51 Old Well Road
About This Property
The formal Dining area looks to the back of the property, plenty of room for a large table. The Eat in kitchen is Airy and bright and opens to a wonderful Deck for outside enjoyment. There is a natural gas hook up for the BBQ on the deck and stairs lead down to the yard.
The Primary Bedroom has windows on two aspects and is en suite. There are two further good size bedrooms, a large Hall Bathroom and pull down stairs to the attic for extra storage,
Downstairs to the lower level, there is a large family room with wood burning fireplace, slider doors to the back yard, a half bath, a laundry room and a Den/4th Bedroom complete this floor plan.
Attached over size double garage with plenty of additional storage.
The yard is 0.46 acres and extends significantly to the side of the property.
Very low taxes in a really nice residential part of Purchase.
The roof is 2010, the furnace was new in 2024, the water heater is around 6 years old. This house has been meticulously looked after for many years, it would benefit from some updates but this is a great house. There are wood floors under all carpets on the main level of the house.
Purchase is part of the award winning Harrison Central School District offering the International Baccalaureate system. Situated minutes to down town White plains with its excellent shopping and restaurants.
Harrison schools provide Bussing, Harrison Meadows is the Residents Golf and Country club, Harrison town has plenty of daily or annual commuter parking for the train to Grand central.
This house is waiting for its new owners.
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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%.
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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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by Julia B Fee Sothebys Int. Rlty | $999,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017