1 Preakness Way
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| May 17, 2025 | Listed by Keller Williams Realty West Monmouth | $3,999,999 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Feb 13, 2025 | Listed | $4,399,999 | |
| Listed | |||
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Experience this stunning modern-transitional custom home w/ 4 sided stucco & stone ext, exquisite roof lines & curb appeal second to none. Built in 2024 it features soaring 10ft ceilings on 1st fl, 9 ft on 2nd fl. Breathtaking limestone wash walls oversized arched brick accented doorways & wood beams that create timeless luxury. Gorgeous open floor plan was carefully designed & decorated to bring the warm of the outside to the interior. Oversized doors & windows create a spectacular view on sun filled days & relaxing evenings. The primary suite is a retreat on its own w/ spectacular his/her WIC & impressive dbl shower. 4 addl beds offer ample space & custom closets. Situated on over 2 acres, 4 car gar, radiant heat, 3 fpl & generator just to name a few details, This estate is a must see 2 car attached garage with direct entry to main home and basement. 2 car detached garage w/ roughing for a full bathroom should you envision creating your backyard oasis with pool house. Above detached garage a is fully framed unfished room w/ stairs that can be provide many uses such as a home office, gym, additional private bedroom. Nestles on over 2 acres on a private cul de sac this
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017