8 Limestone Road
About This Property
Currently featuring three bedrooms and one and a half baths, the home welcomes you with its potential to transform into a modern masterpiece. The open living area invites natural light, creating a warm ambiance for gatherings and daily living.
Armonk is a commuters' delight known for its convenience to award-winning schools, parks, and shopping. Don't miss this opportunity to customize and create your dream home in a prestigious locale. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by William Raveis-New York LLC | $749,000 | |
| Listed by William Raveis-New York LLC | |||
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Calling all builders and buyers with a vision! This property presents a rare opportunity for renovation and expansion in a prime location. This spacious ranch sits nestled on a generous 1-acre lot, offering endless possibilities. Currently featuring three bedrooms and one and a half baths, the home welcomes you with its potential to transform into a modern masterpiece. The open living area invites natural light, creating a warm ambiance for gatherings and daily living. Armonk is a commuters' delight known for its convenience to award-winning schools, parks, and shopping. Don't miss this opportunity to customize and create your dream home in a prestigious locale.
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About Armonk
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017