448 Milton 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 |
|---|---|---|---|
| Oct 13, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Compass Greater NY, LLC | $949,000 | |
| Listed by Compass Greater NY, LLC | |||
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Charming Colonial in an ideal location. Stroll to all Rye has to offer; marina, cafes, beach, boardwalk, pizzeria, wine store, downtown shops and restaurants & more. Award-winning Milton School, Rye Middle and Rye High School are all nearby, plus Rye Town Park and beach are only 4 blocks away. This adorable home truly offers the ideal Rye lifestyle. The first floor level is open and bright with a newly renovated eat-in kitchen, including new quartz countertops, backsplash, refrigerator & sink. A new deck was added in 2019 which is the perfect spot for sunset al fresco dining. A mudroom with newly painted floors, large powder room, living room with wood burning fireplace and dining room with french doors to deck are also found on this level. The second level has 3 bedrooms and 2 full baths. The master suite has been remodeled to include a custom walk-in closet, two additional closets and a gorgeous en-suite bathroom with double vanity marble sink, marble radiant heat floors & soaking tub. Basement level offers space to work out - bring your Peleton. The flat backyard is fully fenced with remote control gate access and is perfect for outdoor fun. Extra long driveway provides ample parking space. Move right in to this cozy home in the heart of Rye and enjoy the lowest effective tax rate in Westchester County while only being 26 miles from NYC.
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| Nov 9, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by Compass Greater NY, LLC | $949,500 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017