99 River 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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Price Decreased |
$1,599,000
↓ $51K
(3.1%) | |
| Price Decreased | |||
| May 19, 2024 | Listed by Howard Hanna Rand Realty | $1,650,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This one of a kind Cobblestone Craftsman inspired home is set on 1.40 acre and is carved into a 1700's sandstone quarry. Originally known as Willow Knoll it was built for James Ellicot, the inventor of the air brake as a summer residence. This exceptional estate consists of both a main house plus a 1000 sf guest house. Boasting expansive river views, pastoral gardens and extensive stonework the property exudes a peaceful feeling - a retreat from the hustle and bustle of life. Both homes feature extensive and original details including hand hewn benches, moldings, stone fireplaces, and surprise built ins and cubbies. The extra wide wrap around porch with its grand arches was crafted to present the river views as if in a Hudson Valley water color painting, and is perfect for staying cool on a hot summer day. The floor plan is open with generously sized rooms, high ceilings, beautiful wood floors, and antique glass. The Chef's kitchen with its commercial grade stove, and thick marble counters opens onto the perfect breakfast room and butlers pantry with a great open gas fireplace. The primary bedroom is ensuite and features a round window alcove which perfectly frames the river below as well as a domed ceiling. The sweetest guest house has been home to a variety of writers and actors including Game of Thrones Peter Dinklage. The guest house is perfect for artists, writers, yoga or extra income. Equidistant to the Villages of Nyack and Piermont.
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| Jan 11, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017