$4,400,000
●
House -
Off Market
420 Park Avenue
Rye City, NY 10580
6 Beds
5 Baths,
1
Half Bath
6,800 Ft²
$27,168
Est. Monthly
About This Property
Welcome to your Rye City dream house! Built by Lorono homes, this
remarkable residence offers the perfect blend of luxury, comfort
and outdoor entertainment. Quietly situated down a private drive,
this front porch Colonial has been tastefully renovated by its
original owners, with an outdoor paradise complete with heated pool
and spa, dreamy covered patio with gas fireplace, expansive Ipe
deck and a beautifully landscaped yard. Generous rooms and hardwood
floors throughout with an open floor plan that features a window
lined chef's kitchen with premium stainless appliances and anchored
by a spacious island. The family room with a gas stone fireplace
offers seating for all, a home office, mudroom with custom cubbies.
High ceilings. Five second floor bedrooms including an incredible
primary suite, with a spectacular lower level with a media room,
recreation room, bedroom, and bath. Experience year round beauty
from vibrant cherry blossom trees to peonies and hydrangeas, with
level lawns and multiple alfresco entertaining areas. Additional
Information: Amenities:Marble Bath,Soaking
Tub,ParkingFeatures:2 Car Attached,
Unit Size
6,800 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$676
Property Type
House
Property Taxes
$4,605
HOA Dues
-
Year Built
1954
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH6274177)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $4,595,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| | |||
|
Welcome to your Rye City dream house! Built by Lorono homes, this remarkable residence offers the perfect blend of luxury, comfort and outdoor entertainment. Quietly situated down a private drive, this front porch Colonial has been tastefully renovated by its original owners, with an outdoor paradise complete with heated pool and spa, dreamy covered patio with gas fireplace, expansive Ipe deck and a beautifully landscaped yard. Generous rooms and hardwood floors throughout with an open floor plan that features a window lined chef's kitchen with premium stainless appliances and anchored by a spacious island. The family room with a gas stone fireplace offers seating for all, a home office, mudroom with custom cubbies. High ceilings. Five second floor bedrooms including an incredible primary suite, with a spectacular lower level with a media room, recreation room, bedroom, and bath. Experience year round beauty from vibrant cherry blossom trees to peonies and hydrangeas, with level lawns and multiple alfresco entertaining areas.
| |||
| May 15, 2012 | Sold | ||
| Sold | |||
| Jan 6, 2012 | Listed by Coldwell Banker Residential Brokerage | $2,995,000 | |
| Listed by Coldwell Banker Residential Brokerage | |||
| | |||
|
Quality Home built by Lorono Construction. Private setting on over an half acre (Flag Lot)set majestically between 2 stone pillars. 5/6 Bedroom Colonial set in a Magic Garden. Sq. footage includes basement. Walk to school,Train,Rye Golf. Additional Information: ParkingFeatures:2 Car Attached,
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Rye
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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