56 Sears Rd
About This Property
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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 11, 2026 | Listed by Andrew J. Abu Inc., REALTORS® | $2,599,000 | |
| Listed by Andrew J. Abu Inc., REALTORS® | |||
| Jun 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 16, 2026 | Listed by homecoin.com | $2,599,000 | |
| Listed by homecoin.com | |||
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Stunning Property in a very private setting on prestigious Sears Road! Completely redeveloped in 2007, the thoughtful design, including in-law suite, offers tremendous flexibility…and is ideal for entertaining! Radiant 2 story foyer with curved wrought iron staircase. Gourmet kitchen with 10ft ceiling & large pantry/food prep kitchen. Radiant heated 1st floor with antique hand-chiseled marble flooring. Vaulted family room opens to an expansive IPE deck, screened porch, and exterior fireplace that overlook the beautifully landscaped private courtyard. Four bedroom suites on 2nd Floor with walk in closets & baths that include marble/travertine finishes. Spacious in-law/guest wing with 1st floor bedroom & separate kitchen/family room. Billiard & theater room, wine cellar, indoor golf/batting cage. Walkout lower level to large private lawn with room for pool. Oversized, heated 3 car garage. This property has it all and is ready for generations of enjoyment!
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| Dec 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 20, 2025 | Listed by homecoin.com | $2,599,000 | |
| Listed by homecoin.com | |||
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Stunning Estate on prestigious Sears Road! This property was completely redeveloped in 2007, resulting in a intergenerational residence in a very private setting. Radiant 2 story foyer with curved wrought iron staircase that opens into the formal living room & library. Gourmet kitchen with 10ft ceiling & large pantry/food prep kitchen. Radiant heated 1st floor with antique hand-chiseled marble flooring. Vaulted family room with walls of French doors open to an expansive IPE deck, screened porch, and exterior fireplace that overlook the beautifully landscaped private courtyard. Four bedroom suites on 2nd Floor with walk in closets & baths that include marble/travertine finishes. Spacious in-law/guest wing with 1st floor bedroom & kitchen/family room. Billiard & theater room, wine cellar, indoor golf/batting cage. Walkout lower level to large private lawn with room for pool. Oversized, heated 3 car garage. This property has it all and is ready for generations of enjoyment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017