42
Map
115 Gregory Road
About This Property
Step inside to soaring ceilings and expansive windows that flood the space with natural light. The well-appointed layout includes 4 spacious bedrooms, each with its own ensuite bath, plus a dedicated office and club room. Coffered ceilings, detailed moldings, and high-end finishes elevate the home. The gourmet kitchen is equipped with a 36" Sub-Zero refrigerator, Viking 6-burner gas range, and a wet bar with wine fridge. Step outside to the covered loggia featuring a fully equipped summer kitchen with Naturekast cabinetry, refrigerator, sink, and grill, along with a wood-burning fireplace, cabana bath, and a heated pool & spa set in a beautifully landscaped tropical, private oasis.
Perfectly positioned near picturesque Flagler Drive, Summa Beach, South Olive Park & Tennis Center, and the Park Golf Facility, this exceptional property offers the ideal blend of elegance, comfort, and convenience.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by Simon Isaacs Real Estate LLC | $4,495,000 | |
| Listed by Simon Isaacs Real Estate LLC | |||
| May 23, 2025 | Price Decreased |
$4,495,000
↓ $500K
(10%) | |
| Price Decreased | |||
| Feb 14, 2025 | Price Decreased |
$4,995,000
↓ $400K
(7.4%) | |
| Price Decreased | |||
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About Lewis Shore Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017