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46 Skyhigh Road
About This Property
Step through the grand entry and the originality of the design immediately takes over. A wide center hallway creates a dramatic sightline from the main door all the way to the rear entrance, beautifully connecting both sides of the property. Soaring ceilings, hardwood floors, substantial millwork and incredible proportions give every area its unique presence. The library may be one of my favorite rooms in the entire house. It captures everything you hope for in residence of this caliber, yet so seldom encounter. With rich built-ins, an elegant fireplace, and scenic views, it creates an atmosphere that begs you to settle in with a book and stay awhile. The gracious living room is equally impressive, while the oversized formal dining room is made for holidays, celebrations, and a table filled with loved ones. Then there is the eat-in kitchen, a room with personality all its own. Exposed beams, generous cabinetry, a center island, expansive windows overlooking the grounds, and a brick fireplace create a space that feels warm and inviting while remaining completely distinctive. A laundry room and half bath add everyday convenience. Upstairs, the primary suite is exceptional. More than simply a bedroom, its generous proportions allow for different areas for sleeping, sitting and relaxing, anchored by an intimate fireplace. A full private bath and abundant closet space complete this impressive retreat. Two additional bedrooms are also wonderfully spacious, along with another full bath. Approximately 1,500 additional square feet in the unfinished basement opens the door to even more options. Imagine recreation areas, a gym, studio, workshop or a space tailored specifically to you. And then, step outside. This is where the full magnitude of the estate really sinks in. Gaze in any direction, taking in those incredible elevated panoramas. Embrace the feeling of being high above the everyday world, surrounded by sky, trees and seemingly endless scenery. With this much land at your disposal, the possibilities are endless. Bring the chickens, goats or pigs. Explore the potential for horses or other livestock. Garden, roam the woods, carve out even more trails, or simply leave much of it exactly as nature intended. The expansive lawn, striking stonework and surrounding forest make it feel serenely removed from everything else. This is not cookie-cutter construction, and that may be its greatest appeal. It is original, substantial and intentionally composed, with a low-maintenance brick exterior and craftsmanship that give it an identity entirely its own. Magnificent acreage, spectacular views, and a house unlike any other come together to create something genuinely memorable. Up here on Skyhigh Road, the name says it all.
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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 2, 2026 | Listed by RE/MAX Classic Realty | $989,000 | |
| Listed by RE/MAX Classic Realty | |||
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by RE/MAX Classic Realty | $725,000 | |
| Listed by RE/MAX Classic Realty | |||
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About Putnam
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017