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115 Pheasant Run Road
About This Property
The primary suite is a true retreat, complete with a cozy fireplace and a luxurious ensuite bath. Secondary bedrooms are split creating an ideal layout for family or guests. The well-appointed living, kitchen, and dining spaces are designed for both everyday living and entertaining, highlighted by a warm fireplace in the living room and an impressive wet bar featuring a built-in ice maker and cooling drawers.
The gourmet kitchen, extensively remodeled in 2021, showcases leather-finished granite countertops, commercial-grade stainless steel appliances, built-in refrigerator, dishwasher, oversized walk-in pantry, large built-in wine cooler, double ovens, breakfast bar, and a six-burner gas cooktop with griddle.
Step outside to your backyard oasis featuring a sparkling pool and spa with PebbleTec, tile, and decking updated in 2023. The expansive covered patio and outdoor kitchen, create the ultimate entertaining space!. Additional outdoor highlights include a pergola, fire pit area, removable pool safety fence, and a non potable irrigation well fully serviced and refurbished in 2024. Ample parking with attached 3 car garage and detached garage or workshop.
Additional updates include interior & exterior paint and gutters in 2024, roof replacement, Pella French doors and Bali window treatments added in 2023, windows replaced in 2014 with a 20-year warranty and septic conversion to city sewer in 2026.
This exceptional property combines timeless elegance, modern upgrades, and resort style amenities in one of the area's most desirable neighborhoods!
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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 30, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Increased |
$1,265,000
↑ $15K
(1.2%) | |
| Price Increased | |||
| May 13, 2026 | Listed by Century 21 Mike Bowman, Inc. | $1,250,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| May 23, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017