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11262 Skyline Drive
About This Property
Refined craftsmanship is evident throughout, with bespoke stonework, wood-beamed ceilings, and curated designer finishes. Expansive interiors seamlessly balance formal and casual living, offering elegant sitting and dining rooms, a richly appointed office with library ladder, playroom, theater, billiards/game room, exercise room, and generous accessible attic storage.
Designed for both daily living and elevated entertaining, the gourmet kitchen features stone countertops, Sub-Zero refrigeration, Miele dishwashers, and a full suite of GE Monogram appliances, including a range, ovens, warming drawer, and microwave. An oversized island with prep sink, sunlit breakfast nook, and additional bar seating complete the space.
The primary suite offers a private retreat with fireplace and a spa-inspired bath designed for relaxation. Additional highlights include a temperature-controlled wine cellar, Control4 home automation, and a comprehensive security system with cameras, early-detection beams, safe room, panic buttons, glass-break sensors, water/flood detection, and fire system.
An attached six-car garage is complemented by a motor court accommodating up to ten additional vehicles.
Resort-style grounds create a serene escape, featuring mature landscaping, an infinity-edge pool and spa renovated in 2021, covered outdoor kitchen, and multiple intimate courtyards. Sweeping mountain views-captured from nearly every room-complete this exceptional offering in one of Lemon Heights' most coveted settings.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by Coldwell Banker Realty | $6,995,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017