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1028 Esplanade
About This Property
A Home Designed for Grand Entertaining & Comfortable Living
From the moment you step inside, you are met with elegance at every turn. The gracious foyer leads to expansive entertaining spaces, including a grand formal living room with an impressive fireplace, a banquet-sized dining room, and a sun-drenched family room-all featuring soaring ceilings, rich architectural details, and an effortless flow that is perfect for hosting unforgettable gatherings.
The gourmet kitchen, designed for both function and style, boasts custom cabinetry, top-of-the-line appliances, and a spacious island-a true culinary haven. The seamless indoor-outdoor flow from the kitchen to the private terraces allows for easy al fresco dining and entertaining. With 7 luxurious bedrooms, multiple fireplaces, and thoughtfully designed spaces, this home offers the perfect balance of grandeur and warmth.
A Resort-Like Outdoor Paradise
Step outside, and the estate transforms into an entertainer's dream. The heated, lagoon-style pool and spa are enveloped by lush greenery, creating a private resort setting in your own backyard. The multiple stone patios and shaded seating areas provide the perfect backdrop for hosting summer soirees, intimate dinners, or simply unwinding after a long day.
Adding to the serenity, a tranquil koi pond with a cascading waterfall enhances the lush landscape, offering a peaceful escape that soothes the senses. Whether lounging poolside, gathering around the firepit, or enjoying a morning coffee on one of the estate's many picturesque terraces, every outdoor space has been designed to offer the ultimate in luxury and relaxation.
A Rare Opportunity in Pelham's Most Prestigious Enclave
More than just a home, 1028 Esplanade is a statement of prestige and exclusivity-a rare opportunity to own a private sanctuary with unmatched luxury amenities in one of Pelham's most coveted neighborhoods. This estate is a true masterpiece, offering an unrivaled lifestyle of elegance, comfort, and distinction.
Some photos virtually staged.
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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 27, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed by Capital Realty NY LLC | $2,999,998 | |
| Listed by Capital Realty NY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017