50
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67 River Road
About This Property
Architectural details include late 19th century style moldings, panel doors and floors, 3 wood burning fireplaces, and even a greenhouse off the kitchen. It also offers 2 sun porches/rooms and 2 outdoor porches. Walkout lower-level features massive sandstone walls with tall ceilings and a recreation room with bath. Its lower level is above grade and features an extraordinary sandstone foundation with huge sandstone blocks and flooring with tall ceilings.
The first structure was built about 1830 by a man named Cox, as a horse barn. About 1850 it operated as a hat factory, and after that went back to a barn for horses. In 1891 a lithographer named Mr Wagner bought it from A. Baxter and converted it to a residence. Through the years and various owners, the actor David Niven lived there in the 1960s and it was known for the big parties he would throw. Corolla Dost bought the property about 1990, and operated a Bed and Breakfast in the property for over 20 years. Accordingly, a huge bronze statue of a horse once graced the front lawn.
Transportation to NYC is close by, with the Tarrytown train to Grand Central, only 12 min. away, and the bus to NYC can be hailed right in front of the 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 |
|---|---|---|---|
| Oct 21, 2026 | Listed by Ellis Sotheby's Intl Realty | $1,895,000 | |
| Listed by Ellis Sotheby's Intl Realty | |||
| Jul 2, 2025 | No longer available | - | |
| No longer available | |||
| Mar 15, 2025 | Relisted | $1,550,000 | |
| Relisted | |||
| Mar 13, 2025 | No longer available | - | |
| No longer available | |||
| Dec 12, 2024 | Price Decreased |
$1,325,000
↓ $225K
(14.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017