$1,395,000
●
House -
In Contract
504 Milton Road
Rye City, NY 10580
4 Beds
2 Baths
2,152 Ft²
$8,264
Est. Monthly
About This Property
Beautifully renovated four-bedroom Rye City Craftsman, thoughtfully
designed for an active outdoor lifestyle. Ideally located near the
beach, parks, fields, courts, marina and clubs, as well as all
top-ranked schools. Just minutes from downtown shopping,
restaurants and Metro-North trains. Outside, the spacious deck
overlooks a large, fenced yard, picturesque creek with harbor
access from your private dock, and wooded parkland beyond. The
property also offers a garage, ample parking, kayak racks and bike
storage. Inside, an airy sunroom opens to an updated chef's
kitchen, formal dining room with a working fireplace, living room,
entertainment room, library and porch. Original wood floors
throughout add warmth and character, complemented by a new
high-efficiency AC/heat pump system. Upstairs, the bedrooms include
a spacious primary bedroom with a walk-in closet and renovated bath
featuring a walk-in shower. Sophisticated small-town living less
than 40 minutes from Midtown Manhattan. Low taxes.
Unit Size
2,152 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$648
Property Type
House
Property Taxes
$1,414
HOA Dues
-
Year Built
1923
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 days ago (OneKey MLS #KEY1040875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by William Raveis-New York LLC | $1,395,000 | |
| Listed by William Raveis-New York LLC | |||
| Jul 18, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 24, 2025 | Price Decreased |
$1,395,000
↓ $55K
(3.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Decreased |
$1,450,000
↓ $45K
(3%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by William Raveis-New York LLC | $1,495,000 | |
| Listed by William Raveis-New York LLC | |||
   | |||
|
Four bedrooms and a fenced backyard in one of Rye City's most sought-after neighborhoods? Welcome to 504 Milton Road, a meticulously updated colonial near award-winning Milton School, Rye Middle School, Rye Town Park, Oakland Beach, Rye Marina, with private clubs, downtown shopping and commuter trains close by. Inside you'll find a delightful open plan kitchen with stainless steel appliances, formal dining room with wood burning fireplace, a bonus first-floor family room that can serve as a fifth bedroom, and natural wood floors throughout. Outside, a commanding deck overlooks a large, level yard with a wooded park in the background, and a private dock for kayak access to Milton Harbor and the Long Island Sound. Looking for a quick getaway? Highways, Westchester Airport, and Metro North train are nearby -- 30-minute drive to Manhattan and a day trip to the Hudson Valley and the Connecticut shoreline. Low taxes. Do not miss this opportunity to make this house your home -- make an appointment today!
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Granite Counters, Kitchen Island, Recessed Lighting, Storage, Walk-In Closet(s), First Floor Bedroom, First Floor Full Bath, Formal Dining, Washer/Dryer Hookup
Appliances: Dishwasher, Gas Oven, Refrigerator, Washer, Gas Water Heater
Flooring Type: Wood
Laundry Features: In Basement
Rooms: 10
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Full, Unfinished
Exterior Details
Square Footage: 2152
Square Footage Source: $0
Property Condition: Actual
Architectural Style: Colonial
Year Built: 1923
Waterfront Features: Sound
Building Area Total: 2152
Levels: Two
Other Structures: Garage(s)
Building Area Units: Square Feet
Window Features: Double Pane Windows
Construction Materials: Cedar
Patio and Porch Features: Deck, Porch
Lot Features: Back Yard, Landscaped, Level, Near Public Transit, Waterfront, Near School, Near Shops
Lot Size Area: 7405
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Water Source: Public
Financial Details
Tax Assessed Value: $13,200
Tax Annual Amount: $16,969
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Rye
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Last Updated: 8 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017