946 Esplanade
About This Property
Exquisite vintage features and completely renovated throughout! This stately 1895 stone and shingle manor combines historic grandeur with 21st livability for luxuriously comfortable living and spectacular entertaining. All new plumbing, electric, HVAC, and security systems, beautifully updated bathrooms, and state-of-the-art kitchen-just move in and make it yours! Luxuriously large living room, magnificent banquet-sized dining room with very special Inglenook fireplace, as well as a gracious reception area with original herringbone floors and leaded glass windows. Fabulous covered stone porch for summer parties, and bright comfortable family room with generous deck. Countless options for guest and /or staff quarters, home office, play space, exercise/yoga studio, including the charming carriage house. 2-car garage and ample guest parking. Beautiful mature property in a highly desirable neighborhood, just 30 minutes from Manhattan. A rare find! Additional Information: Amenities:Storage,ParkingFeatures:2 Car Detached,
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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 |
|---|---|---|---|
| May 7, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Relisted | $3,485,000 | |
| Relisted | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 6, 2025 | Price Decreased |
$3,485,000
↓ $240K
(6.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017