48 Central Drive
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Compass Greater NY, LLC | $1,300,000 | |
| Listed by Compass Greater NY, LLC | |||
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Discover this charming and spacious colonial nestled in the sought-after estate area of Briarcliff Manor. Set on a picturesque 1.4-acre property, this home offers the perfect blend of usable space and natural beauty, with scenic rock outcroppings and a vegetable garden that add character to the landscape.
Featuring a solid foundation and timeless architecture, this home boasts a spacious layout ready for your personal touch. The potential for the large kitchen is endless! Whether you’re looking to modernize or preserve its classic charm, this property offers endless possibilities to make it your own or the comfort of living in it as-is. The large bedrooms provide ample space and flexibility, while the flowing main level offers the perfect canvas for creating your dream living space. Hardwood floors throughout!
Enjoy the benefits of award-winning Briarcliff Manor schools and the village's exceptional recreation programs, including parks, trails, pool, and tennis/pickleball. Ideally located with convenient access to major highways and Metro-North, this home offers a perfect balance of privacy and accessibility.
Don't miss this incredible opportunity to transform a classic colonial into your dream home in one of Briarcliff Manor’s most desirable neighborhoods.
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| Sep 13, 2012 | Sold | ||
| Sold | |||
| Feb 3, 2012 | Listed by Coldwell Banker Residential Brokerage | $950,000 | |
| Listed by Coldwell Banker Residential Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017