1121 Estates Dr
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Village Associates Real Estate | $3,850,000 | |
| Listed by Village Associates Real Estate | |||
| Mar 17, 2025 | Listed | $4,150,000 | |
| Listed | |||
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Experience resort-style living in this exquisitely remodeled custom home, perfectly situated on a secluded lot in the desirable Happy Valley area. Indoor elegance flows seamlessly into a stunning backyard oasis, creating the ultimate entertainer’s dream. Multiple social spaces blend beautifully with the tropical-inspired outdoor setting, featuring a covered loggia, sparkling pool and spacious pool house. The main level showcases a grand living room, an inviting family room, and an elegant formal dining room. The incredible chef’s kitchen is the true centerpiece of the house, complete with two large islands, high-end appliances, a coffee station, and a wet bar—ideal for hosting gatherings or enjoying quiet mornings. Upstairs, you’ll find three generously sized bedrooms, including a spectacular primary suite with a spacious retreat and a luxurious custom soaking tub for ultimate relaxation. The 4th bedroom, located in the stunning pool house, includes a kitchenette and full bath. Additional features include Tesla Solar Roof Tiles, 3 power walls, 1500+ bottle temperature-controlled wine room, raised vegetable boxes with 1700+ gallon recaptured irrigation system and smart home designed electronic controls.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017