or reimagine it with today's modern amenities, the possibilities are truly endless.
Ideally located just minutes from town, Metro-North, award-winning schools, parks, shopping, restaurants, major highways and Harrison Meadow Country Club, this is a chance to enjoy an unbeatable location while investing in one of the area's premier streets. An extraordinary opportunity to renovate, expand, or simply make it your own.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$1,649,000
↓ $246K
(13%) | |
| Price Decreased | |||
| Jul 12, 2026 | Listed by William Raveis-New York LLC | $1,895,000 | |
| Listed by William Raveis-New York LLC | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017