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112 Crescent Drive
About This Property
Welcome to this impeccably renovated wide line Hi-Ranch, design meets tranquil suburban living. Located in one of Searingtown's most prestigious enclaves, the home is surrounded by grand, stately estates, offering a serene and sophisticated neighborhood ambiance. Bathed in southern exposure light, this move-in-ready masterpiece has been thoughtfully updated to satisfy the most discerning chef and entertainer.
The main level step into an expansive open-concept layout featuring soaring cathedral ceilings and gleaming new floors. A Chef's kitchen is made of-outfitted with professional-grade stainless steel appliances, double wall ovens, a dedicated food warmer, and marble countertops. Whether hosting a formal dinner or enjoying a quiet morning in the breakfast nook, the flow to the spacious living room and bay windows is seamless. The primary suite with dual closets, and completed a full renovation of the master e-suite and the hallway bathroom, featuring a modern and sophisticated design, two additional generously sized bedrooms. Step outside to your private Trex deck, a peaceful retreat nestled by lush trees - the ultimate venue for summer soirees.
The versatile lower level offers a cozy family room anchored by a wood-burning fireplace, a 4th bedroom, and a full bath-perfect for a guest suite or home office. With a 2-car garage, and proximity to the Americana Manhasset, Christopher Morley Park(golf, tennis, pool, skate ++), and both Manhasset and Albertson LIRR stations, this home offers a unparalleled North Shore lifestyle.
Major upgrades; Brand New Central Air conditioning(CAC) system in 2025, NEW roof, New interior & Exterior Paint, New Refrigerator and LED recessed lightings and light fixtures in 2022, New Hot water tank in 2021, and two separated heating zoned(1st & 2nd floor), Excellent Herricks school district(walk to Seartingtown elementary and Herricks Middle school) and close to High school, shopping, dines, and easy to access highways, +++++
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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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Increased |
$1,750,000
↑ $55K
(3.2%) | |
| Price Increased | |||
| Apr 1, 2026 | Price Increased |
$1,695,000
↑ $547K
(47.7%) | |
| Price Increased | |||
| Mar 12, 2026 | Relisted | $1,148,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017