9-11 Putnam Park Road
About This Property
Both houses have generators and are in very good condition. The main house has $38,000 in taxes and the guest house has $10,259 in taxes. The guest house could make an excellent rental property. Additional Information: Amenities:Guest Quarters,Marble Bath,Stall Shower,Storage,HeatingFuel:Oil Below Ground,ParkingFeatures:3 Car Attached,
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2022 | Listed by Olshan Group LLC | $2,150,000 | |
| Listed by Olshan Group LLC | |||
| Aug 22, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | In contract | - | |
| In contract | |||
| May 8, 2022 | No longer available | - | |
| No longer available | |||
| Feb 4, 2022 | Listed by Coldwell Banker Res Brokerage | $2,700,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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The historic homestead of Redding's namesake, John Read, is a country estate consisting of two homes which can be purchased together or separately. The main house is a 1939 colonial that has been exquisitely restored and immaculately maintained, spacious and graceful w/original architectural details and state of the art amenities. The foyer leads to a grand curved staircase, formal living and dining rooms w/chestnut wide plank floors. 5 large ensuite bedrooms (one on main level) and abundance of storage. Set back on 11+ private, level acres w/a 55' gunite pool w/spa & poolhouse w/a restored summer kitchen, fireplace & full bath plus 2 additional potentially subdividable lots. Stone patios & walkways, professional landscaping, rolling lawns & mature plantings, whole-house generator complete this exceptional estate. Guest house built in 1939 features 3 BRs/2 baths (1st-floor ensuite), screened porch, whole-house generator. This country retreat affords peace & quiet, yet commutable to NYC The manager has listed the unit size as 6343 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017