63 Lovell Lane
About This Property
effortless appeal. Enjoy the outdoors year-round on the expansive screened-in terrace featuring
a grand fireplace and stone floors. The zen-like property spans nearly 6 acres with a balance of wooded and open areas, including lush gardens, multiple stone patios, custom gas BBQ, and a hot tub built into the exposed bedrock with a waterfall that cascades to the freeform pool below. A two bedroom guest cottage welcomes friends and family to their personal oasis with its own unobstructed views, a fireplace, and an attached two car garage. While East Point offers the utmost privacy, it's a short drive to the train, hiking trails and all that Hudson Valley has to offer. A true gem! Additional Information: Amenities:Guest Quarters,Soaking Tub,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Relisted | $3,900,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Oct 7, 2024 | Listed by Julia B Fee Sothebys Int. Rlty | $3,900,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017