46 Central Avenue
About This Property
Discover a charming New England-style home on a picturesque, tree-lined street in Rye, offering both incredible convenience and an ideal setting for your dream lifestyle. This inviting 3+ bedroom residence boasts 3 full floors of living space, thoughtfully laid out to accommodate modern needs with classic charm. Just minutes from Rye's vibrant downtown-complete with beloved local shops, top-rated restaurants, and Rye Metro North-this home offers three bright upper-level bedrooms, a flexible first-floor home office or fourth bedroom, three full bathrooms, and a full walk-out lower level with a spacious family/playroom, gym area, and sunny laundry room.
Step into your private outdoor oasis with a beautiful stone patio and secluded backyard, perfect for alfresco dining and relaxation. The detached two-car garage and private driveway provide convenience and storage to spare. All situated on a highly sought-after 0.266-acre lot, this property presents rare potential for renovation, expansion, or new construction up to c 5,000 sq.ft.
Whether you're looking to enjoy the home's timeless charm "as-is", or embark on creating a custom masterpiece, this special property is the ideal canvas for buyers, developers, and investors alike! Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Detached,
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $1,595,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017