65 MONELL Place
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 |
|---|---|---|---|
| Sep 23, 2025 | No longer available | - | |
| No longer available | |||
| Aug 14, 2025 | Price Decreased |
$320,000
↓ $79K
(19.8%) | |
| Price Decreased | |||
| May 29, 2025 | Price Decreased |
$399,000
↓ $51K
(11.3%) | |
| Price Decreased | |||
| Apr 11, 2025 | Listed by eXp Realty | $450,000 | |
| Listed by eXp Realty | |||
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**Builders and developers - amazing opportunity to build on a river view lot in Beacon with minimal upfront land cost! Seller is open to structuring a deal that allows the property to be developed, with payment for the property upon sale of the home. *** Tucked away in one of Beacon’s most sought-after spots, this rare parcel offers the perfect balance of privacy and proximity. Imagine waking up each day to year-round views of the majestic Hudson River—whether it’s bathed in golden fall light, glistening with winter frost, or reflecting the vibrant colors of spring and summer.
Set back from the road, the lot provides a quiet, secluded setting while keeping you just minutes from Beacon’s lively Main Street, Metro-North station, hiking trails, and waterfront parks. It’s a peaceful escape with everything you love about Beacon right at your fingertips.
Public water and sewer connections are available, giving you a head start in bringing your vision to life. Whether you're dreaming of a custom-built home or a serene weekend retreat, this is a rare chance to own a piece of Beacon with unmatched views and unbeatable charm.
This lot is more than land—it’s the beginning of something extraordinary.
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| Apr 2, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017