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Rye 10580 Rye
70 Hewlett Avenue
$3,740,000
● House - Off Market

70 Hewlett Avenue

Rye City, NY 10580
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
4,864 Ft²
$5,136,513
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Thoughtfully designed luxury home by renowned builders Susie Cappelli (SAC Development) & Tom DeMasi (Alpine Construction). Inviting wrap-around front porch opens to paneled foyer w/PR, FLR w/fpl, DR w/butler pntry opening to Chef's kitchen w/top-of-the-line appliances/island, lg breakfast rm w/dr to covered patio & adjacent mudrm w/2nd PR/dr to porch/yard & entrance to 2-car garage. Spacious FR w/coffered ceiling creates great indoor/outdoor entertaining space & flow w/drs to patio/yard. 2nd flr offers mstr bdrm ste w/2 WICs and lg luxurious bth, bdrm w/ensuite bth, 2 bdrms w/shared bth & convenient lndry rm. Finished basement features rec rm, office, bdrm, full bth & potential wine rm/gym. Custom millwork, exquisite finishes, enviable amenities & more. This spectacular Colonial is nestled on .22 acres in Milton Pt neighborhood and is in walking distance to beach, school, marina, Rye Town Beach & Park and private beach clubs. Rye City has the lowest effective tax rate in West Cnty. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
4,864 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$771
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1901

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYH4926604)

Price History

Date / Event Date Event Price
Aug 3, 2020 Sold
Premium
Sold
May 1, 2019 Listed by Houlihan Lawrence Inc. $3,750,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1901
  • First Altered Year: 1987
  • Recent Altered Year: 1994
  • Building Count: 7
  • Floor Count: 14
  • Total Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 151,100
  • Lot Size Depth Feet: 200
  • Lot Size Frontage Feet: 756
  • Building Depth: 40
  • Building Frontage: 250
  • Gross Building Area: 698,122

    Building Floor Area

  • Commercial Building Floor Area: 698,122
  • Office Building Floor Area: 570,441
  • Other Building Floor Area: 127,681

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: W6
  • Lot Type: 3
  • Land Use: 08
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 109
  • City Council District: 7
  • Police Precinct: 26
  • Fire Company: E047
  • Health Area: 8800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 03

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1989
  • Lot: 1
  • Borough Block Lot: 1019890001

    Address

  • Full Address: 3009 Broadway
  • Zip Code: 10027

Valuation

    Assessments Valuation

  • Assessed Total Value: $78,621,300
  • Assessed Land Value: $4,635,000

    Exemptions

  • Exempt Total Value: $78,621,300
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rye

Stats & Trends

Median Asking:

$2,695,000

Sale Price/ft²

$789

Above Asking

0.00%

Average Days on Market

89

Average Home Size

4109 ft²

Average Home Age

68.1 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 89 Crystal Street, Harrison, NY, 10528

$8,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
89 Crystal Street, Harrison, NY, 10528 Listing by Anthony Bommarito
Unit for rent at 87 Crystal Street, Harrison, NY, 10528

$8,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
87 Crystal Street, Harrison, NY, 10528 Listing by Anthony Bommarito
Unit for rent at 32 High Street, Rye, NY, 10580

$7,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,200 ft²
32 High Street #2, Rye, NY, 10580 Listing by Osamu Kobata

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 70 Hewlett Avenue built and last sold?
The property at 70 Hewlett Avenue was built in 1901 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 70 Hewlett Avenue is $3,787,500.
What are some comparable homes to 70 Hewlett Avenue?
There are currently no comparable homes to 70 Hewlett Avenue.
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