10205 CEDAR POND DRIVE
About This Property
The approach begins with a gentle hilltop location and meticulously landscaped grounds framed by mature trees, setting the stage for the romantic architecture and elegant interiors. At the heart of the home, a stunning kitchen features a custom, expansive design ideal for both everyday living and entertaining. The adjoining formal dining room is highlighted by a dramatic plaster groin-vaulted ceiling and walls of windows that capture serene views of the landscaped grounds and pool beyond. A sun-filled garden room opens directly to the rear terrace, blending indoor and outdoor living. The spacious main-level family room adjoins a paneled study providing the option of a first-floor primary suite.
The rear garden is a resort-like destination, featuring stone terraces, formal gardens, fountains, and mature trees-all anchored by a resort-style swimming pool, spa, fire pit, and two custom gazebos.
Upstairs, the primary suite offers a fireplace, an extraordinary custom dressing room with handcrafted burled walnut and mahogany cabinetry, and a spa-inspired bath designed for relaxation-two additional bedrooms on this level feature cathedral ceilings and abundant windows overlooking the gardens. The lower level provides remarkable flexibility for guest accommodations, fitness, media, or lounge space.
Every room reflects a commitment to quality and craftsmanship, with timeless design, abundant natural light, and a seamless blend of European character and luxury. As an Added Bonus, some key furnishings on the main level will remain with the Home.
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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 |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$4,250,000
↓ $247K
(5.5%) | |
| Price Decreased | |||
| Jan 18, 2026 | Price Decreased |
$4,497,000
↓ $3K
(0.1%) | |
| Price Decreased | |||
| Oct 3, 2025 | Listed by TTR Sotheby's International Realty | $4,500,000 | |
| Listed by TTR Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017