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58 Old Logging Road
About This Property
The magnificent music room showcases a cathedral ceiling and is flooded with natural light through oversized twelve-over-twelve windows. A sunken family room, anchored by a stately fireplace, opens through French doors to an inviting stone terrace - perfectly designed for both intimate moments and grand entertaining.
A private first-floor bedroom suite with its own entrance offers exceptional flexibility for guests or extended stays. Dual staircases ascend to the upper level, where three well-appointed bedrooms accompany a serene primary suite featuring two walk-in closets, a fireplace, and a bath.
An expansive bonus room offers endless possibilities for recreation, media, a home office, or additional accommodations. A spacious full basement with a walkout provides additional opportunities for recreation and versatile use. Outdoors, the grounds are graced with natural rock outcroppings and a generous level field, ideal for picnics or sports pursuits. Altogether, the property embodies a harmony of elegance, privacy, and refined living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by Compass Greater NY, LLC | $1,995,000 | |
| Listed by Compass Greater NY, LLC | |||
| Dec 2, 2024 | No longer available | - | |
| No longer available | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017