972 Washington 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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Carey Giampa, LLC/Rye | $1,975,000 | |
| Listed by Carey Giampa, LLC/Rye | |||
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Exceptional Rye property in a gorgeous setting. Close to the beaches while surrounded by nature. The updated interior of this beautiful Cape style residence features impressive architectural millwork, fine craftsmanship, three gas fireplaces, period details and hardwood floors throughout, including wide reclaimed pine. A converted 1870s "schoolhouse" is connected to a 2005 "carriage house" for the ultimate in flexible living. Floorplan includes multiple living quarters to allow for multi-generational living. The schoolhouse has a 1st level that consists of a mudroom, open-concept kitchen, living & dining area, 2 bedrooms and full bath. The private deck for outdoor dining and lounging overlooks stunning acreage and a charming farm. The 2nd level of the schoolhouse includes more great living space, a kitchen, 2 more bedrooms & a bath. The connected carriage house boasts striking architectural features, soaring ceilings, radiant heat, two large bedrooms, custom closets, an open kitchen & living space and 2 bathrooms. Connecting the schoolhouse and the carriage house is a newly built (2021) oversized garage with a generous great room above featuring beautiful views of the orchard behind. The 1st level of the schoolhouse can be utilized as a legal ADU apartment for possible income generation New farmers porch, mahogany decks, garage with front & rear doors, generator, outdoor shower, irrigation, hot tub, sauna, gas firepit & more! A truly special Rye property!
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| May 31, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2022 | Listed by Duston Leddy Real Estate | $2,195,000 | |
| Listed by Duston Leddy Real Estate | |||
| Jun 12, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017