5 Hidden Pond Drive
About This Property
Stepping inside, you are welcomed by high ceilings in the living room and a spacious, open floor plan. As you move toward the heart of the home, soaring, floor-to-ceiling windows in the rear flood the space with brilliant natural light and showcase the picturesque water backdrop. The living areas transition seamlessly from an open kitchen and family room setup to an expansive back deck perfect for entertaining or relaxing in the trees. The coveted main-level primary suite offers a comfortable sanctuary complete with generous closet space, an ensuite bath, and the ease of true single-level living. The second floor offers two additional bedrooms, a unique dual-access bathroom, and a spacious unfinished storage room. The lower level features a generously sized recreation room, an office with a bay window, and a full bath. A two-car garage completes the home.
Owned by the same family since it was built, this fabulous property features key updates, including a new roof, while offering a wonderful opportunity to bring your vision and refresh the interior spaces to match your personal aesthetic.
Beyond the home's exceptional and private footprint, residents enjoy the low-maintenance community lifestyle that defines Hidden Falls. Take advantage of neighborhood amenities including the clubhouse, pool, and direct, easy access to footpaths leading into 35-acre Crawford Park. Just minutes from Rye Ridge Shopping Center, a variety of casual and fine dining options, and major transportation routes, this unique waterfront property offers an unbeatable setting in a truly special community.
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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 |
|---|---|---|---|
| Nov 4, 2026 | In contract | - | |
| In contract | |||
| Oct 22, 2026 | Listed by Compass Greater NY, LLC | $1,599,000 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017