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428D Harbor Road
About This Property
428 D Harbor Road, Cold Spring Harbor, NY 11724
Welcome to one of the most unique and coveted parcels in Laurel Hollow. This 2.77-acre estate site offers direct, unobstructed views of a pristine, state-protected private lake, a lake that only you can access and enjoy. Tucked away on a private road, surrounded by mature woodland, and boasting two separate driveways, this property blends rare natural beauty with unmatched privacy.
The building site is already cleared and ready, with a full custom architectural plan for a 4,500 sq. ft. modern luxury residence. The home design, created by a licensed professional architect, is inspired by the refined elegance of a Kardashian residence, incorporating the same blueprint proportions and design language. Over $100,000 has been invested in the planning which have already been submitted to the Village of Laurel Hollow.
This property offers the ultimate advantage: Over $100,000 invested in plans and approvals for this property. Skip over two years of planning, submissions, and design hurdles. Every step from architectural design to municipal approval has been completed, allowing you to break ground as quickly as you like.
Highlights Include: 2.77 wooded acres with a private, state-protected lake along with direct lake views, exclusive private access, 2 separate driveways for versatile entry and parking. Building site cleared and ready for construction. 4,500 sq. ft. approved home designed by a Premier Licensed Architect.
This is a once-in-a-lifetime chance to secure one of the North Shore's most remarkable building sites, combining rare natural surroundings with the convenience of an immediate ready to build opportunity located in the prestigious Village of Laurel Hollow.
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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 13, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$699,000
↓ $200K
(22.3%) | |
| Price Decreased | |||
| Feb 23, 2026 | Price Increased |
$899,000
↑ $11K
(1.2%) | |
| Price Increased | |||
| Aug 14, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 13, 2025 | Listed by Salih Akbulut | $888,000 | |
| Listed by Salih Akbulut | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017