40 Old Post Road
About This Property
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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 |
|---|---|---|---|
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Compass Greater NY, LLC | $3,800,000 | |
| Listed by Compass Greater NY, LLC | |||
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Have you always wanted to have the home where family & friends gather - this beautiful, stately home perched high over the desirable one way street- Old Post Road in Rye was designed for just that. Pre prom parties, sports team gatherings, friends dropping by to hang out - being located less than half a mile from Rye Middle & High School & so close to town this home's location offers all of this. This large home was custom rebuilt & expanded in 2008. The expansive eat-in-kitchen is the heart of the home, the long center island has room for many & the eat in area opens to the family room with a fireplace. A wet bar, wine refrigerator, beverage drawers, wine storage are perfectly situated between kitchen & dining room. The kitchen's French doors open to a gracious patio with built in grill that overlooks the sweeping lawn creating tremendous entertaining space. An outdoor patio with pergola off the living room is great for more intimate gatherings. Need home offices? This home has you covered. Desire a large bonus recreation/play room with full bath, this space with a vaulted ceiling & beams is located over the two car garage. You will find quality throughout this home; custom millwork, newer mechanicals, radiant heated floors in all bathrooms & mudroom. Move in & start enjoying the unparalleled lifestyle that this home & Rye offer. Rye has award winning schools, YMCA, Art Center, Nature Center, Recreation Center, beach, parks, marina, Rye Golf Club & Pool as well as the lowest effective tax rate in Westchester County.
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| Apr 30, 2007 | Sold | ||
| Sold | |||
| Mar 21, 1996 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017