48
Map
41 Mead Road
About This Property
Surrounded by lush greenery, the floor to ceiling windows seamlessly blend indoor and outdoor living showcasing abundant natural light and serene views throughout. Features include plentiful storage throughout, including a well-appointed mudroom designed for effortless everyday functionality and organization. Beautiful office space with a balcony overlooking nature. Additional convertible spaces provide exceptional flexibility for customized lifestyle and entertainment areas, with the potential for a private sauna, cinema, recreation lounge, wellness retreat, or expansive secondary living spaces. A unique opportunity exists to expand the outdoor entertaining space with a potential 3,500-square-foot rooftop deck.
Additional highlights include proximity to the Armonk town center and North Castle's nature preserves, hiking trails, and golf courses. Convenient access to White Plains, Greenwich, and NYC makes this home a rare offering in one of Westchester's most sought-after communities.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$3,795,000
↓ $2M
(29.6%) | |
| Price Decreased | |||
| Oct 14, 2026 | Relisted | $5,390,000 | |
| Relisted | |||
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 16, 2026 | Price Decreased |
$3,995,000
↓ $500K
(11.1%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$4,495,000
↓ $485K
(9.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017