50 Cloverhill Lane
About This Property
Upon entering, you're greeted by a grand foyer that opens into sophisticated living and entertaining spaces designed for seamless indoor-outdoor gatherings. The layout includes formal living and dining rooms, a spacious great room with vaulted ceilings and a beautifully renovated fireplace, a library/den, and a newly renovated chef's kitchen with La Cornue Range.
The generously sized bedrooms include a luxurious master retreat complete with a spa-like bath.
Additional rooms provide flexible options for an office, gym, or other uses.
Also available for rent for $12,500/month. Additional Information: Amenities:Soaking Tub,HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Attached,
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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 7, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by Corcoran Legends Realty | $1,799,000 | |
| Listed by Corcoran Legends Realty | |||
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Nestled on lush, private gated grounds, this stunning estate offers a serene residential retreat with 5 bedrooms and 4.5 baths, in a highly sought-after cul-de-sac. Surrounded by mature trees and enchanting English gardens, the property features a heated in-ground pool and expansive paver stone patio, creating a resort-like atmosphere for ultimate relaxation and entertainment. Upon entering, you're greeted by a grand foyer that opens into sophisticated living and entertaining spaces designed for seamless indoor-outdoor gatherings. The layout includes formal living and dining rooms, a spacious great room with vaulted ceilings and a beautifully renovated fireplace, a library/den, and a newly renovated chef's kitchen with La Cornue Range. The generously sized bedrooms include a luxurious master retreat complete with a spa-like bath. Additional rooms provide flexible options for an office, gym, or other uses. Also available for rent for $12,500/month.
| |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Dec 12, 2019 | Listed by Compass Greater NY, LLC | $1,400,000 | |
| Listed by Compass Greater NY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017