431 COTTAGE AVENUE
About This Property
An Enchanted Riverfront Estate Where History Lives On
Perched Proudly Along The Historic Delaware Riverbank, 431 Cottage Avenue Is A Grand Victorian Masterpiece With A Soul As Rich As Its Architecture. Known As The James Manderson House, This Storied Estate Was Originally Constructed In The Late 19th Century, Circa 1860, And Thoughtfully Expanded Around 1900-Standing Today As A Breathtaking Tribute To Generations Past.
From The Moment You Arrive, History Wraps Around You Like A Warm Breeze Off The Water. The Circular Drive Welcomes You With An Unexpected Detail: A Picturesque Pond That Once Served As An Ice House, A Crucial Method Of Refrigeration Before The Modern Era-A Rare And Charming Relic Of A Time When Innovation Met Elegance.
Inside, The Home Has Been Expertly Renovated To Preserve Its Architectural Integrity While Embracing Modern Luxury. Original Hardwood Floors With Intricate Decorative Inlays Have Been Lovingly Restored To Their Full Glory, Paired With Gorgeous Period Millwork That Flows Through Every Room.
The Fully Updated Kitchen And Baths Blend Timeless Style With Contemporary Finishes, While The Stunning Great Room Addition-Just Off The Formal Living Room-Features A Custom David Ramsey-Designed Wet Bar And Jaw-Dropping Views Of The Delaware. It's So Beautifully Integrated, It Feels As Though It's Always Been Part Of The Original Design.
A Renovated Elevator Offers Access To All Three Floors. On The Second Level, The Massive Primary Suite Boasts A Spa-Like Ensuite Bath And Uninterrupted River Views, Accompanied By Two Additional Bedrooms And Two More Full Baths. The Third Floor Is A Home In Itself, Complete With Its Own Kitchen, Multiple Bedrooms, And Full Bath-Ideal For An In-Law Suite, Guest Residence, Or Creative Haven.
The Finished Basement Includes A Pool Room And Private Study, Creating Even More Space For Entertaining Or Relaxing.
Step Outside, And The Magic Continues. The Lushly Landscaped Grounds Feature Meandering Garden Paths, A Gazebo Near The Water's Edge, And A Sprawling Paver Patio With Pergola-All Perfectly Set For Elegant Garden Parties, Twilight Dinners, Or Weekend Gatherings Steeped In Timeless Charm.
This Is More Than A Home. It's A Living Legacy. A One-Of-A-Kind Opportunity To Own A Piece Of History-Where The Past Inspires The Present, And Every Moment Feels Like A Page From A Storybook.
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Price Decreased |
$999,000
↓ $301K
(23.2%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Decreased |
$1,300,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Keller Williams Realty - Moorestown | $1,350,000 | |
| Listed by Keller Williams Realty - Moorestown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017