1155 Arden Road
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%.
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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 25, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Listed by Compass | $8,388,000 | |
| Listed by Compass | |||
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Welcome to this Contemporary New Construction Gated Estate, located on Arden Road, a premier street near Caltech and The Huntington Library, Art Museum, & Botanical Gardens. This magnificent property presents a rare opportunity to indulge in the epitome of sophistication and minimalist design. Set on a knoll above street level, this south-facing home offers a total of 6,000 SF of living space. Every detail has been thoughtfully executed and no expense spared. The gated entrance leads to a landscaped circular driveway and attached garage. The Rismondo Design interior seamlessly blends modern amenities with classic craftsmanship, featuring soaring ceilings, custom millwork, flush to wall doors by Bluinterni Italy and Croatian oak wood floors throughout, and lighting fixtures from Masiero, Gervasoni, and Artemide. The spacious family room, living room and dining room offer panoramic views of the private grounds and feature 2 fireplaces. All of the living areas on the main floor feature large-panel sliding doors which completely dive into the walls, thus making this the ultimate indoor-outdoor environment. Top-of-the-line floor to ceiling windows, manufactured in Spain by Cortizo, offer wonderful garden views and provide an indoor-outdoor feel to the home. The gourmet kitchen equipped with Wolf and SubZero appliances, custom cabinetry by Key Cucine, and a 16 ft DEKTON Stone island overlooks the backyard. The patio deck features an outdoor stainless steel kitchen with a 40' grill, dual side burner, bar, refrigerator and sink. The main house offers 5 bedrooms, including a sumptuous primary retreat complete with a spa-like bathroom with dual walk-in closets by Veneran, Italy, and a huge private deck. Nearly every bedroom has outdoor space attached. The luxurious bathrooms are outfitted with basins, bathroom cabinets and tubs by Cerasa. Additional highlights: glass temperature controlled wine storage, walk-in food pantry, private office, outdoor pool bath, solar panels and 8 temperature control zones. Set at the rear of the property is the new 1 bedroom, 1.5 bath ADU, which offers the same level of quality materials and craftsmanship as the main house. This private sanctuary features a fully-equipped high-end kitchen and in-unit laundry. The grounds boast lush lawns, mature trees and a new sparkling swimming pool and spa with automatic cover. This Italian-inspired masterpiece awaits its discerning new owner to call it home.
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| Feb 5, 2024 | Listed by COMPASS | $8,388,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017