21
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463 Beach Avenue
About This Property
Opportunity knocks in an exceptional Rye Neck / Mamaroneck location. Set on a highly sought-after picturesque tree-lined street just an 8 min walk to the Metro-North and moments from downtown, schools, parks, and Harbor Island, this 3-bedroom, 2-bath Colonial offers tremendous potential for buyers. Add central air and paint as you choose and this home could be perfectly comfortable for you.
A charming covered front porch welcomes you inside to a spacious living and dining area with hardwood floors, an updated kitchen with cathedral ceiling and access to the deck, a first-floor full bath with shower, and convenient first-floor laundry. Upstairs, three well-proportioned bedrooms share a well appointed bath with oversized soaking tub. The basement is unfinished. A detached two-car garage and abundant storage further enhance the home's appeal.
While the home is being sold As-Is, it is in relatively good condition and the location is hard to beat - offering easy access to Mamaroneck's vibrant downtown, restaurants, shops, parks, and Metro-North service to Grand Central in under 40 minutes. Located within the highly regarded Rye Neck School District.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Stetson Real Estate | $775,000 | |
| Listed by Stetson Real Estate | |||
| Sep 28, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 26, 2022 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
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About Mamaroneck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017