397 Split Rock Road
About This Property
Step back in time and experience the architectural elegance of this 6-bedroom, 2.5 bath, three
storied historic colonial set on 2+ acres in North Syosset. This 1890s design includes a
spacious living room, formal dining room, butler's pantry, coffered ceilings, sweeping staircases,
and stained-glass windows. Go for a refreshing swim in the sparkling 20' x 40' in-ground pool or
unwind on the expansive wraparound porch surrounded by expansive lawns. This estate has a
detached 3-car garage with chauffeur's quarters above, and a charming 1-bedroom cottage,
which can be used as a guest house, private office, or an income
producer.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Price Decreased |
$1,999,000
↓ $126K
(5.9%) | |
| Price Decreased | |||
| Feb 10, 2025 | Price Decreased |
$2,125,000
↓ $124K
(5.5%) | |
| Price Decreased | |||
| Jan 22, 2025 | Price Decreased |
$2,249,000
↓ $150K
(6.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017