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1 Red Leaf Lane
About This Property
The highly versatile ground-floor suite offers exceptional live/work flexibility with its own exterior entrance, interior access, bathroom with shower, and abundant natural light. Street frontage creates an exciting opportunity for a home office, professional workspace, guest suite, or additional living area for income of $2200+ per month.
Enjoy picturesque views across Triad Lane toward Boreal Park and rolling hills. The charming patio opens to a beautiful park setting, while the dramatic two-story living room features soaring ceilings and oversized windows.
The designer kitchen showcases Calacatta-style engineered quartz countertops, handcrafted-look white subway tile backsplash, custom white shaker cabinetry with brushed brass hardware, a white fireclay apron-front farmhouse sink and high-arc matte black pull-down faucet. Premium appliances include a Bosch stainless-steel dishwasher and LG Smart Slim microwave. Custom lighting, including matte black pendants and integrated under-cabinet LEDs, a nice look.
The home features wide-plank European white oak-style flooring, shutters, tall baseboards, volume ceilings, dimmable lighting, and custom closets. A Google Nest Thermostat adds smart-home convenience.
The primary suite is a luxurious retreat with a custom charcoal/taupe double vanity, Calacatta quartz, dual LED backlit mirrors, oversized marble-look porcelain flooring, glossy white vertical herringbone shower tile, Carrara-style hexagonal mosaic shower flooring, matte black fixtures and a beautiful freestanding soaking tub.
The secondary bathroom features a white shaker vanity, quartz countertop, fish-scale mosaic tile, matte black shower enclosure and brushed brass fixtures. The stylish powder room includes a vertical herringbone tile accent wall, natural wood console vanity, charcoal vessel sink, brushed brass faucet and custom white oak chevron barn door.
The third-floor bedroom includes its own full bath, while the loft offers additional flexibility. The attached two-car garage and full driveway.
Enjoy everything Ladera Ranch offers, including 15 pools, splash parks, sports courts, skate park, clubhouses, and more.
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Cap Rate Calculator
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 8, 2026 | Sold | ||
| Sold | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Listed by First Team Real Estate | $1,125,000 | |
| Listed by First Team Real Estate | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017