$2,450,000
●
House -
Off Market
806 Forest Avenue
Rye City, NY 10580
4 Beds
3 Baths,
1
Half Bath
3,672 Ft²
$2,883,637
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Set high on a rise with glistening water views of Long Island Sound
from the 2nd floor, this architectural beauty on Milton Point is
pure seaside bliss! An alfresco delight with/stunning deck, firepit
& grill, balanced by cool laid-back interiors – fluid rooms,
hardwood flrs and ample space for work & play. Inspired by a 2017
renovation, every inch of this 3,672 sqft home is light-filled and
stylish – from the cafe-like ambience of the chef's marble kitchen
w/wrap-around banquette seating, to the open-plan FR w/fpl and dr
to deck. Grass cloth walls pepper the sunlit DR, leading to a cozy
den and bar w/Marvel wine fridge, and a convenient 1st flr bdrm and
bth. The 2nd flr boasts a spectacular office with picture-postcard
water views, and 3 bright bedrooms. Even more functionality in the
LL – large playroom, fitted mudroom opening to a 1.5 car garage,
laundry, and home gym! Close to Rye Town Park & Beach and Milton
Elementary. Rye City has the lowest effective tax rate in
Westchester Co. Additional Information: ParkingFeatures:1 Car
Attached,
Unit Size
3,672 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$679
Property Type
House
Property Taxes
$2,760
HOA Dues
-
Year Built
1965
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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 #KEYH6096712)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | In contract | - | |
| In contract | |||
| Mar 3, 2021 | Listed by Houlihan Lawrence Inc. | $2,495,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Jul 26, 2016 | Sold | ||
| Sold | |||
| May 19, 2016 | Listed by Houlihan Lawrence Inc. | $2,395,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
|
Impeccable sun-filled Colonial located on desirable Milton Point. The 1st floor features kitchen with island, stainless appliances and breakfast area, powder room, sunken dining room opening to large living room with fireplace and French doors opening to family room, full bath and bedroom. 2nd floor living space includes master suite with private bath and large walk-in closet, office with wall of windows with partial views of LI Sound, hall bath replete w/dual vanities/separate water closet and 2 family bedrooms both with walk-in closets. Lower level includes large recreation room, exercise room, laundry/mudroom w/sink/storage, access to attached 1 1/2 car garage and storage. Home offers updated kitchen and baths, bright sun-filled rooms, beautiful hardwood floors, skylights, alarm system and more. Sited on a quarter of an acre in walking distance to Milton Elementary School, Kniffen Cove, Oakland Beach/Park, and beach clubs. Large mahogany deck with hot tub is ideal for entertaining. Additional Information: ParkingFeatures:1 Car Attached,
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Rye
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017