76 Byram Ridge Road
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 |
|---|---|---|---|
| Jun 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 1, 2026 | Price Decreased |
$1,599,000
↓ $126K
(7.3%) | |
| Price Decreased | |||
| Nov 5, 2025 | Listed by Compass Greater NY, LLC | $1,725,000 | |
| Listed by Compass Greater NY, LLC | |||
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Lakefront Opportunity in the Byram Hills School District
Set on a spectacular 1.6-acre lakefront property, this exceptional opportunity in Armonk offers the rare chance to bring your dream home to life — without the wait.
The current owners have completed architectural house plans, engineering, and site plans for a stunning 4,200 SF Modern Colonial, featuring an open floor plan, first-floor primary suite, wraparound porch, large deck and expansive windows designed to frame breathtaking views of the lake and surrounding nature. A building permit will be delivered by closing, allowing you to begin construction right away. Existing home to be transformed, expanded and renovated, into a modern colonial. All approvals will be in place for you to customize and build this home.
Enjoy the peaceful setting of luxury lakefront living, with a level lot offering beautiful views of the water and space for a possible pool site. Located just moments from downtown Armonk’s shops, dining, and parks — and within the award-winning Byram Hills School District — this property offers both privacy and convenience.
With its prime location, completed approvals, and incredible lakefront setting, this is a rare opportunity to build the home you’ve been envisioning — just an hour from Manhattan/NYC.
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| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017