74 Root Avenue
About This Property
Listed By
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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 |
|---|---|---|---|
| Apr 30, 2026 | Listed by Houlihan Lawrence Inc. | $2,500,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 17, 2025 | Listed by Corcoran Country Living | $550,000 | |
| Listed by Corcoran Country Living | |||
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Welcome to Hummingbird Estates, where modern meets elegance. A five-lot subdivision encompassing luxury masterpieces. 74 Root Ave (Lot 5), is situated on over eight (8) acres, across Centennial Golf Club, a 27-hole championship course. This enchanting property enjoys a cloistered yet convenient locale, with an easy reach of Manhattan. Minutes to several highways (I-84, I-684) and Metro-North train stations. The foundation has been poured at 74 Root Ave, just waiting for you to put your final touches to a Frank Lloyd Wright inspired Prairie style home! Ready to build - the property has BOH approval for a 4-bedroom house. There are endless possibilities on this beautiful lot with reservoir views. Choose one of our other lots, bring your building plans to obtain building permit or use our plans and builder to work with you on your dream home. Three different models to choose from. This lot is also Listed For Sale as a TO BE BUILT home.
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| Sep 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 16, 2023 | Listed by Julia B Fee Sothebys Int. Rlty | $425,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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The foundation has been poured at 74 Root Ave, just waiting for you to put your final touches! There are endless possibilities on this 8+ acre lot within the Hummingbird Estates subdivision. Take a gander at 68 Root Ave., the modern masterpiece located next door.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017