53 Cowles Avenue
About This Property
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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.
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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 | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Compass Greater NY, LLC | $1,825,000 | |
| Listed by Compass Greater NY, LLC | |||
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This home exudes charm and convenience and is located in the heart of Rye on one the most desirable and walkable neighborhoods - leave the car at home - you are just steps to Rye High School, Middle School, Midland Elementary, nursery schools and a stroll to town and train. This rare Mediterranean gem, with potential expansion possibilities, offers the perfect blend of character and modern living. Privately set on a picturesque corner lot, this home is an oasis of calm, wrapped in lush greenery with a beautifully landscaped outdoor space ideal for alfresco dining and entertaining. Step inside to experience a combination of modern updates and timeless elegance, all infused with a chic beach-inspired vibe. The open-concept first floor is designed for effortless living and entertaining, featuring a stunning updated kitchen with high-end appliances, Carrara marble countertops, and a peninsula island, complemented by a separate butler’s pantry and laundry. The kitchen seamlessly connects to the dining room and a spacious living room with a wood-burning fireplace. A bright and airy family room, bathed in natural light, boasts French doors that lead to a stunning and private back patio. Additionally, this level includes a private office, a stylish powder room, and a well-appointed mudroom with convenient access to the side yard. Upstairs, the primary suite is a peaceful retreat with two walk-in closets, a private balcony, and a luxurious ensuite with separate water closet, walk-in shower, dual vanities with new quartz countertop and new wall sconces. The 2nd floor features 2 additional spacious bedrooms and a beautifully updated full hall bathroom with new sconces and new quartz countertop. Additional highlights include a lower-level with a bonus hang-out space and storage space, a wide driveway and a one-car attached garage. Enjoy easy access to the Rye YMCA, Rye Art Center, Rye Nature Center, and Rye Recreation, which features tennis and pickleball courts, a playground, a skate park, and seasonal food trucks and concerts. Experience the very best of Rye, from its parks, beach, and marina to Rye Golf Club and a charming downtown filled with top-rated restaurants—all within 40 minutes of NYC with an easy commute. Move right in and enjoy the best of Rye living! Showings start Friday 3/28.
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| Jan 13, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2021 | Listed by Houlihan Lawrence Inc. | $1,595,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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A rare Mediterranean beauty reimagined for modern living and privately nestled on a wildly pretty corner setting on one of Rye's most beloved avenues. Leave the car at home, this peaceful retreat is just steps to Rye Middle & High School and a stroll to town and train. An oasis of calm tucked away behind a lush green border of plantings with an idyllic outdoor entertaining patio for alfresco fun! Inside is the perfect fusion of crisp neutral hues, oak floors, rich millwork and picture windows that offer light and nature at every turn. Beautiful fluidity and thoughtful versatility 3 beds, 2.1 baths, a fabulous living room with fireplace, chic dining room, family room with French doors to the backyard, sunlit office, Carrara marble chef's kitchen and mudroom with side yard access. On the 2nd floor, the bedrooms are bright and spacious the primary boasts 2 WICS, private balcony and marble ensuite. LL finished storage, parallel parking driveway, 1-car garage perfection, just move in!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017