4575 PADGETT ROAD
About This Property
This Model is the ----- KINGSPORT II --- The Kingsport II is an updated version of our most popular and versatile estate home starting at 3,436 square feet, with options to expand up to 7,288 square feet of luxurious living space. The home can be built with a two or three car garage and is available in many elevations including traditional, brick and stone combination and craftsman styles. Inside, plenty of grand features await including a two-story foyer, two-story family room, optional in-law suite and multiple options to upgrade to a gourmet or chef's kitchen. A luxury owner's retreat can be designed with a sitting area, fireplace, multiple walk-in closets and our most exciting Caribbean or California spa bath. Design your basement for entertaining with options like a theater room, wet bar and a den or 5th bedroom. There are hundreds of ways to personalize this elegant home and make it your own.
Buyer may choose any of Caruso's models that will fit on the lot, prices will vary. Photos are provided by the Builder. Photos and tours may display optional features and upgrades that are not included in the price. Final sq footage are approx. and will be finalized with final options. Upgrade options and custom changes are at an additional cost. Pictures shown are of proposed models and do not reflect the final appearance of the house and yard settings. All prices are subject to change without notice. Purchase price varies by chosen elevations and options. Price shown includes the Base House Price, The Lot and the Estimated Lot Finishing Cost Only. Builder tie-in is non-exclusive.
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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 |
|---|---|---|---|
| May 15, 2026 | Listed by EXP Realty, LLC | $843,594 | |
| Listed by EXP Realty, LLC | |||
| Apr 29, 2026 | Listed by EXP Realty, LLC | $250,000 | |
| Listed by EXP Realty, LLC | |||
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5.39 Acres with Existing Foundation | Not Your Typical Land Opportunity
This is not your average piece of land.
If you understand how to look at property beyond the surface, this is one you need to come see in person.
Situated on approximately 5.39 acres in White Plains, this parcel already has a foundation in place along with access to public sewer, giving the right buyer a head start that most land opportunities simply do not offer.
Zoned WCD, this property presents a strategic opportunity for a custom estate build or a buyer who knows how to navigate permitting and unlock value through the right approach.
Located just off Route 227 with quick access to Route 301, you are positioned in a growing corridor with continued residential expansion and demand for new construction.
This is not being marketed as basic raw land. This is for someone who understands potential, positioning, and long term value.
Buyer to perform their own due diligence regarding zoning, land use, and development possibilities.
Serious inquiries only
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| Jul 14, 1981 | Sold | ||
| Sold | |||
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About Waldorf
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017