81 Manitou Station 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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Oct 23, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Houlihan Lawrence Inc. | $515,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Calling all contractors! Here’s a rare chance to create your dream residence in one of the Hudson Valley’s most enduringly desirable locations. Tucked at the end of a long private drive, the existing structure is ready for replacement, renovation or complete rebuild, giving you the chance to create a home that matches the potential of its setting. Just steps away, enjoy world-class bird watching and hiking at Manitou Point Preserve—126 acres of pristine wilderness with three miles of trails tracing the edge of the Hudson River. After a day of relaxing in nature, a short walk to Metro-North will have you in Grand Central in just over an hour. In an area known for its lasting value and timeless appeal, this property offers the chance to reimagine, rebuild, and realize long-term returns. An investment in location, lifestyle, and potential. This property requires a Hold Harmless Agreement mold disclosure to be signed prior to showing. Property will NOT pass FHA, VA or Conventional financing. Need cash or rehab loan
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| Aug 27, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | In contract | - | |
| In contract | |||
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About Putnam
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 3 Beds
- 2 Baths
- 1,881 ft²
$2,300 /mo
- 1 Bed
- 1 Bath
- 550 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017