616 Purchase Street
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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 2, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by Coldwell Banker Realty | $1,650,000 | |
| Listed by Coldwell Banker Realty | |||
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Sited in front of the prestigious Westchester Country Club grounds, enchanting stone & shingle colonial situated on .91 acres is introduced by its graceful entrance drive & enhanced by its welcoming slate terrace. Entrance hall leads to the LR, anchored by a framed fireplace & leading to a skylit garden room surrounded by walls of glass. Formal DR perfect setting for entertaining any size group. FR w/ vaulted ceiling & versatile billiard area opens to picturesque property w/ room for a pool. Terracotta floors, EIK flows into breakfast area - PR & easy access into two-car garage complete first level. Graceful staircase ascends to the second floor. The elegant master bedroom suite includes a spacious office overlooking the billiard area, 2 BR w/ shared bath, bedroom w/ skylights, renovated bath, plus add'l office. Back staircase provides easy access to both floors. Understated elegance is the hallmarks of this exceptional home, convenient Clubs, Rye Village, & railway station.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017