7 Kavey Lane
About This Property
The Lower Level has a great Family Room with a Fireplace, Laundry room, a hallway that leads to the private separate apartment with a brand new kitchen, den/office, full bath, spacious living area, with door out to side yard. Only minutes to the town of Armonk, Shops and Restaurants! Short ride to Metro North Train Station and Westchester Airport. Additional Information: Amenities:Guest Quarters,HeatingFuel:Oil Above Ground,
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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 15, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by William Raveis Real Estate | $874,900 | |
| Listed by William Raveis Real Estate | |||
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Spacious Raised Ranch with a Legal In-law Apartment in the lower level perfect for guest, in- law, au pair or extended family. The meticulous home offers 4 Bedrooms on the main level, a Master Bedroom with M/Bath., plus 2.5 additional Baths, Large Living Room with a dual fireplace to the Dining Room that flows into the Eat-in Kitchen. Step out to the beautiful stone patio overlooking your large level private backyard. Additional features include: new roof, new boiler, oil tank above ground. The Lower Level has a great Family Room with a Fireplace, Laundry room, a hallway that leads to the private separate apartment with a brand new kitchen, den/office, full bath, spacious living area, with door out to side yard. Only minutes to the town of Armonk, Shops and Restaurants! Short ride to Metro North Train Station and Westchester Airport.
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| Feb 16, 2018 | Sold | ||
| Sold | |||
| Dec 19, 2017 | Listed by Winwin Realty | $799,900 | |
| Listed by Winwin Realty | |||
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Move right into this beautifully renovated 5 BR home (includes legal accessory apartment) nestled a few minutes' walk from the Wampus Brook Park in North Castle. Perfect for entertaining, this home offers high ceilings, skylights, brand new hardwood floors, a stone patio, a custom landscaped backyard, and two levels of finished space. Each room has the option for custom speakers to be put in for a wired, central sound system throughout the house. The main level offers an EIK with new tiled floors, a dining room with fireplace, and glass doors to the backyard, vaulted family room with stone fireplace. The lower level offers a finished, walk-out living space with a separate bedroom, full bath, living room with fireplace, kitchenette, dining area, powder room, laundry room, and study space. Custom quality construction, amazing mahogany railings, top quality fittings and fixtures, was builder's own dream home. Additional Information: HeatingFuel:Oil Below Ground,
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| Jul 27, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017